Which of the Following Resulted from the Growing Demand for Sugar

question 45

Multiple Choice

Which of the following resulted from the growing demand for sugar in Europe?

• A)The independent indigenous nations of Mexico and South America, which grew sugarcane, became more powerful.
• B)Sugar-producing nations moved from the periphery to the core of the world system.
• C)Capitalism-once a cultural trait specific to New Guinea (where sugar was first domesticated)-expanded to the rest of the world.
• D)The transatlantic slave trade developed.
• E)English peasants who grew sugarcane became members of the bourgeoisie.

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Definitions:

Predetermined Overhead Rate

An estimated rate used to allocate manufacturing overhead costs to products or job orders, calculated before the costs are actually incurred.

Labor-Hour

A unit of measure representing one hour of work by an employee, often used in costing and budgeting processes.

Variable Overhead Efficiency Variance

The difference between the actual variable overhead incurred and the standard variable overhead allocated, based on the actual input of the allocation base.

Fixed Component

A cost that does not change with the increase or decrease in the amount of goods or services produced or sold.