The Equation of Continuity Applied to an Incompressible Ideal Fluid

question 57

Multiple Choice

The equation of continuity applied to an incompressible ideal fluid flowing through a pipe of varying diameter is based on what of the following being conserved for the fluid in the pipe?

• A)its kinetic energy
• B)its momentum
• C)its flow rate
• D)its potential energy

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Definitions:

Work In Process

Units of product that are only partially complete.

Conversion Costs

Conversion costs represent the combined costs of direct labor and manufacturing overheads incurred to convert raw materials into finished goods.

Equivalent Unit

A measurement used in process costing to equate the work done on units in progress to a number of fully completed units.

Weighted-Average Method

An inventory valuation method that calculates the cost of goods sold and ending inventory based on the average cost of all units available.