Which Statement Is True About Equilibrium

question 82

Multiple Choice

Which statement is true about equilibrium?

• A) The forward reaction rate is greater than the reverse reaction rate.
• B) The reverse reaction rate is greater than the forward reaction rate.
• C) The forward reaction rate is equal to the reverse reaction rate.
• D) Either A or B depending on the reaction.

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Definitions:

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead to individual units of production, based on estimated costs rather than actual costs.

Variable Manufacturing Overhead

Costs that vary with the level of production output and can include expenses such as utilities and materials used in the production process.

Direct Labor-Hours

The total hours worked by employees directly involved in manufacturing a product or delivering a service.

Fixed Manufacturing Overhead

refers to the manufacturing costs that do not vary with the volume of production, such as rent and salaries.