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Assume that the following chemical reaction is at equilibrium.
C(s) + H2O(g) H2(g) + CO(g)
Which of the following statements is/are CORRECT?
1) Increasing the concentration of H2(g) will cause the reaction to proceed in the backward direction,increasing the equilibrium concentration of H2O(g) .
2) Decreasing the temperature will cause the reaction to proceed in the forward direction,increasing the equilibrium concentration of CO(g) .
3) Increasing the amount of C(s) will cause the reaction to proceed in the forward direction,increasing the equilibrium concentration of CO(g) .
ABC System
Activity-Based Costing; a method of assigning overhead and indirect costs to specific products or projects, based on their usage of activities.
Single-Base Allocation
A cost allocation method where overhead costs are distributed based on a single criterion or cost driver.
Cost Difference
The variance between the actual cost and the standard or expected cost of an item or activity.
ABC System
Activity-Based Costing System, a method of assigning overhead and indirect costs to specific products and services based on their consumption of resources.
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