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For the Points (1,43)\left( - 1 , - \frac { 4 } { 3 } \right)

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Essay

For the points (1,43)\left( - 1 , - \frac { 4 } { 3 } \right) and (53,2)\left( \frac { 5 } { 3 } , 2 \right) :
(a) Plot the points on a coordinate plane.
(b) Find the distance between them.
(c) Find the midpoint of the line segment that joins them.


Definitions:

Weighted Average Method

An inventory costing method that calculates the cost of goods sold and ending inventory based on the weighted average cost of all items available for sale during the period.

Joint Costs

Costs incurred in the process of producing two or more products simultaneously, where the costs cannot be separated easily for each product.

Skimmed Milk

A dairy product from which almost all the fat has been removed.

Physical Units Method

An accounting approach used to allocate joint costs among products based on the number of physical units at a split-off point.

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