The Law of Constant Composition States That ________

question 38

Multiple Choice

The law of constant composition states that ________

• A)compounds such as NO₂ and SO₂ have identical chemical properties.
• B)the elements forming a particular compound always combine in the same proportions.
• C)nitrogen and oxygen can combine to form NO or NO₂.
• D)compounds such as NO and NO₂ have identical chemical properties.
• E)only one compound can be produced when two elements combine.

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Definitions:

Standard Costs

Predetermined or estimated costs used for budgeting and measuring performance, typically under ideal operating conditions.

Materials Quantity Variance

The difference between the actual quantity of materials used in production and the standard quantity expected to be used, based on budgeted or planned amounts.

Direct Labor-Hours

The total hours worked by employees directly involved in the production process, used as a basis for allocating manufacturing overhead in cost accounting.

Variable Manufacturing Overhead

This refers to the expenses in manufacturing that vary in direct proportion to the volume of production, such as utilities and materials.