Celeste Is Trying to Learn the Series of Steps Involved

question 17

Multiple Choice

Celeste is trying to learn the series of steps involved in a lengthy procedure she needs to use in chemistry class.She takes the first letter of a keyword in each step and puts the combination of letters together to form a contrived word she can remember.What process is Celeste using to remember the steps?

• A)Chain mnemonics
• B)Keyword method
• C)Mnemonic technique using the loci method
• D)Mnemonic technique of creating an acronym

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Definitions:

Overapplied

A condition where the allocated or applied overhead costs exceed the actual overhead costs incurred, leading to a temporary discrepancy in accounting records.

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead cost to products or job orders, based on expected overhead costs and a chosen allocation base.

Variable Component

A variable component refers to a part of a cost or expense that varies directly with the level of output or activity.

Fixed Component

A portion of total costs that remains constant, regardless of changes in the production level or sales volume.