Which of the Following Is True of Meridians

question 28

Multiple Choice

Which of the following is true of meridians?

• A)Meridians run from east to west.
• B)The highest degree label for meridians is 90°.
• C)Meridians are always parallel to each other.
• D)Meridians always follow great circles.

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Definitions:

Total Period Cost

The entire sum of expenses incurred by a business during a specific period, including both fixed and variable costs.

Absorption Costing

An accounting method that includes all manufacturing costs (direct labor, materials, and overhead) in the cost of a product.

Variable Costing

A bookkeeping approach that incorporates just the variable costs of production such as direct materials, direct labor, and variable manufacturing overhead into the costs of products.

Unit Product Cost

The total cost (direct materials, direct labor, and overhead) divided by the number of units produced.