It takes your body around 1 hour to process 1 Unit of Alcohol, so that's about half a pint of beer or one 25 ml shot or 2/3 of a 125 ml glass of wine. That number is for people with a healthy liver.
The following are the major differences between explicit cost and implicit cost. 1  Explicit Cost is incurred when the entity has to pay for the utilisation of factors of production. Implicit Cost is the opportunity cost, which is incurred when the entity uses the ownerâs resources like capital inventory etc.
1 The net operating income under variable costing systems is always higher than absorption costing system when inventory decreases. 2  When inventory increases, the fixed manufacturing overhead cost is deferred to inventory. 3  When inventory decreases, the fixed manufacturing overhead cost is released from inventory.ariable costing and absorption costing usually produce different net operating income figures. The reason is that the fixed manufacturing overhead cost is not treated the same way under two costing methods.