Mattson Construction Charges Each Customer a Price Equal to the Cost

question 141

Multiple Choice

Mattson Construction charges each customer a price equal to the cost of direct materials,direct labor,and overhead plus 40%.Job #1845 included the following costs: What is price charged for Job 1845?

• A)$86,000
• B)$42,400
• C)$106,000
• D)$184,800
• E)$166,154

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Definitions:

Operant Conditioning

Operant conditioning is a type of learning where behavior is controlled by consequences, including reinforcement and punishment.

Classical Conditioning

A form of learning in which one stimulus is paired with another so that the organism learns a relationship between the stimuli.

Modeling

Modeling is a learning process in psychology where individuals learn behaviors, attitudes, or emotional reactions through observing the behaviors of others.

Cognitive Restructuring

A set of cognitive therapy techniques for changing a person’s maladaptive beliefs or interpretations through persuasion and confrontation.