A Standard Las Vegas Slot Machine Does Not Have Any

question 16

Multiple Choice

A standard Las Vegas slot machine does not have any set number of times it must be played before it pays out.You might win on your first try,you might win on your fifth try,or you might not win at all! This is an example of a __________ schedule of partial reinforcement.

• A) variable interval
• B) fixed ratio
• C) fixed interval
• D) variable ratio

Analyze the impact of cost structure on gross margin and contribution margin.

Determine the effect of inventory changes on net operating income under different costing methods.

Understand how direct labor as a variable cost affects product costing and decision making.

Understand the construction and analysis of segmented income statements in a contribution format.