Figure 7-1
the Following Information Pertains to Mayberry Ltd -Refer to Figure 7-1

question 37

Multiple Choice

Figure 7-1
The following information pertains to Mayberry Ltd.: $\begin{array}{lr}\text { Beginning inventory } & 1,000 \text { units } \\\text { Ending inventory } & 6,000 \text { units } \\\text { Direct labour per unit } & £ 40 \\\text { Direct materials per unit } & 20 \\\text { Variable overhead per unit } & 10 \\\text { Fixed overhead per unit } & 30 \\\text { Variable selling and admin. costs per unit } & 6 \\\text { Fixed selling and admin. costs per unit } & 14\end{array}$
-Refer to Figure 7-1. Absorption costing net income would be ____ variable costing net income.

• A)£150,000 greater than
• B)£150,000 less than
• C)£240,000 less than
• D)£240,000 greater than

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Definitions:

Compound

A substance made up of two or more elements chemically bonded together, characterized by having properties distinct from its component elements.

DRO

Differential Reinforcement of Other behavior, a technique used in behavior therapy where reinforcement is given for any response other than a targeted undesired behavior.

Contingency Reinforcement Schedule

A plan or method in operant conditioning by which a certain behavior is reinforced based on meeting specific conditions or criteria.

Differential Reinforcement Schedule

A schedule of reinforcement in which a specific number of behaviors must occur within a specified time in order for reinforcement to occur