Hurley Processors Processes Clay into Two Joint Products, Molding Foam

question 84

Multiple Choice

Hurley Processors processes clay into two joint products, molding foam and craft blocks.When processed, each pound of clay yields 20 units of foam and 80 units of blocks.Foam sells for $2 per unit and blocks sells for $1.50 per unit.The total cost to process a 100-pound batch of clay is $35.If the relative sales value method is used to allocate the joint costs, how much will be allocated to craft blocks?

• A)$8.75
• B)$26.25
• C)$28.00
• D)$15.00

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Definitions:

Intermittent Schedule

A reinforcement schedule in which rewards or consequences are given out at irregular intervals to modify behavior.

Free Will

The ability of agents to make choices free from certain kinds of constraints, a concept often debated in philosophy and psychology.

Behavioral Principles

Fundamental concepts or rules that underlie patterns of behavior, often used in psychology to explain and predict human actions.

Conditioned Stimuli

In classical conditioning, a previously neutral stimulus that, after association with an unconditioned stimulus, comes to trigger a conditioned response.