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The costs of materials consumed in producing good units in the Production Department of Jacobs Company were $38,000 and $39,125 for June and July, respectively. The number of equivalent units produced in June and July was 4,000 and 4,250, respectively. Which of the following best describes the change in the cost of materials between the two months?
Cognitions
Mental processes involved in gaining knowledge and comprehension, including thinking, knowing, remembering, judging, and problem-solving.
Culture
The shared beliefs, customs, practices, and social behavior of a particular nation or people.
Shared Rules
Agreed-upon guidelines or norms that govern the behavior of members within a group or society.
Norms
In test construction, established standards of performance.
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