In MrMarshall's Classroom, Students Who Acquire 20 Points in One Day

question 82

Multiple Choice

In Mr.Marshall's classroom, students who acquire 20 points in one day can have a half hour of free time at the end of the day.Mr.Marshall awards points to his students for good behaviour and deducts points when they misbehave.The deduction of points for misbehaviour is known as:

• A)time-out..
• B)a logical consequence.
• C)response cost.
• D)a verbal reprimand.

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Definitions:

Absorption Costing

A costing method that includes all manufacturing costs, both fixed and variable, in the cost of goods sold.

Predetermined Overhead Rate

A rate calculated before the accounting period begins, used to allocate manufacturing overhead costs to individual products based on a certain activity base.

Normal Cost System

A costing system in which overhead costs are applied to a job by multiplying a predetermined overhead rate by the actual amount of the allocation base incurred by the job.

Job Cost Sheet

A document that records the materials, labor, and manufacturing overhead costs assigned to each individual job in production.