Mayberry Company Had the Following Journal Entries Recorded for the End

question 128

Essay

Mayberry Company had the following journal entries recorded for the end of June. Unfortunately, the company's only accountant quit on July 10 and the president is at a loss as to the company's performance for the month of June.

Required:
a.What kind of performance did the company have for June? Explain each variance.
b.Why is Direct Materials given in two entries?

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Definitions:

Primary Reinforcer

A stimulus that satisfies a basic survival need and is inherently reinforcing without learning, such as food, water, or warmth.

Negative Reinforcement

involves the strengthening of a behavior because a negative condition is stopped or avoided as a consequence of the behavior.

Secondary Reinforcer

A stimulus that acquires its reinforcing capabilities by being linked with a primary reinforcer.

Primary Reinforcer

A naturally reinforcing item or outcome, such as food or water, that does not require learning to be considered rewarding.