Miranda Is Learning How to Play Tennis

question 64

Multiple Choice

Miranda is learning how to play tennis.She has a unique way of hitting a backhand shot,but after a lesson with a professional instructor,Miranda changes her backhand technique because the technique she saw her instructor use is more efficient.Miranda has learned to improve her tennis due to

• A) vicarious conditioning.
• B) latent learning.
• C) observational learning.
• D) continuous reinforcement.

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Definitions:

Materials Cost

The total expense incurred by a company for raw materials and supplies needed to manufacture products.

Weighted-Average Method

A method for valuing inventory that figures out the cost of goods sold and the end inventory value by averaging the cost of all items available for sale over the period.

Labor and Overhead

The combination of direct labor costs and overhead costs incurred in the production process.

Conversion Costs

Refers to the combination of direct labor and manufacturing overhead costs incurred to convert raw materials into finished products.