Better Buy Has Six CD Players in Inventory on December

question 18

Multiple Choice

Better Buy has six CD players in inventory on December 31.The players were purchased in November for $170.Price lists from Better Buy's supplier indicate that the same CD player would now cost the company $168.The current sales price for each of the CD players is $320.The adjustment would have what effect on Cost of goods sold?

• A) Cost of goods sold would increase by $2.
• B) Cost of goods sold would not be affected.
• C) Cost of goods sold would decrease by $12.
• D) Cost of goods sold would increase by $12.

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Definitions:

Variable-Interval

A schedule in operant conditioning where a response is rewarded after an unpredictable amount of time has passed.

Unpredictable

Describes something or someone that is not able to be predicted, due to variability in behavior or characteristics.

Reinforced

A process in which a behavior is strengthened by the outcome that follows it, making it more likely to occur in the future.

Positive Responses

Reactions or feedback that are affirmative, favorable, or supportive in nature, indicating agreement, pleasure, or endorsement.