Use the Information Below to Answer the Following Question(s)

question 116

Multiple Choice

Use the information below to answer the following question(s) .Hollywood North Magic, a cosmetic manufacturer, began operations in January.During the first month of operations, $60,000 was incurred for direct materials and $80,000 was incurred for conversion costs.During January, 30,000 litres of cosmetics were started and 6,000 litres were unfinished at the end of the month.Ending work-in-process was 45% completed.All inputs are added evenly throughout the production process.
-Which of the following items is not a component of "total costs to be accounted for in a given department's operations" when using process costing?

• A)direct manufacturing labour used in the given department
• B)the cost of materials requisitioned and used by the given department
• C)transferred-in costs from the prior processing department
• D)transferred-out costs to the next department
• E)conversion costs

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Definitions:

FR 40 Schedule

A type of fixed-ratio schedule in operant conditioning where a response is reinforced only after a specific number of responses have been made, in this case, every 40th response.

Operant Chamber

A laboratory apparatus used to study animal behavior in operant conditioning, allowing systematic presentation of stimuli and recording of responses; also known as a Skinner box.

Delayed Reinforcer

A reinforcement given some time after the desired behavior, which can still effectively strengthen the behavior despite the delay.

Immediate Reinforcer

A reward or consequence that immediately follows a behavior, increasing the likelihood of that behavior being repeated.