Answer the Following Question(s)using the Information Below

question 48

Multiple Choice

Answer the following question(s) using the information below:
The Appliance Store sells a refrigerator and a freezer as a single package for $1,000.Other data are in the chart below.
-Using the stand-alone method with selling price as the weight for revenue allocation, what amount will be allocated to the refrigerator?

• A)$500.00
• B)$825.00
• C)$687.50
• D)$625.00
• E)$375.00

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Definitions:

Overconfidence

A cognitive bias where an individual's subjective confidence in their judgments is reliably greater than their objective accuracy.

Source-Monitoring Errors

Mistakes made when individuals fail to distinguish the origin of their memories, attributing them incorrectly to specific sources.

Reality-Monitoring Errors

Failures in the ability to distinguish between memories of actual events and internal imaginings or thoughts, leading to confusion about what has truly occurred.

Seizure Disorder

a medical condition characterized by episodes of uncontrolled electrical activity in the brain, leading to changes in behavior, movements, or consciousness.