A Company Has Already Incurred a $93,000 Cost in Partially

question 97

Essay

A company has already incurred a $93,000 cost in partially producing its three products.Their selling prices when partially and fully processed are shown in the following table with the additional costs necessary to finish their processing.Based on this information, should any products be processed further?
$$\begin{array} { | c | c | c | c | } \hline \text { Product } & \begin{array} { c } \text { Unfinished } \\\text { Selling Price }\end{array} & \begin{array} { c } \text { Finished } \\\text { Selling Price }\end{array} & \begin{array} { c } \text { Further } \\\text { Processing } \\\text { Costs }\end{array} \\\hline \text { A } & \$ 31.27 & \$ 62.37 & \$ 33.76 \\\hline \text { B } & 42.56 & 96.11 & 49.82 \\\hline \text { C } & 89.01 & 102.72 & 17.29 \\\hline\end{array}$$

Understand the steps and procedures involved in conducting scientific investigations in social sciences.

Recognize the importance of controlling variables and creating experimental and control groups in social science research.

Identify the factors that social scientists focus on when examining human behavior, such as participants, situation, actions, and motivations.

Define social science and distinguish it from other fields of study.

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Definitions:

Kinesthetic

Pertaining to the kinesthetic sense, which is responsible for perceiving the position, weight, or motion of muscles, tendons, and joints.

Imitation

The action of copying or mimicking the behaviors, speech, or actions of others as a way of learning or social interaction.

Communication Style

The distinct manner in which an individual expresses themselves verbally and non-verbally, often influenced by personal, cultural, and social factors.