If the Beginning Balance in Raw Materials Inventory Is $5,000,the

question 101

Multiple Choice

If the beginning balance in Raw Materials Inventory is $5,000,the ending balance is $3,500,and $60,000 was the amount transferred to Work in Process Inventory,what is the amount of materials purchased during the period?

• A)$58,500
• B)$60,000
• C)$61,500
• D)$68,500

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Definitions:

Positive Reinforcement

A technique in behavioral psychology that involves rewarding desirable behaviors to increase their occurrence.

Punishment

constitutes the imposition of a negative consequence or the removal of a positive stimulus in response to undesired behavior, with the aim of reducing that behavior.

Vicarious Learning

Vicarious learning is the process of learning by observing the actions, consequences, and behaviors of others, rather than through direct experience.

Negative Reinforcement

A behavioral concept where the removal or avoidance of an unpleasant stimulus strengthens a behavior.