The Following Information Pertains to Ball Company 39 800 Units Are Sold During the Year for $100

question 165

Essay

The following information pertains to Ball Company:
$$\begin{array} { l r } \text { Manufacturing costs } & \$ 2400000 \\\text { Units manufactured } & 40000 \\\text { Beginuning inventory } & 0 \text { units }\end{array}$$
39 800 units are sold during the year for $100 per unit.
Required:
a.What is the average manufacturing cost per unit?
b.What is the cost of ending finished goods inventory?
c.What is the gross margin?
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Definitions:

Classical Conditioning

The acquisition of knowledge that takes place by associating an external stimulus with a naturally existing stimulus, which triggers a deliberate response.

Operant Conditioning

A learning process in which the probability of a response is changed by its consequences, with behaviors being strengthened or weakened by reinforcements or punishments.

Fear Conditioning

A behavioral paradigm in which organisms learn to predict aversive events, showing that certain stimuli can be associated with fear responses.

Punishment

The imposition of a penalty as a response to an undesired behavior, intended to decrease that behavior's occurrence.