Answer the Following Questions Using the Information Below:
Pederson Company

question 205

Multiple Choice

Answer the following questions using the information below:
Pederson Company reported the following:
$\begin{array}{ll}\text { Manufacturing costs } & \$ 150,000 \\\text { Units manufactured } & 5,000 \\\text { Units sold } & 4,700 \text { units sold for } \$ 75 \text { per unit } \\\text { Beginning inventory } & 100 \text { units }\end{array}$
-What is the manufacturing cost for the ending finished goods inventory?

• A) $12,000
• B) $8,000
• C) $11,000
• D) $5,000

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Definitions:

Negative Reinforcer

An unpleasant stimulus whose removal leads to an increase in the probability that a preceding response will be repeated in the future.

Immediate Reinforcer

refers to a reward that occurs directly after a behavior, enhancing the likelihood of that behavior occurring again in the future.

Latent Learning

Learning that occurs without immediate reinforcement and is not demonstrated until there is an incentive to perform.

Law of Effect

A principle in psychology stating that responses closely followed by satisfaction will become firmly attached to the situation and therefore more likely to recur in similar situations.