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A Production Cost Worksheet Is Used to Summarize Total Costs

question 77

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A production cost worksheet is used to summarize total costs to account for, compute cost per equivalent unit, and assign total costs to units completed and to units in ending work-in-process.


Definitions:

Reinforcers

Stimuli, events, or conditions that increase the likelihood of a behavior being repeated.

Reinforcement

In operant conditioning, any event that strengthens the behavior it follows.

Successive Approximations

A method of shaping behavior by rewarding actions that are progressively closer to the desired behavior.

Shaping

The process of reinforcing closer and closer approximations to a desired behavior in order to teach a new behavior.

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