Dezire Travel Services Provided the Following Information

question 130

True/False

Dezire Travel Services provided the following information:
Direct labor rate: $80 per hour
Predetermined allocation rate for indirect costs: $18 per direct labor hour
If Dezire records revenue of $1,600 for a job requiring 10 hours of direct labor,then Dezire will make a profit of $800.

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Definitions:

Response Rate

The frequency at which a specific behavior is performed, often measured in experimental or observational studies to determine the effect of variables.

Fixed-Interval Reinforcement

A reinforcement schedule in which the initial response is reinforced only after a certain period of time has passed.

Extinguish

In psychology, to diminish or eliminate a learned response, typically by no longer pairing the stimulus with the reinforcement.

Fixed-Ratio Schedules

A type of reinforcement schedule in operant conditioning where a response is reinforced only after a specified number of responses, leading to a high and steady response rate.