A Company Has Already Incurred a $55,000 Cost in Partially

question 75

Multiple Choice

A company has already incurred a $55,000 cost in partially producing its three products.Their selling prices when partially and fully processed are shown in the following table with the additional costs necessary to finish their processing.Based on this information,should any products be processed further?
$$\begin{array} { | c | c | c | c | } \hline \text { Product } & \begin{array} { c } \text { Unfinished } \\\text { Selling Price }\end{array} & \begin{array} { c } \text { Finished } \\\text { Selling Price }\end{array} & \begin{array} { c } \text { Further } \\\text { Processing } \\\text { Costs }\end{array} \\\hline \text { A } & \$ 72 & \$ 108 &\$3 5 \\\hline \text { B } & 83 & 124 & 42 \\\hline \text { C } & 94 & 141 & 45 \\\hline\end{array}$$

• A) All of these products should be processed further.
• B) None of these products should be processed further.
• C) Products A and B should be processed further.
• D) Products B and C should be processed further.
• E) Products A and C should be processed further.

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Definitions:

Elaborative Rehearsal

A memory technique that involves thinking about the meaning of the term to be remembered, as opposed to simply repeating the term to oneself.

Systematic Rehearsal

A deliberate practice or repetition of information to be remembered, often to move it from short-term to long-term memory.

Visuospatial Sketchpad

The visuospatial sketchpad is a component of working memory model that processes and stores visual and spatial information. It is important for navigation, understanding spatial relations, and manipulating objects in our environment.

Phonological Loop

A component of working memory responsible for temporarily storing and manipulating verbal and auditory information.