Jack's Water Slides Makes Custom Water Slides for Hotels

question 7

Multiple Choice

Jack's Water Slides makes custom water slides for hotels.On October 1, there were three jobs in process: Jobs 812, 813, and 814.Two more jobs were started during October: Jobs 815 and 816.By October 31, Jobs 812, 814, and 816 were finished.The following data has been collected:

-Overhead is applied at the rate of 110% of direct labor cost.Jobs are sold at cost plus 50%.Selling and administrative expenses for October totaled $3,000.By October 31, Jobs 812 and 816 are sold, but the customer who ordered Job 814 decided he did not want the slide, so it is still in the warehouse.

What is the selling price of Job 816?

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Definitions:

Negative Reinforcement

involves the removal of an unfavorable event or outcome after the display of a behavior, which in turn increases the likelihood of that behavior in the future.

Positive Reinforcement

The addition of a stimulus to increase the probability that a behavior will be repeated.

Negative Reinforcement

A behavioral technique that involves the removal of an unpleasant stimulus to increase the likelihood of a behavior being repeated.

Positive Reinforcement

The addition of a stimulus following a desired behavior that increases the likelihood of the behavior being repeated.