Use This Information to Answer the Following Question A Periodic Inventory System Is Used; Ending Inventory Is 147

question 81

Multiple Choice

Use this information to answer the following question. $\begin{array}{ll}\text { Beginning inventory } & 100 \text { units @ } \$ 8.00 \\\text { Purchase-Oct. } & 200 \text { units @ } \$ 6.00 \\\text { Purchase-Dec. } & 100 \text { units } \$ 12.00\end{array}$ A periodic inventory system is used; ending inventory is 147 units.
What is ending inventory under FIFO?

• A) $1,382
• B) $1,582
• C) $1,282
• D) $1,482

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Definitions:

Intermittent Reinforcement

A conditioning schedule where a response is only sometimes reinforced, leading to more resistant and persistent behavior.

Faster Extinction

The accelerated reduction or loss of conditioned responses, typically in the context of behavioral psychology.

Continuous Reinforcement

A learning schedule in which every correct response is followed by a reward, facilitating rapid learning.

Scheduled Reinforcement

A strategy in behavior modification that involves delivering reinforcement according to a predetermined schedule.