Professor Jennings Has Offered Extra Credit to Any of His

question 16

Multiple Choice

Professor Jennings has offered extra credit to any of his undergraduate students who participate in research. Ethically, what must Professor Jennings do for his class?

• A)Insist that everyone participate in the research in order to ensure fairness.
• B)Students must be given an alternative option for obtaining extra credit if they decide not to participate in the research.
• C)He does not have to give an alternative opportunity for extra credit, and he is allowed to deduct points for any student who does not participate.
• D)Because the research is associated with the course, he does not have to ensure confidentiality.

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Definitions:

Product Costs

The costs directly attributed to the production of a product, including materials, labor, and manufacturing overhead.

Period Costs

Expenses that are not directly attached to product production and are accounted for in the period they are incurred, such as sales and administrative expenses.

Fixed Manufacturing Cost

Costs that do not change with the level of production, such as rent, salaries, and equipment depreciation.

Manufacturing Overhead

All manufacturing costs incurred during the production process that cannot be directly attributed to specific units produced, such as utilities, maintenance, and factory supplies.