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Refer to the Scenario Below to Answer the Following Questions

question 78

Multiple Choice

Refer to the scenario below to answer the following questions.
"Flo" of Communication (Scenario)
Recently the employees of Chatterbox Enterprises, Inc. received a letter from the vice-president of operations explaining that a new production facility would be built in Chatland, Ontario. It was also stated that about one-fourth of the employees from the current Chatland facility would be transferred to the new facility, and if an employee wanted to volunteer for the transfer, they could do so by applying at the human resources office. Sam, a production supervisor, first went to Florence, a purchasing manager who had already volunteered to transfer, to discuss the possibility of becoming her inventory control supervisor at the new facility. Florence told Sam that Ruth, the current inventory control supervisor, would not be transferring and that she would consider his request.
-When Sam went to the human resources office and applied to transfer to the new facility, he was participating in which type of organizational communication?

Determine the cost of ending work in process inventory and the cost of units transferred out using the weighted-average method.

Compute the costs per equivalent unit for materials and conversion costs.

Appreciate the importance of cost accounting in pricing, cost control, and decision making within a manufacturing environment.

Understand the definition and application of the FIFO method in process costing.

Definitions:

Work Setting

Refers to the physical and social environment in which individuals perform their job tasks.

Social Cognitive

A theoretical perspective focusing on learning through observation and the interaction of cognitive, behavioral, and environmental influences.

Classically Conditioned

A learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus.

Conscious Control

The deliberate use of one's awareness to guide, manage, or direct one's thoughts or actions.