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Dad is watching a home improvement show about how to install a new sink. He really wants to do it and watches the show intently. He knows that his wife will reward him when he is done. However, when he tests the new sink, water spurts everywhere. Taking the new sink apart, he finds that he has left out the crucial washers in the faucet assembly even though this was emphasized in the TV show. What part of Bandura's theory of the necessary components of observational learning is most likely the reason for this disaster?
Equivalent Units
The product of the number of partially completed units and their percentage of completion with respect to a particular cost. Equivalent units are the number of complete whole units that could be obtained from the materials and effort contained in partially completed units.
Beginning Work in Process Inventory
The value of partially finished goods that are in production at the start of an accounting period.
Ending Work in Process Inventory
The value of goods in various stages of production but not yet completed at the end of an accounting period.
Cost Reconciliation Report
A report that outlines the differences or reconciliations between the cost of goods manufactured and the cost of goods sold.
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