Kesterson Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.20 Direct labor

Response:

Sept. 1

Merchandise $8,000 (debit)

Accounts Payable $8,000 (credit)

Merchandise acquired on credit

Sept. 3

Accounts Payable $1,000 (debit)

Merchandise $1,000 (credit)

Returned Merchandise to Vendors

Sept. 7

Merchandise $1,500 (debit)

Accounts Payable $1,500 (credit)

Merchandise obtained on credit

Sept. 14

Accounts Payable $1,500 (debit)

Cash $1,470 (credit)

Discount obtained $30 (credit)

Settling amounts owed and acknowledging cash discount

Sept. 20

Accounts Payable $7,000 (debit)

Cash (credit)

Settlements for amounts owed

Clarification:

Journal entries along with their descriptions are outlined above.

Response:

b. variable interval

Explanation:

Reinforcement schedules based on elapsed duration are termed interval schedules, which can be either fixed-interval or variable-interval.

Variable-interval schedules offer reinforcement following random time frames. These time intervals are inconsistent but generally center around an average duration. As a result, reinforcement occurs irregularly within the specified timeframe.

Answer:

$404,000

Explanation:

Production Unit totals $135,000 plus $18,000 minus $14,000, resulting in $139,000.

The labor time for each unit is 30 minutes, equivalent to 0.5 hours.

The total labor hours equate to $139,000 multiplied by 0.5, giving 69,500 hours.

The variable overhead amounts to 69,500 hours multiplied by 5, resulting in $347,500.

Summing up the total overhead costs yields $347,500 plus $56,500, leading to a total of $404,000.

Answer:

Paul made an error by placing marketing materials on the seats. He should have crafted a strategy to distribute these items at the registration area where participants would sign in, allowing them to collect the materials appropriately. By putting them on the seats, some attendees could end up taking multiple items, particularly the valuable pen valued at $3 each.

Explanation:

Producing marketing materials incurs costs for the organization. It is important to avoid wastage. Furthermore, capturing participant information such as names and contact details is crucial for future marketing initiatives. Allowing free access to costly marketing materials without developing a potential customer database is not a smart decision.