Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.What are managements primary responsibilities?[…]
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Cost Objects:,”-anything for which managers want to separate measurement of cost-individual units, different models
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Cost Objects:,”-anything for which managers[…]
Read moreCost Drivers:
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Cost Drivers: -whatever is making[…]
Read moreCosts: Prime vs. Conversion
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Costs: Prime vs. Conversion -Prime:[…]
Read moreCosts: Direct vs. Indirect,”-Direct: assigned to the cost object, can be traced to a cost object (direct material or direct labor)-Indirect: relates to object but not directly
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Costs: Direct vs. Indirect,”-Direct: assigned[…]
Read moreCosts: Fixed vs. Variable,”-Fixed: costs that stay consistent over a wide range of activity (rent)(every unit gets cheaper, so if you add people to your lease your rent cost goes down because its being split by one more person)-Variable: change in total in direct proportion
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Costs: Fixed vs. Variable,”-Fixed: costs[…]
Read moreCosts: Inventorial vs. Period,”-Inventorial: costs incurred in the production or purchase stage of the value chain, expensed on income statement as products are sold (direct material + direct labor + manufacturing overhead)-Period: anything not related to the factory or job, expensed on the income statement as costs are incurred (R&D, selling expenses
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Costs: Inventorial vs. Period,”-Inventorial: costs[…]
Read moreTotal Cost:
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Total Cost: -The sum of[…]
Read moreAverage (unit) Cost:
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Average (unit) Cost: -The cost[…]
Read moreDirect Materials:
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Direct Materials: -materials used to[…]
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