暗記メーカー

MANACC: ABSORPTION AND VARIABLE COSTING

MANACC: ABSORPTION AND VARIABLE COSTING

7問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

問題一覧

1

treats all costs of production as product costs, regardless of whether they are variable or fixed. - the cost of a unit of product consists of direct materials, direct labor, and both variable and fixed overhead. - Variable and fixed selling and administrative expenses are treated as period costs and are deducted from revenue as incurred.

Absorption Costing (also called full costing)

2

treats only those costs of production which vary with output as product costs. - this method is called __________ because it only includes “variable” manufacturing costs in determining the total cost of a product. - the cost of a unit of product consists of direct materials, direct labor, and variable overhead. - fixed manufacturing overhead, and both variable and fixed selling and administrative expenses are treated as period costs and deducted from revenue as incurred.

Variable costing (also called direct costing)

3

costs are already stated at its total amount or if not, its cost per unit should also be multiplied to the number of unit sold.

Variable selling and administrative costs

4

________ is also the fixed factory overhead.

Fixed production cost

5

________ or simply its total amount incurred during the period.

Fixed production cost = Fixed FOH/unit x No. of units produced

6

is an inventoriable cost that is subject to allocation between sold and unsold units. This is called "__________" cost because all of these costs are charged first to all products produced. It means that at the time when the units are produced, these costs are properly classified as assets (as inventory) but when the products are already sold, these costs should be expensed (as cost of goods sold). Therefore, any unsold products are still considered as assets.

Product Cost

7

is a cost charged as expense against income, regardless of the number of units sold. This is called "_______" cost because all of these costs are already expensed in the period when they are incurred. No allocation is necessary so current income is reduced by the full amount of the period cost.

Period cost

Accounting: Cost Concepts and Cost Behavior Analysis

Accounting: Cost Concepts and Cost Behavior Analysis

JORNALA, David Christian - HRDM 1-2 B. Jornala · 19問 · 2年前

Accounting: Cost Concepts and Cost Behavior Analysis

Accounting: Cost Concepts and Cost Behavior Analysis

19問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

Accounting: COST ACCOUNTING CYCLE

Accounting: COST ACCOUNTING CYCLE

JORNALA, David Christian - HRDM 1-2 B. Jornala · 21問 · 2年前

Accounting: COST ACCOUNTING CYCLE

Accounting: COST ACCOUNTING CYCLE

21問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

Cost-Volume- Profit and Break-Even Analysis

Cost-Volume- Profit and Break-Even Analysis

JORNALA, David Christian - HRDM 1-2 B. Jornala · 7問 · 2年前

Cost-Volume- Profit and Break-Even Analysis

Cost-Volume- Profit and Break-Even Analysis

7問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

AOM (group 1)

AOM (group 1)

JORNALA, David Christian - HRDM 1-2 B. Jornala · 29問 · 2年前

AOM (group 1)

AOM (group 1)

29問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

AOM (Introduction)

AOM (Introduction)

JORNALA, David Christian - HRDM 1-2 B. Jornala · 8問 · 2年前

AOM (Introduction)

AOM (Introduction)

8問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

Microeconomics: Demand and Supply

Microeconomics: Demand and Supply

JORNALA, David Christian - HRDM 1-2 B. Jornala · 15問 · 2年前

Microeconomics: Demand and Supply

Microeconomics: Demand and Supply

15問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

LOGISTICS

LOGISTICS

JORNALA, David Christian - HRDM 1-2 B. Jornala · 47問 · 2年前

LOGISTICS

LOGISTICS

47問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

AOM (Group 2)

AOM (Group 2)

JORNALA, David Christian - HRDM 1-2 B. Jornala · 29問 · 2年前

AOM (Group 2)

AOM (Group 2)

29問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

CHAPTER 3LOGISTICS: STRATEGIC DECISION AND ISSUES

CHAPTER 3LOGISTICS: STRATEGIC DECISION AND ISSUES

JORNALA, David Christian - HRDM 1-2 B. Jornala · 26問 · 2年前

CHAPTER 3LOGISTICS: STRATEGIC DECISION AND ISSUES

CHAPTER 3LOGISTICS: STRATEGIC DECISION AND ISSUES

26問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

CHAP 1: OPMAN TQM

CHAP 1: OPMAN TQM

JORNALA, David Christian - HRDM 1-2 B. Jornala · 35問 · 2年前

CHAP 1: OPMAN TQM

CHAP 1: OPMAN TQM

35問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

Environmental Science: BIOGEO CYCLES

Environmental Science: BIOGEO CYCLES

JORNALA, David Christian - HRDM 1-2 B. Jornala · 53問 · 2年前

Environmental Science: BIOGEO CYCLES

Environmental Science: BIOGEO CYCLES

53問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

MICROECONOMICS RANDOM SHITS

MICROECONOMICS RANDOM SHITS

JORNALA, David Christian - HRDM 1-2 B. Jornala · 9問 · 2年前

MICROECONOMICS RANDOM SHITS

MICROECONOMICS RANDOM SHITS

9問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

AOM: (group 4)

AOM: (group 4)

JORNALA, David Christian - HRDM 1-2 B. Jornala · 34問 · 2年前

AOM: (group 4)

AOM: (group 4)

34問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

AOM (Group 2)

AOM (Group 2)

JORNALA, David Christian - HRDM 1-2 B. Jornala · 29問 · 2年前

AOM (Group 2)

AOM (Group 2)

29問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

MANACC: FINANCIAL STATEMENT ANALYSIS

MANACC: FINANCIAL STATEMENT ANALYSIS

JORNALA, David Christian - HRDM 1-2 B. Jornala · 20問 · 2年前

MANACC: FINANCIAL STATEMENT ANALYSIS

MANACC: FINANCIAL STATEMENT ANALYSIS

20問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

MANACC: BUDGETING

MANACC: BUDGETING

JORNALA, David Christian - HRDM 1-2 B. Jornala · 21問 · 2年前

MANACC: BUDGETING

MANACC: BUDGETING

21問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

MANACC: TRANSFER PRICING

MANACC: TRANSFER PRICING

JORNALA, David Christian - HRDM 1-2 B. Jornala · 7問 · 2年前

MANACC: TRANSFER PRICING

MANACC: TRANSFER PRICING

7問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

EnviScie: Biomes

EnviScie: Biomes

JORNALA, David Christian - HRDM 1-2 B. Jornala · 18問 · 2年前

EnviScie: Biomes

EnviScie: Biomes

18問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

Enviscie: Epidemiology

Enviscie: Epidemiology

JORNALA, David Christian - HRDM 1-2 B. Jornala · 10問 · 2年前

Enviscie: Epidemiology

Enviscie: Epidemiology

10問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

Enviscie: RADIATION AND CHEMICAL MUTAGENS

Enviscie: RADIATION AND CHEMICAL MUTAGENS

JORNALA, David Christian - HRDM 1-2 B. Jornala · 7問 · 2年前

Enviscie: RADIATION AND CHEMICAL MUTAGENS

Enviscie: RADIATION AND CHEMICAL MUTAGENS

7問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

Enviscie: Man and the environment

Enviscie: Man and the environment

JORNALA, David Christian - HRDM 1-2 B. Jornala · 5問 · 2年前

Enviscie: Man and the environment

Enviscie: Man and the environment

5問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

Enviscie: Disaster risk and Resilience

Enviscie: Disaster risk and Resilience

JORNALA, David Christian - HRDM 1-2 B. Jornala · 46問 · 2年前

Enviscie: Disaster risk and Resilience

Enviscie: Disaster risk and Resilience

46問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

LOGMAN: PACKAGING AND LABELING

LOGMAN: PACKAGING AND LABELING

JORNALA, David Christian - HRDM 1-2 B. Jornala · 18問 · 2年前

LOGMAN: PACKAGING AND LABELING

LOGMAN: PACKAGING AND LABELING

18問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

LOGMAN: Material Handling

LOGMAN: Material Handling

JORNALA, David Christian - HRDM 1-2 B. Jornala · 15問 · 2年前

LOGMAN: Material Handling

LOGMAN: Material Handling

15問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

Microeconomics: Cost and Profits

Microeconomics: Cost and Profits

JORNALA, David Christian - HRDM 1-2 B. Jornala · 20問 · 2年前

Microeconomics: Cost and Profits

Microeconomics: Cost and Profits

20問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

Microeconomics: The consumer behavior

Microeconomics: The consumer behavior

JORNALA, David Christian - HRDM 1-2 B. Jornala · 23問 · 2年前

Microeconomics: The consumer behavior

Microeconomics: The consumer behavior

23問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

Microeconomics: Marginal Revenue and profit maximization and loss minimization

Microeconomics: Marginal Revenue and profit maximization and loss minimization

JORNALA, David Christian - HRDM 1-2 B. Jornala · 7問 · 2年前

Microeconomics: Marginal Revenue and profit maximization and loss minimization

Microeconomics: Marginal Revenue and profit maximization and loss minimization

7問 • 2年前

JORNALA, David Christian - HRDM 1-2 B. Jornala

問題一覧

1

treats all costs of production as product costs, regardless of whether they are variable or fixed. - the cost of a unit of product consists of direct materials, direct labor, and both variable and fixed overhead. - Variable and fixed selling and administrative expenses are treated as period costs and are deducted from revenue as incurred.

Absorption Costing (also called full costing)

2

treats only those costs of production which vary with output as product costs. - this method is called __________ because it only includes “variable” manufacturing costs in determining the total cost of a product. - the cost of a unit of product consists of direct materials, direct labor, and variable overhead. - fixed manufacturing overhead, and both variable and fixed selling and administrative expenses are treated as period costs and deducted from revenue as incurred.

Variable costing (also called direct costing)

3

costs are already stated at its total amount or if not, its cost per unit should also be multiplied to the number of unit sold.

Variable selling and administrative costs

4

________ is also the fixed factory overhead.

Fixed production cost

5

________ or simply its total amount incurred during the period.

Fixed production cost = Fixed FOH/unit x No. of units produced

6

is an inventoriable cost that is subject to allocation between sold and unsold units. This is called "__________" cost because all of these costs are charged first to all products produced. It means that at the time when the units are produced, these costs are properly classified as assets (as inventory) but when the products are already sold, these costs should be expensed (as cost of goods sold). Therefore, any unsold products are still considered as assets.

Product Cost

7

is a cost charged as expense against income, regardless of the number of units sold. This is called "_______" cost because all of these costs are already expensed in the period when they are incurred. No allocation is necessary so current income is reduced by the full amount of the period cost.

Period cost