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Cost Accounting (Word Scramble)

Author:
Harold Averkamp, CPA, MBA

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1. In variable or ________ costing, fixed manufacturing overhead costs are not assigned to inventory.

DIRECT CERTID
DIRECT RTDEIC

2. The _____________ margin is sales minus variable costs.

CONTRIBUTION NIRITUOCNOTB
CONTRIBUTION CTBRINNOOUIT

3. Activity-based costing uses more than one cost ____________.

DRIVER IRRVED
DRIVER DIRRVE

4. Factory supervision is part of manufacturing _____________.

OVERHEAD DOREVAEH
OVERHEAD OHAEEDVR

5. Service ______________ are associated with the allocation of manufacturing overhead.

DEPARTMENTS PATNDETESRM
DEPARTMENTS NDASMTPRETE

6. A benefit foregone is an _______________ cost.

OPPORTUNITY RUTIYTNOOPP
OPPORTUNITY NOPITOPTURY

7. Full __________ costing involves assigning both fixed and variable manufacturing overhead.

ABSORPTION TBOANRISPO
ABSORPTION RIBPAOTNOS

8. ____________ costs are predetermined unit costs.

STANDARD DAASNRDT
STANDARD AADDNSTR

9. Differences between standard costs and actual costs.

VARIANCES CAEVRSAIN
VARIANCES IANAVERCS

10. Direct materials, direct labor, and factory overhead are ____________ costs.

PRODUCT PTUORCD
PRODUCT UTDRCOP
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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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