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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 ETRIDC
DIRECT DRCETI

2. The _____________ margin is sales minus variable costs.

CONTRIBUTION TOBONIUTIRCN
CONTRIBUTION OICTNNROUTBI

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

DRIVER EVIRDR
DRIVER VDRERI

4. Factory supervision is part of manufacturing _____________.

OVERHEAD AEDRVEHO
OVERHEAD VHEORDEA

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

DEPARTMENTS TEMDNSREPAT
DEPARTMENTS MESTPTADENR

6. A benefit foregone is an _______________ cost.

OPPORTUNITY IPTYOPTUONR
OPPORTUNITY YTNOIOUTPRP

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

ABSORPTION POINOTBARS
ABSORPTION SNBIOPARTO

8. ____________ costs are predetermined unit costs.

STANDARD TANADRDS
STANDARD RASTDNDA

9. Differences between standard costs and actual costs.

VARIANCES AASVCNIRE
VARIANCES ERCAAISVN

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

PRODUCT PCDROUT
PRODUCT UPORDTC

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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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