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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 ECTRDI
DIRECT TDCIER

2. The _____________ margin is sales minus variable costs.

CONTRIBUTION OOTBCNTIIRUN
CONTRIBUTION OIUNNOBRCTTI

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

DRIVER VERDRI
DRIVER EVIDRR

4. Factory supervision is part of manufacturing _____________.

OVERHEAD OAVDREHE
OVERHEAD VOEDAEHR

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

DEPARTMENTS NMATSRPDETE
DEPARTMENTS TTDSMEENRAP

6. A benefit foregone is an _______________ cost.

OPPORTUNITY PIONTUPYORT
OPPORTUNITY OPIPTORTYUN

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

ABSORPTION ONRAPSTOIB
ABSORPTION ATRNPOOISB

8. ____________ costs are predetermined unit costs.

STANDARD DDSTAARN
STANDARD NSRADDTA

9. Differences between standard costs and actual costs.

VARIANCES IECASVARN
VARIANCES NACEAVSRI

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

PRODUCT OCTRDUP
PRODUCT CROTPUD
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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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