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Match the Following

Question 202

Matching

Match the following.

Premises:
Cost a manager can determine or greatly affect the amount.
An income statement format that focuses on cost behavior.
Direct labor, direct materials, and manufacturing overhead.
Fixed costs divided by contribution margin per unit.
A costing method that includes all manufacturing costs.
Sales less variable production costs.
Sales less variable expenses.
A costing method that includes only variable manufacturing costs.
Costs that are expensed in the period they are incurred.
Sales less cost of goods sold.
Responses:
Product costs
Break-even in units
Manufacturing margin
Period costs
Absorption costing
Contribution margin
Controllable costs
Contribution format
Variable costing
Gross margin

Correct Answer:

Cost a manager can determine or greatly affect the amount.
An income statement format that focuses on cost behavior.
Direct labor, direct materials, and manufacturing overhead.
Fixed costs divided by contribution margin per unit.
A costing method that includes all manufacturing costs.
Sales less variable production costs.
Sales less variable expenses.
A costing method that includes only variable manufacturing costs.
Costs that are expensed in the period they are incurred.
Sales less cost of goods sold.
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