Solved

Match the Following Definitions with the Appropriate Terms

Question 140

Matching

Match the following definitions with the appropriate terms

Premises:
The production and nonproduction costs related to a given unit.
Management sets sales price equal to the product’s total costs plus a desired markup on the product.
A desired profit amount.
Amounts a company would continue to incur even if the segment in question is eliminated.
Worker morale, company image, and reputation.
Amounts a company would not incur if the segment in question is eliminated.
The combination of products sold by a company
Responses:
Sales mix
Avoidable costs
Qualitative decision factors
Total cost method
Total cost per unit
Unavoidable expenses
Markup

Correct Answer:

The production and nonproduction costs related to a given unit.
Management sets sales price equal to the product’s total costs plus a desired markup on the product.
A desired profit amount.
Amounts a company would continue to incur even if the segment in question is eliminated.
Worker morale, company image, and reputation.
Amounts a company would not incur if the segment in question is eliminated.
The combination of products sold by a company
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