BEC Decision Making Review 2

Card Set Information

Author:
Joens1313
ID:
300473
Filename:
BEC Decision Making Review 2
Updated:
2015-04-11 13:24:11
Tags:
BEC Decision Making Review
Folders:

Description:
BEC Decision Making Review 2
Show Answers:

Home > Flashcards > Print Preview

The flashcards below were created by user Joens1313 on FreezingBlue Flashcards. What would you like to do?


  1. What are fixed cost?
    fixed costs are those cost that tend to remain constant in total within a given period of time and over a wide range of activity.
  2. ----------------- are those cost that tend to remain constant in total within a given period of time and over a wide range of activity.
    fixed costs are those cost that tend to remain constant in total within a given period of time and over a wide range of activity.
  3. what are Committed costs?
    committed costs are fixed costs that arise from having property, plant and equipment and a functioning organization.  These cost remain even when production volume is zero.
  4. ---------------------- are fixed costs that arise from having property, plant and equipment and a functioning organization.  These cost remain even when production volume is zero.
    committed costs are fixed costs that arise from having property, plant and equipment and a functioning organization.  These cost remain even when production volume is zero.
  5. What are discretionary costs?
    Discretionary costs are costs that represent annual budget appropriations, for example, advertising costs and R&D.
  6. --------------------------------- are costs that represent annual budget appropriations, for example, advertising costs and R&D.
    Discretionary costs are costs that represent annual budget appropriations, for example, advertising costs and R&D.
  7. What are variable costs?
    variable costs are those costs that tend to remain constant per unit but that very in total in direct proportion to changes in the level of activity.
  8. ----------------------- are those costs that tend to remain constant per unit but that very in total in direct proportion to changes in the level of activity.
    variable costs are those costs that tend to remain constant per unit but that very in total in direct proportion to changes in the level of activity.
  9. What are mixed costs?
    are comprised of both variable and fixed costs elements.
  10. What are step variable costs?
    Costs that are relatively fixed over a small range of output, but are variable over a large range of output.
  11. what is the cost of goods manufacturd schedule?
    cost of goods manufactured represents the cost of the products completed during the period and transferred to finished goods inventory.
  12. ---------------------------------- represents the cost of the products completed during the period and transferred to finished goods inventory.
    cost of goods manufactured represents the cost of the products completed during the period and transferred to finished goods inventory.

What would you like to do?

Home > Flashcards > Print Preview