Chapter 1: Exercise 1-2 Group 1 - Cluster 4: Across Down

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Across
3. The cost of converng direct materials into nished product7. This refers to anything which is being costed like a product or department.9.He is known as the world's rst cost accountant.10.The department responsible for gathering, compiling andcommunicang informaon about the company’s acvies.12. Cost accounng helps them to understand the costs of running abusiness.15.The product cosng and service cosng informaon provided byCost Accounng is incorporated in?16.When Balance End is greater than Balance Beginning, the inventorywill…18.The measurable value of an opportunity bypassed by rejecng analternave use of resources.19.Responsible in handling the inow and oulow of cash in aninstuon.20.Keep records of the costs of producon and distribuon of thecompany's products or services.
Down
1.This informaon is essenal in determining appropriate prices.2.Expired costs are also called?4.It is what direct cost assigning is called.5.Expected future costs that will dier between 2 or more alternaves.6.This posion makes the decisions.8. Producon costs incurred in the plant or factory that cannot be classied as direct materials nor direct labor.11. Costs that cannot be avoided but the incurrence of which isdeferred at a future date.13.The collecon of cost data in an organized way by means of anaccounng system.14.Materials that form an integral part of the nished product whosecosts can be conveniently traced into it.17. Expended labor which does not directly aect the construcon orthe composion of the nished product.
Chapter 1: Exercise 1-2Group 1 - Cluster 4
 
Answer Sheet
1
P
2
E
3
C XO N V E RS OI O N C O S T
8121415
F
18
O P P O REC
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T U N I T DM IA RT EE CR TIA LL AS BORC O S TC
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T UMUL
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CATIONR E A S U R E RCOO S T A C C O U N T A N TTAcross Down
3. The cost of converng direct materials into nished product1. This informaon is essenal in determining appropriate prices.7. This refers to anything which is being costed like a product or department.2. Expired costs are also called?9.He is known as the world's rst cost accountant.4. It is what direct cost assigning is called.10.The department responsible for gathering, compiling andcommunicang informaon about the company’s acvies.12. Cost accounng helps them to understand the costs of running abusiness.15.The product cosng and service cosng informaon provided byCost Accounng is incorporated in?16.When Balance End is greater than Balance Beginning, the inventorywill…18.The measurable value of an opportunity bypassed by rejecng analternave use of resources.19.Responsible in handling the inow and oulow of cash in aninstuon.20.Keep records of the costs of producon and distribuon of thecompany's products or services.5.Expected future costs that will dier between 2 or more alternaves.6.This posion makes the decisions.8. Producon costs incurred in the plant or factory that cannot be classied as direct materials nor direct labor.11. Costs that cannot be avoided but the incurrence of which isdeferred at a future date.13.The collecon of cost data in an organized way by means of anaccounng system.14.Materials that form an integral part of the nished product whosecosts can be conveniently traced into it.17. Expended labor which does not directly aect the construcon orthe composion of the nished product.
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COPEDU
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R
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L
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C O S T I N G O B J E C T EO I T S T LV N E EE E T S C VRH PRA
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W E D G
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W O OSD ANE O
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C O S T D E P A R T M E N TM A N A G E R S I O ID I N S N CT G
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C T G OI O P SD O S O TI N A N C I A L S T A T E M E N T S SR A
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I N C R E A S E BI C L

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