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Across
3. The cost of converng 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 andcommunicang informaon about the company’s acvies.12. Cost accounng helps them to understand the costs of running abusiness.15.The product cosng and service cosng informaon provided byCost Accounng is incorporated in?16.When Balance End is greater than Balance Beginning, the inventorywill…18.The measurable value of an opportunity bypassed by rejecng analternave use of resources.19.Responsible in handling the inow and oulow of cash in aninstuon.20.Keep records of the costs of producon and distribuon of thecompany's products or services.
Down
1.This informaon is essenal 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 dier between 2 or more alternaves.6.This posion makes the decisions.8. Producon costs incurred in the plant or factory that cannot be classied as direct materials nor direct labor.11. Costs that cannot be avoided but the incurrence of which isdeferred at a future date.13.The collecon of cost data in an organized way by means of anaccounng 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 aect the construcon orthe composion 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
17
T U N I T Y DM IA RT EE CR TIA LL AS BORC O S TC
19
T UMUL
20
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 converng direct materials into nished product1. This informaon is essenal 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 andcommunicang informaon about the company’s acvies.12. Cost accounng helps them to understand the costs of running abusiness.15.The product cosng and service cosng informaon provided byCost Accounng is incorporated in?16.When Balance End is greater than Balance Beginning, the inventorywill…18.The measurable value of an opportunity bypassed by rejecng analternave use of resources.19.Responsible in handling the inow and oulow of cash in aninstuon.20.Keep records of the costs of producon and distribuon of thecompany's products or services.5.Expected future costs that will dier between 2 or more alternaves.6.This posion makes the decisions.8. Producon costs incurred in the plant or factory that cannot be classied as direct materials nor direct labor.11. Costs that cannot be avoided but the incurrence of which isdeferred at a future date.13.The collecon of cost data in an organized way by means of anaccounng 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 aect the construcon orthe composion of the nished product.
4
COPEDU
5
R
6
L
7
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
9
W E D G
11
W O OSD ANE O
10
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
13
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
16
I N C R E A S E BI C L