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Chapter 2 Crossword

Across
The amount of cash or dash equivalent sacrificed for goods and/or services that are expected to bring a current or future benefit to the company
Total product cost of goods sold during the period
The cost of the partially completed goods that are still being worked on at the end of a time period
Costs: costs associated with research, development, and selling and general administrative costs. (SGE)
Costs can easily and accurately traced to a cost object
Costs cannot be easily and accurately traced to a cost object
Costs that are used up (expired) in the production of revenue
Costs, that in total, are constant within the relevant range as the level of output increases or decreases
Tasks or activities performed for a customer or an activity performed by a customer using a company's products or facilities.
Costs: the way costs are linked to a cost object.
Down
Total product cost of goods completed during the current period
Costs: how costs are measured and recorded.
Cost is the benefit given up or sacrificed when one alternative is chosen over another.
Costs: the sum of direct labor and overhead costs
Any item such as products, customers, departments, projects, etc. for which costs are assigned
When indirect costs are assigned to a cost object using a reasonable and convenient method.
Manufacturing ____________ is all product costs other than direct materials and direct labor and cannot be traced to the cost object
Costs are costs expensed in the period incurred
Costs that in total, change in direct proportion to changes in output within a relevant range
Cost is the sume of direct materials cost and direct labor cost.
The ratio of net operating income to sales
Goods produced by converting raw materials through the use of labor and indirect manufacturing resources
Costs are those costs necessary to market, distribute, and service a product or service