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Chapter 4 Vocabulary

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Across
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A cost that varies with the number of products produced
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The study of how costs and profits change in response to changes in the volume of goods and services provided to consumers
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All costs other than direct materials and direct labor that are incurred in the manufacturing of products
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The cost of production employees who do not physically manufacture the product
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An additional cost associated with an alternative
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A past cost that is not relevant in short-term decisions
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A cost incurred to maintain the company's capacity to operate
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A benefit forgone when choosing one alternative over another
Down
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A cost that varies with the number of product lines
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The contribution margin per unit divided by the selling price per unit
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Total sales less total variable cost at a given point of activity
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A cost that varies with the number of batches
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A cost related to selling the products and services or administering the company
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The cost of materials that are traceable to the product and that are costly enough to warrant tracing them
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The relative proportions of units of products sold in a multiple-product company