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Cost Accounting (Word Scramble)

Author:
Harold Averkamp, CPA, MBA

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1. In variable or ________ costing, fixed manufacturing overhead costs are not assigned to inventory.

DIRECT CRDTEI
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DIRECT DTECIR
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2. The _____________ margin is sales minus variable costs.

CONTRIBUTION NRTIOOBCUTNI
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CONTRIBUTION BTNOTIROIUNC
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3. Activity-based costing uses more than one cost ____________.

DRIVER IRERVD
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DRIVER VRDEIR
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4. Factory supervision is part of manufacturing _____________.

OVERHEAD HOERDVEA
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OVERHEAD AHREODVE
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5. Service ______________ are associated with the allocation of manufacturing overhead.

DEPARTMENTS ESRDMNAPETT
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DEPARTMENTS RTNTMPSEEDA
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6. A benefit foregone is an _______________ cost.

OPPORTUNITY RIPOUNTYTPO
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OPPORTUNITY OIPTPROYTNU
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7. Full __________ costing involves assigning both fixed and variable manufacturing overhead.

ABSORPTION NABPROITOS
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ABSORPTION NASBTRIOPO
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8. ____________ costs are predetermined unit costs.

STANDARD DSNDRATA
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STANDARD AARNTDSD
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9. Differences between standard costs and actual costs.

VARIANCES CRNSEIAAV
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VARIANCES AISNCEAVR
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10. Direct materials, direct labor, and factory overhead are ____________ costs.

PRODUCT DTOPCUR
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PRODUCT ORDUPCT
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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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