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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 CERDIT
DIRECT TIDERC

2. The _____________ margin is sales minus variable costs.

CONTRIBUTION CNNOOTRIIBTU
CONTRIBUTION ROONITUNITBC

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

DRIVER RIVEDR
DRIVER EVRDRI

4. Factory supervision is part of manufacturing _____________.

OVERHEAD ROAEVDHE
OVERHEAD VDHEROEA

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

DEPARTMENTS EMEDTSTRNAP
DEPARTMENTS PMRSTDNEETA

6. A benefit foregone is an _______________ cost.

OPPORTUNITY POTUPRONYTI
OPPORTUNITY TPRNOOPUYTI

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

ABSORPTION SRPBOTOAIN
ABSORPTION ONAIPRTSOB

8. ____________ costs are predetermined unit costs.

STANDARD ADADTSNR
STANDARD SRDTAADN

9. Differences between standard costs and actual costs.

VARIANCES NSAVEACIR
VARIANCES AREASCINV

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

PRODUCT DUPTORC
PRODUCT RUCOTPD
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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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