A. material control

B. wages control

C. overhead allocation

D. pricing decisions

A. a production department where all production costs are aggregated

B. an area of business accountable for both costs and revenues

C. the part of the business where all costs are paid to suppliers

D. an area for which costs are accumulated

A. costs and profits

B. cost profits and product quality

C. costs profits and assets

D. costs

A. ensure that costs become the responsibility of a specific manager

B. reduce the costs that a department incurs

C. allocate costs to all areas of a business

D. ensure that a manager is punished if things go wrong

A. the total costs of manufacturing a product

B. the total direct costs of manufacturing a product

C. the cost of the first stage of manufacturing

D. the total cost of production

A. remains constant irrespective of the level of activity

B. represents a fixed proportion of total costs

C. increases proportionately with output

D. has a direct relationship with output

A. chemical manufacturer

B. a food retailer

C. a building contractor

D. a motor components retailer

A. all labor costs attributable to product

B. direct labor costs plus any bonuses

C. total direct labor hours at the normal hourly rate of pay

D. direct labor costs plus any bonuses and overtime premium

A. the internal accounting needs of the organization

B. the needs of laws that govern company financial reporting.

C. the regulatory requirements of the organization

D. the external accounting needs of the organisation.

A. time

B. function

C. performance

D. type