Cost Classification

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Across
  1. 2. - Is an expense that is constant when sales volume increase or decrease.
  2. 5. - Business expenses that cannot be directly attributed to a specific activity.
  3. 6. - An inventory system that continuously estimates your inventory based on records.
  4. 8. - Recognizing and recording as they occur.
  5. 10. - An asset that is intended to be sold in the ordinary course of business.
  6. 13. - The father of cost accounting
  7. 15. - Materials that become part of a certain manufactured product and can be readily traced or identified with that product.
  8. 16. - Monetary value of expenditures
  9. 19. - Costs that depends on the number of units produced
  10. 20. - An inventory system in which physical count of inventories is a must.
  11. 21. - Allocation of costs to the activities or objects that triggered the incurrence of the costs.
Down
  1. 1. - A document which shows the inflow and outflow of goods in a business.
  2. 3. - Labor costs involved in the hands-on production of goods, and are directly traceable to the finished product.
  3. 4. - An inventory system that continuously estimates your inventory based on records.
  4. 7. - The process of recording financial transactions relating to a business.
  5. 9. - The variable cost per unit produced
  6. 11. - Process of collecting cost information and maintaining a database of the expenses incurred by a business in the course of its operation.
  7. 12. Inventory which refers to materials that are waiting to be assembled and sold.
  8. 14. tense)
  9. 17. - Period that is less than 1 year.
  10. 18. goods - Goods that have completed the manufacturing process but not yet sold.