DR. KFC chapter 1 terms

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Across
  1. 3. a type of cost that cannot be reasonably and economically traced to a produc
  2. 4. anything for wich cost data is desired
  3. 7. a type of fixed cost that cannot be changed in the short term
  4. 9. _______ Margin= Sales- COGS
  5. 10. a type of cost that can be reasonably and economically traced to a product
  6. 12. Beginning inventory + purchases- ending inventory
  7. 13. costs that are expensed in the time period in which they are incurred
  8. 14. ______labor also known as "touch labor"
  9. 15. costs that have already been incurred and cannot be changed
  10. 17. a potential benefit given up when one alternative is selected over another
  11. 19. a cost difference between alternatives
Down
  1. 1. costs that are constant on a per unit basis but vary in total
  2. 2. sacrifice made to achieve a particular purpose
  3. 5. the sum of DL and MOH
  4. 6. a type of cost that includes DM, DL and MOH
  5. 8. a type of cost that can be changed in the short term
  6. 11. costs that are constant in total but vary on a per unit basis
  7. 16. the sum of DL and DM
  8. 18. __________Margin=Sales - variable costs