Managers of a company carry out four main activities: Strategy, planning, implementation and this activity

This type of cost includes: Direct materials, direct labour and manufacturing overhead costs

This form of costing can assign both manufacturing and non manufacturing costs to products

The total of this type of cost varies with activity level, aka pop

This method is used to determine the fixed and variable portions of a mixed cost

The preparation of managerial accounting documents are mainly for these people

This type of cost includes direct labour and manufacturing overhead

This is the sum of costs in each activity

The total of this type of cost does not vary with activity level, aka pizza

This is the price charged between divisions of the same company

Organizations must find new ways to conduct business to stay competitive due to this important factor

This type of cost includes selling and administrative costs

This is used in measuring an activity in ABC, for example, the number of labour hours performed

This type of cost changes per unit, based upon activity level, aka pizza

This is the difference between the sales price per unit minus the variable expense per unit

Managerial accounting reports do not need to follow this legally required system of financial accounting

These costs have already been incurred and cannot be changed now or in the future

This type of ABC activity may include sales calls, catalogue mailings and general technical support that isn't tied to a specific product

This type of cost stays constant on a per unit basis no matter, aka pop

This is the level of sales when profit is $0

This type of business model focuses on the elimination of waste in a company

This cost is equal to: Total investment units divided by total equivalent units

DAILY DOUBLE

This is the range of activity in which the assumptions of fixed and variable costs are valid

The Sales of a company minus the Break-even point is used to calculate this