_________ are cost which cannot be influenced by the action of a specified member of an undertaking Posted on:
A _____ cost is a predetermined calculation of how much costs should be under specific working conditions Posted on:
________ is a location, person or item of equipment (or group of these) for which costs may be ascertained and used for the purpose of cost control. Posted on:
_______ costs centers are those which are engaged sometimes on productive and other times on service works. Posted on:
________ cost center is one which consists of a department, a plant or an item of equipment Posted on:
___________ are expenses which are specifically incurred and can be directly and wholly allocated to a particular product, job or service Posted on:
_______ variable costs are those variable costs which are directly related to the production or sales level Posted on:
_________ variable costs are those variable costs which are directly related to the production or sales level Posted on:
________ fixed costs are those which are set at fixed amount for specific time periods by the management in budgeting process Posted on: