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Identify the following

1. It plays an important role in pricing.

2. The costing principle to be applied is the compulation of all cost go into.

3. It is the amount changed product or service.

4. ____ are not taken into consideration to future cost.

5. It includes all the variable costs, as well as a proportion of all fixed costs.

6. Direct material, ____ are overhead are the element added together to find the cost.

7. Keeping on accounts for cost also based on ____.

8. ____ are changed in costing.

9. Cost is always related to its ____.

10. Normal lost or ____ is to be borne by that until only where loss has incurred.

Choices:
Cause
Price
Cost
Wastage
Past cost
Abnormal cost
Cost-based pricing
Double entry principle
Direct labor
Absorption-cost pricing​

Sagot :

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Answer:

Identify the following

1. It plays an important role in pricing.

-Cost-

2. The costing principle to be applied is the compulation of all cost go into.

-Cost-based pricing-

3. It is the amount changed product or service.

-Price-

4. ____ are not taken into consideration to future cost.

-Past cost-

5. It includes all the variable costs, as well as a proportion of all fixed costs.

-Absorption-cost pricing-

6. Direct material, ____ are overhead are the element added together to find the cost.

-Direct labor-

7. Keeping on accounts for cost also based on ____.

-Double entry principle-

8. ____ are changed in costing.

-Abnormal cost-

9. Cost is always related to its ____.

-Cause-

10. Normal lost or ____ is to be borne by that until only where loss has incurred.

-Wastage-

Choices:

Cause

Price

Cost

Wastage

Past cost

Abnormal cost

Cost-based pricing

Double entry principle

Direct labor

Absorption-cost pricing

Explanation:

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Cost

Cost-based pricing

Price

Past cost

Absorption-cost pricing

Direct labor

Double entry principle

Abnormal cost

Cause

Wastage

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