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Unformatted text preview: 5. Understand the flow of manufacturing costs (DM, DL, MO) from the point of incurrence to the sale of the completed product. (pp 3840) 6. Identify and give examples of variable costs and fixed costs, and explain the differences in their behavior on a per unit basis and in total. (pp. 4042) 7. Define the following terms: direct cost, indirect cost, cost object, differential cost, differential revenue, incremental cost, sunk cost . (pp.4345) 8. Properly classify labour costs associated with idle time, overtime, and fringe benefits. (p. 30) Demonstration/Assignment Problems : E 21, E22, E23, E24, E25, E2.6, E27,E28, E210, E211, E212, E213, P214, P215, P216, P217, P219, P220, P221, P224, P226, P228, P229 RF 09/07...
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This note was uploaded on 03/03/2012 for the course ACCT 2460 taught by Professor Farrar during the Winter '12 term at Conestoga.
 Winter '12
 Farrar
 Cost Accounting

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