Unformatted text preview: Learn this language before coming to class by reading the textbook.
Language describing whether costs can be controlled
Language describing whether cost information is valuable
Language describing how costs behave
Cost per unit
Language describing how costs are traced to units
Predetermined manufacturing overhead rate
Language describing what happens when estimates are different than actual
Under-allocated (under-applied) manufacturing overhead
Over-allocated (over-applied) manufacturing overhead
Closing manufacturing overhead 6A:002 Knowledge Inventory – Week 2
Spring 2010 Page 2 Concepts: You should know what these concepts mean and be able to explain them to a reasonably intelligent
person who is not taking the course....
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- Spring '11
- Managerial Accounting, In-class problems, Language Review