According to full costing method, if cost of sale is 800, Gross profit is 200, and variable cost is 400, what is the contribution margin?

The accumulation of the costs incurred in buying and/or making inventory items is known as ....?

Which of the following asset accounts is NOT used to record and capture the flow of manufacturing costs?

In throughput accounting if the sale is 100, fixed cost is 25, and variable material cost is 45, what is throughput ?

Which of the following cost classification methods is not relevant in decision-making?

A cost classification that identifies the degree to which a cost can be changed in the short term is known as ...?

'Relevant range' in budgeting and cost accounting relates to the:

The costs involved in converting raw materials into finished products is known as ...?

Which of the following correctly completes the statement? "As production increases within the relevant range ..."

Which of the following would NOT be a feature of 'bottom up' budgeting?

Definition of cost accounting