Managerial Accounting Acco
Chapter unting
5 Study Chapter 5
Guide
Study this set o nline at: https://www.cram.co m/flashcards/managerial-acco unting-
chapter-5-3052258
cost structure the rel ati ve proporti on of f i xed, vari abl e, and mi xed costs i n an organi zati on
acti vi ty base A measure of whatever causes the i ncurrence of a vari abl e cost.
A measure of whatever causes the i ncurrence of a vari abl e cost. acti vi ty base
the rel ati ve proporti on of f i xed, vari abl e, and mi xed costs i n an organi zati on cost structure
, Managerial
Managerial Accounting Acco
Chapter unting
5 Study Chapter 5
Guide
Study this set o nline at: https://www.cram.co m/flashcards/managerial-acco unting-
chapter-5-3052258
what i s an acti vi ty base someti mes ref erred to as? a cost dri ver
what are some of the most common acti vi ty bases? (4) -di rect l abor-hours -machi ne-hours -uni ts produced -uni ts sol d
Unl ess stated otherwi se what can you assume i s the acti vi ty base under
the total vol ume of goods and servi ces provi ded by an organi zati on
consi derati on?
When i s the onl y ti me the acti vi ty base wi l l be speci f i ed? When i t i s somethi ng other than total output