Chapter 8-12

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School
York University
Department
Administrative Studies
Course
ADMS 2510
Professor
Geoff Lawrence
Semester
Winter

Description
Ch 8 Absorption manufacturing cost product cost DM DL VOH FOHperiod cost SA Cost functionscategory fixed expenses are avoidable external users Variable Costing variable manufacturing product DM DL VOHperiod cost FOH SACost behaviourcategory fixed expenses are unavoidable internal users Avoidable Cost VC that are related to product line eliminating that can be avoided Unavoidable cost cannot be eliminated even if closure of dept or no production Segment marginsegment CMtraceable FC AbsorptionVariable relationship Operating IncomeProductSales Inventory Effect Operating Income ProductionSalesno effect AbsorptionVariable ProductionSalesincreaseAbsorptionVariable ProductionSalesdecreaseAbsorptionVariableCh 9 Budget predict future revenuecosts to compare with actual revenuecost Strategic Budget long t
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