MALİYET VE YÖNETİM MUHASEBESİ

In which method expenditures for all manufacturing related factors are included in the product cost?

... also suggests covering all manufacturing factors as product cost in parallel to the full costing method; however, in this method costs of indirect manufacturing factors are allocated to products depending on the utilization rates of these factors.

Which one of the following fills the blank correctly?

In which method product cost is calculated at year-end by using the cost data that incurred during the year?

... represents the amount of overhead cost allocated to jobs whenever a unit of allocation base is used/spent during the accounting period.

Which one of the following fills the blank correctly?

... is a derived measure of output that reflects the number of completed units that could be produced with the same quantity of input consumed for both finished goods and work-in-process inventories.

Which one of following correctly fills the blank?

Which one of the following is the name given to a costing system that broadly averages or spreads the cost of resources uniformly to cost objects?

Which one of the following is used to define the situation in which over-costing in one or more products results in under-costing in other products?

Which one of the following is a refined version of simple costing system, with increased number of cost pools and allocation bases?

Which one of the following is the first step of the activity-based costing?

Which one of the following is the last step of the activity-based costing?

There are different types costing methods by the scope of product
cost coverage .

Which one is not one of them?

In.......................penditures for all manufacturing related factors are included in the
product cost.

Which of the following should come to the dotted place according to the whole sentence?

.......................................d, which is also called as super variable costing, does not have widespread use in practice. Under this method, only the direct material cost is the product cost, while all other manufacturing related expenditures are considered as period expenses to be reported in the income statement.

Which of the following should come to the dotted place according to the whole sentence?

To calculate the unit cost, there is a five-step procedure of process costing.

Which one is not one of them ?

.................................................is the name given to a costing system
that broadly averages or spreads the cost of resources uniformly to cost objects.

Which of the following should come to the dotted place according to the whole sentence?

To calculate the unit cost, there is a five-step procedure of process costing.

The steps are as follows:

1)Summarize the flow of physical units of output.The steps are as follows: 

2)Compute the cost per equivalent unit

3)Summarize the total cost to account for

4)Compute output in terms of equivalent units

5)Assign total cost to completed units and ending work-in-process inventory

Which two must change for the ranking to be correct?

Depending on the product type, managers can choose among different costing systems for assigning costs to products.

Which is one of them?

..........................methodology defines production as the combination of subsequent processes and analyze the cost of each process separately. The product cost is calculated by accumulating the shares that the product gets from the cost of each process.

Which of the following should come to the dotted place according to the whole sentence?

...................................method, product cost is calculated at year-end by using the cost data that incurred during the year. In order to calculate the product cost, it is necessary that the production is completed and all related expenditures have incurred. 

Which of the following should come to the dotted place according to the whole sentence?

In.............................................costs of all manufacturing factors (direct materials, direct labor and manufacturing overhead) are based on the standards that are previously determined using scientific techniques and methods. Thus, product cost is already known at the beginning of the year. At the end of the year, standard costs and actual costs are compared and, if necessary, the standard costs are adjusted to actual
values to be reflected in financial statements. 

Which of the following should come to the dotted place according to the whole sentence?