Match the definition with the correct term.

- A. B. C. D. E. F. G. H. I. J. K. L.	Costing process that traces costs to units based on multiple identified activities.
- A. B. C. D. E. F. G. H. I. J. K. L.	Cost classification based on the relationship between cost behaviors and changes in production volume.
- A. B. C. D. E. F. G. H. I. J. K. L.	Cost classification based on the ability to trace a cost to a unit of production.
- A. B. C. D. E. F. G. H. I. J. K. L.	Cost classification that identifies costs that should be expensed on the income statement or capitalized as inventory.
- A. B. C. D. E. F. G. H. I. J. K. L.	A factor that causes the total cost of an activity to increase or decrease.
- A. B. C. D. E. F. G. H. I. J. K. L.	Total costs do NOT change with increases in production volume.
- A. B. C. D. E. F. G. H. I. J. K. L.	Units that are completed and are ready to sell to customers.
- A. B. C. D. E. F. G. H. I. J. K. L.	Units on the assembly line in the process of being manufactured.
- A. B. C. D. E. F. G. H. I. J. K. L.	Costing system used to determine the cost of custom jobs.
- A. B. C. D. E. F. G. H. I. J. K. L.	Materials used in the manufacturing process but are not clearly identified with a specific product.
- A. B. C. D. E. F. G. H. I. J. K. L.	Costs incurred in a manufacturing facility that cannot be traced to a unit of production.
- A. B. C. D. E. F. G. H. I. J. K. L.	Costing system used to cost the mass production of products.

A.	Product vs. Period
B.	Fixed vs. Variable
C.	Job Costing
D.	Work in Process
E.	Factory Overhead
F.	Cost driver
G.	Indirect materials
H.	Direct. vs. Indirect
I.	Fixed costs
J.	Finished Goods
K.	Activity-based Costing
L.	Process operations

Cosmos Company accumulated the following account information for the year:

Beginning raw materials inventory	$7,700
Indirect materials cost	3,700
Indirect labor cost	4,700
Maintenance of factory equipment	3,500
Direct labor cost	6,700

Using the above information, total factory overhead costs would be:

		$18,600.
		$11,900
		$8,400
		$3,500

The following information relates to the manufacturing operations of the K Dabbra Publishing Company for the year:

	Beginning	Ending
Raw materials inventory	$650,000	$513,000

The raw materials used in manufacturing during the year totaled $1,250,000. Raw materials purchased during the year amounted to:

		$87,000.
		$907,000.
		$1,387,000.
		$1,113,000.

Elsie Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs and its activity based costing system.

Costs:
Wages and salaries	$280,000
Depreciation	240,000
Utilities	160,000
Total	$680,000

Distrubution of resource consumption:

	Activity Cost Pools
	Assembly	Setting up	Other	Total
Wages and salaries	50%	25%	25%	100%
Depreciation	20%	30%	50%	100%
Utilities	25%	45%	30%	100%

How much cost, in total, would be allocated in the first-stage allocation to the Setting Up activity cost pool?

		$214,000
		$170,000
		$414,000
		$204,000