the definition and how to calculate if applicable.)

Process costing

Job costing

Percentage completion

Direct materials for completed units

Conversion costs

Equivalent units

ABC System

Cost driver

Calculating and allocating overhead

CVP analysis

Contribution margin

Contribution margin income statement

Activity base costing overhead rate

Traditional costing overhead rate

Break even point

Margin of safety

Operating leverage

Simarities and differences between job costing and process costing

Know the diffence between the following activies (Unit level, Batch level, Product level, Customer level, organization sustaining)

Know the difference between (Sales mix, Break-even analysis, margin of safety, Degree of operating leverage, target profit analysis, Contribution margin ratio)

Know the diffence between the following costing method (Normal costing, process costing, job costing, and Activity based costing)