Question 1
Describe both variable and fixed costs. Explain why the distinction between variable and fixed costs is important in cost accounting.
Question 2
The list of representative cost drivers in the right column below are randomized with respect to the list of functions in the left column. That is, they do not match.
| | Function | | Representative Cost Driver |
| 1. | Purchasing | A. | Number of employees |
| 2. | Billing | B. | Number of shipments |
| 3. | Shipping | C. | Number of customers |
| 4. | Computer Support | D. | Number of invoices |
| 5. | Personnel | E. | Number of desktop computers |
| 6. | Customer Service | F. | Number of purchase orders |
Required:
Match each business function with its representative cost driver.
| | Function | Insert letter of appropriate driver (A through F) |
| 1. | Purchasing | |
| 2. | Billing | |
| 3. | Shipping | |
| 4. | Computer Support | |
| 5. | Personnel | |
| 6. | Customer Service | |
Verterbral Column Anatomy
A road sign telling drivers that there may be devils nearby
Bones of the spinal column.
ICD-10-CM Tabular List
the list provided
question in cost accounting