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katerooshkie katerooshkie
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A month ago
Match the following terms to the appropriate statement by placing the letter to the left of each statement.  You may have more than one answer for each.

a.Absorption costinge.Mixed costs
b.Direct costingf.Period costs
c.Full costingg.Product costs
d.Matching principleh.Variable costing

______1.Another term for absorption costing
______2.A cost that contains both fixed and variable components
______3.Costing method acceptable for internal decision making
______4.Selling and general and administrative expenses
______5.Costing method required by generally accepted accounting principles
______6.Direct material, direct labor, and manufacturing overhead
______7.Another term for variable costing
______8.States that expenses should be expensed in the same period as the revenues
they generate
Textbook 

Managerial Accounting


Edition: 4th
Author:
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rectorrector
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A month ago
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More solutions for this book are available here
1.c — Full costing
2.e — Mixed cost
3.h — Variable costing, or b — Direct costing
4.f — Period cost
5.a — Absorption costing, or c — Full costing
6.g — Product cost
7.b — Direct costing
8.d — Matching principle


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katerooshkie Author
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A month ago
Just got PERFECT on my quiz
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Brilliant
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Correct Slight Smile TY
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