Show:
Phases
Process
costs
Manufacture
Purchase
100
Essential part of a successful business. Without it business won't run.
What is Planning Phases?
100
activities designed to generate revenue
What is revenue process?
100
revenue that does not change in total amount in any activities
What is fixed revenue?
100
Bases that reflect consumption or provision of resources
What is activity driver?
100
where the goods are received by the customer
What is FOB destination?
200
business completes its planned business process
What is Performing Phase?
200
activities designed to produce the goods a company sells
What is conversion process?
200
cost that varies to a change in activity
What is mixed cost?
200
cost of all manufacturing resources used to make products
What is manufacturing overhead?
200
when goods are passed to the customer and is on the way to the destination
What is FOB shipping point?
300
final phase of the management cycle
What is Evaluating Phase?
300
activities designed to enable the company to generate revenue
What is expenditure process?
300
cost that changes due to the change in the amount of activity
What is variable cost?
300
variable that depends on another variable
What is dependent variable?
300
good returned by customers to the seller
What is purchase returns?
400
Essential part of a successful business. Without it business won't run.
What is planning Phase?
400
how a revenue reacts to change in the level of activity
What is revenue behavior?
400
revenue that changes to the change in the amount of activity
What is variable revenue?
400
variable that does not depend on another variable
What is independent variable?
400
document sent from buyer to vendor to request item for purchase.
What is purchase order?
500
final phase of the management cycle
What is Evaluating phase?
500
how costs react to change in the level of activity
What is cost behavior?
500
revenue that varies due to change in activity
What is mixed revenue?
500
how a cost reacts to change in activity
What is cost behavior?
500
discount offered to customers to pay their bill early
What is sales discount?