Exam (elaborations)
Edexcel A-Level Accounting 2024 managerial accounting ch7 Exam Review
- Course
- Institution
Edexcel A-Level Accounting 2024 managerial accounting ch7 Exam Review
[Show more]
Seller
Follow
RevisionKing
Reviews received
Content preview
Edexcel A-Level Accounting 2024managerial accounting ch7 Exam
Review
ABC - Answer>>is a costing method designed to provide
managers with cost information for strategic and other decisions.
It is ordinarily used as a supplement to, rather than as a
replacement for, the company's usual costing system.
Activity - Answer>>An event that causes the consumption of
overhead resources.
Activity Cost Pool - Answer>>A "cost bucket" in which costs
related to a single activity measure are accumulated.
Activity Measure - Answer>>An allocation base in an activity-
based costing system.
Transaction driver - Answer>>Simple count of the number of
times an activity occurs.
Duration driver - Answer>>A measure of the amount of time
needed for an activity.
Customer Orders - Answer>>assigned all costs of resources
that are consumed by taking and processing customer orders
Design Changes - Answer>>assigned all costs of resources
consumed by customer requested design changes
Order Size - Answer>>assigned all costs of resources
consumed as a consequence of the number of units produced
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller RevisionKing. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75619 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now