its all one question just matching. thank you!!!
Increase the accuracy of job costs when each department incurs different types and amounts of manufacturing overhead and/or each product or job uses departments to a different extent Costs incurred to detect poor-quality goods or services Cost distortion Acronym used for the 8 wastes identified by advocates of lean thinking Plantwide rate Waste activities 3 Department overhead rates 4 Activity based costing Management philosophy focused on creating value for the customer by eliminating waste 5. Activity cost pool Considers that each product manufactured may require different types and amount of activities Activity cost allocation rate Activities for which the customer is willing to pay A types and amount of activities 6. Activity cost allocation rate Activities for which the customer is willing to pay 7 Activity based management Total estimated activity cost pool / total estimated activity allocation base 8. Value-added activities Another name for the predetermined manufacturing overhead rate 9 Non-value-added activities 10. Lean thinking The cost allocation system causes some products to be overcosted and other products to be undercosted 11 "DOWNTIME Tools, materials and equipment are stored in proximity to where they will be used more frequently 12. Point-of-use storage Total manufacturing costs associated with an activity 13. Pull system 14. Prevention costs Costs incurred because defects are not detected until after delivery to customers IUL IUusb WUJLJUJ. with an activity 13. Pull system 14 Prevention costs Costs incurred because defects are not detected until after delivery to customers 15. Appraisal costs Costs incurred to avoid producing poor-quality goods or services 16. Internal failure costs Costs incurred on defective units before delivery to customers 17. External failure costs No inventory is made until the order has been received 18. JIT inventory philosophy Raw materials are purchased just in time for production Uses activity based cost information to make decisions that increase profits while satisfying customer needs Increase the accuracy of job costs when each department incurs different types and amounts of manufacturing overhead and/or each product or job uses departments to a different extent Costs incurred to detect poor-quality goods or services Cost distortion Acronym used for the 8 wastes identified by advocates of lean thinking Plantwide rate Waste activities 3 Department overhead rates 4 Activity based costing Management philosophy focused on creating value for the customer by eliminating waste 5. Activity cost pool Considers that each product manufactured may require different types and amount of activities Activity cost allocation rate Activities for which the customer is willing to pay A types and amount of activities 6. Activity cost allocation rate Activities for which the customer is willing to pay 7 Activity based management Total estimated activity cost pool / total estimated activity allocation base 8. Value-added activities Another name for the predetermined manufacturing overhead rate 9 Non-value-added activities 10. Lean thinking The cost allocation system causes some products to be overcosted and other products to be undercosted 11 "DOWNTIME Tools, materials and equipment are stored in proximity to where they will be used more frequently 12. Point-of-use storage Total manufacturing costs associated with an activity 13. Pull system 14. Prevention costs Costs incurred because defects are not detected until after delivery to customers IUL IUusb WUJLJUJ. with an activity 13. Pull system 14 Prevention costs Costs incurred because defects are not detected until after delivery to customers 15. Appraisal costs Costs incurred to avoid producing poor-quality goods or services 16. Internal failure costs Costs incurred on defective units before delivery to customers 17. External failure costs No inventory is made until the order has been received 18. JIT inventory philosophy Raw materials are purchased just in time for production Uses activity based cost information to make decisions that increase profits while satisfying customer needs
