Match the following terms to Use capital letters for your answers. howing terms to the statements shown below. Use each term only once A. CFO B. Fixed Cost C. Indirect Cost D. Management by Exception E. Non-controllable Cost F. Opportunity Cost G. Sunk Cost H. Supply Chain Management Systems 1. Value Chain J. Variable cost 1. The benefits foregone when one alternative is selected over another 2. Organizes the activities between a company and its suppliers. 3. A cost that does not change, in total, with changes in the level of business activity 4. Investigating departures from the plan that are significant. 5. A cost that was incurred in the past. 6. A cost that cannot be easily traced to a particular cost object. 7. A cost that does not change on a per unit basis with changes in the level of business activity 8. The senior executive responsible for accounting and financial operations. 9. A company's internal operations and its relationships and interactions with suppliers and customers. 10. A cost that a manager cannot influence. Match the following terms to the statements shown below. Use capital letters for your answers. Each term can only be used once. A. Allocation base. B. Cost of goods manufactured C. Cost pool D. Indirect labor cost E. Job-order costing system F. Just-in-time manufacturing G. Manufacturing overhead H. Overhead applied 1. Product cost J. Underapplied overhead 1. Used by companies that produce individual products or batches of products that are unique. 2. Involves minimizing inventory levels. 3. When actual overhead exceeds applied overhead. 4. The cost of the jobs completed during the period. 5. Includes the cost of production supervisors. 6. Is not expensed until the related product is sold. 7. Consists of the cost of a major activity. 8. The product cost other than direct materials and direct labor. 9. A characteristic used to develop the overhead allocation rate. 10. The overhead cost that flows into work in process