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Match the term with the most correct statement. 6 Cost Containment 7 Cost Center 8 Investment Center Activity-Based Cost 3 Revenue Volume Variance 1 Expense
Match the term with the most correct statement. 6 Cost Containment 7 Cost Center 8 Investment Center Activity-Based Cost 3 Revenue Volume Variance 1 Expense Volume Variance 4 Allocation Base 2 Revenue Rate Variance 10 Expense Cost Variance 9 Service Center 1. (Actual Volume - Budgeted Volume) x Budgeted Cost per Unit. 2. (Actual Rate - Budgeted Rate) x Actual Volume. 3. (Actual Volume - Budgeted Volume) x Budgeted Rate. 4. Statistic used to allocate costs. 5. Cost to produce product. 6. Staying within expense budget. 7. Most common type of responsibility center. 8. Has an expected rate of return. 9. No budgetary control. 10. (Actual Cost per Unit - Budgeted Cost per Unit) x Actual Volume
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