prime cost

fixed cost

inventoriable cost

period cost

indirect cost

conversion cost

variable cost

relevant cost

1.	_______are incurred during the process of transforming direct materials into finished goods ready for sale.
2.	A _______ remains unchanged for a given time period, despite wide changes in the related level of total activity or volume of output.
3.	_______ are all costs of a product that are considered as assets on the statement of financial position when they are incurred.
4.	_______ are all direct manufacturing costs.
5.	_______ are all costs in the statement of profit and loss other than cost of goods sold.
6.	A _______ changes in proportion to changes in the related level of total activity or volume.
7.	_______ of a cost object are related to the particular cost object but cannot be traced to it in an economically feasible (cost-effective) way.
8.	_______ information is cost information that will change a decision. It is needed to identify and remedy different cost-management problems.