The following are nine technical accounting terms: Responsibility margin, Transfer price, Common fixed costs, Contribution margin, Cost-plus transfer price, Traceable fixed costs, Performance margin, Product costs, Committed fixed costs,

1. The costs deducted from contribution margin to determine responsbility margin.

2. Costs to produce plus a predetermined markup.

3. Fixed costs that are readily controllable by the manager.

4. A subtotal in a responsibility income statement, equal to responsibilty margin plus committed fixed costs.

5. The subtotal in a responsibility income statement that is most useful in evaluation the short-run effect of various marketing strategies on tthe income of the business.

6. The subtotal in a responsibility income staement that comes closet to indictaing the change in income from operations that would result from closing a particular part of the business.

7. The amount used in recording products or services supplied by one business unit to another.