Tag Archives for " activity "

Variable Cost

When thinking about cost behavior, think about how the cost behaves in total. A variable cost is a cost that varies in total. The cost increases or decreases based on a related activity. The formula for

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Job Costing and Overhead Allocation

We have previously discussed cost objects and assigning costs to cost objects. One object that is used frequently by job costing. Job costing is a cost allocation method used by companies that make custom

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