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Chapter 4 Vocabulary

Across
A cost that varies with the number of products produced
The study of how costs and profits change in response to changes in the volume of goods and services provided to consumers
All costs other than direct materials and direct labor that are incurred in the manufacturing of products
The cost of production employees who do not physically manufacture the product
An additional cost associated with an alternative
A past cost that is not relevant in short-term decisions
A cost incurred to maintain the company's capacity to operate
A benefit forgone when choosing one alternative over another
Down
A cost that varies with the number of product lines
The contribution margin per unit divided by the selling price per unit
Total sales less total variable cost at a given point of activity
A cost that varies with the number of batches
A cost related to selling the products and services or administering the company
The cost of materials that are traceable to the product and that are costly enough to warrant tracing them
The relative proportions of units of products sold in a multiple-product company