Cost Concept
© The McGraw-Hill Companies, Inc., 2000 Irwin/McGraw-Hill Chapter 2 Cost Terms, Concepts, and Classifications.
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Ch 2
Basic concepts of cost accounting
Test Bank - Chapter 7 Variable Costing
Managerial Accounting Chap2 Half
Cost Terms, Concepts,Classifications
Managerial Accounting and Cost Concepts. Work of Management Planning Controlling Directing and Motivating.
Chapter 2. Basic Cost Terminology Cost – resource sacrificed to achieve a specific objective Actual cost – a cost that has occurred Budgeted cost – a.
Cost Terms, Concepts, and Classifications Chapter 2.
© 2006 McGraw-Hill Ryerson Ltd.. Costs Terms, Concepts and Classifications Chapter Two.