COST BY BEHAVIOUR

Fixed Cost Variable Cost

Cost
Cost

Activity Activity
 COST BY Function

Direct Indirect
Cost Cost
 Direct
Material

Product Cost Direct Labor

Overhead

Selling
Expense
Period Cost
Administrativ
e Expense
 Cost Type Fixed or Variable Direct or Indirect Product or Period
Raw Material Variable Direct Product
Wages Expense Variable Direct Product
Salary Expense - Factory Fixed Direct Period
Factory Depreciation Fixed Indirect Product
Utility Fixed Indirect Period
Selling Expense Fixed Indirect Period
Administrative Expense Fixed Indirect Period
Support Material Variable Indirect Product
 Materials Production Sales

Beginning Material Beginning WIP Beginning Finished Good

Cost Of Good
Material Purchased Material Used
Manufactured

Ending Material Labor Used Good Available For Sales

Material Used Overhead Used Ending Finished Good

Ending WIP Cost Of Good Sold

Cost Of Good
Manufactured
 Job Cost Systems Cost Flow

Work in Process Finished Goods Cost of Good Sold

Materials Materials Materials Materials

indirect

Overhead Cost Overhead Overhead Overhead Overhead

indirect

Labor Labor Labor Labor

Job Cost Document and Form

Material
Job Cost Ledger Card
Time Ticket
Sheet and
Requisition
Materials Ledger Card
Item Wood Planks Stock No M-357 Location in Storeroom 147
Maximum quantity 5 Minimum quantity 1 Quantity to reorder 2

Received Issued Balance

Receivin
g Report Unit Total Requisiti Unit Total Unit Total
Date Number Units Price Price on # Units Price Price Units Price Price
1 225 225
4-Mar C-7117 2 225 450 3 225 675
7-Mar R-4705 1 225 225 2 225 450

Materials Requisition No. R-4609

Job No. B15 Date 7-Mar
Material Stock No M-247 Material Description Wood Plans

Quantity Requested 1 Requested By R Williams

Quantity Provided 1 Date Provided 7-Mar

Filled By M Backster Material Received By 7-Mar

Remarks
 Job Cost
Systems

Cost Process
Cost
Systems Systems

Activity
Based
Costing
 Cost
roc ess
P
 Cost Volume Profit Analysis

Break Cost Out By Behaviour

Instead of Function

Fixed Cost Variable Cost

 Tools in Predicting the Volume of Activity,
the cost to be incurred, The Sales to be Made, and The Profit to be Earned