![12 pts o term will be used more Question 4 [ Choose ] Product Cost Indirect Cost Match the following phrases and term Income](http://img.homeworklib.com/questions/7d2ef3f0-0d38-11eb-a369-9d9d232986bc.png?x-oss-process=image/resize,w_560)
Homework Answers
Answer:
Part1)A method for keeping track of large amounts of homogeneous units during the manufacturing process=Process costing
Part 2)A cost that does not increase proportional with increase in volume over the relevant range.=Fixed Cost
Part 3)A cost that is difficult to efficiently trace to a product.=Indirect Cost
Part 4)Follows rules developed by the internal revenue code=Tax Accounting
Part 5)The purpose of this type of accounting is to prepare financial statements for the general public=Financial Accounting
Part 6)Document that orders materials into production (into WIP account).=Materials Requisition
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