Costing bingo

Exercise and reference answers

Clues and terms

1. Clue

   Traced to one job.

   Item

   Job order

2. Clue

   Continuous output.

   Item

   Process

3. Clue

   Materials plus labour.

   Item

   Prime cost

4. Clue

   Labour plus overhead.

   Item

   Conversion

5. Clue

   Cannot be traced.

   Item

   Indirect

6. Clue

   Record for one job.

   Item

   Job sheet

7. Clue

   Rate fixed in advance.

   Item

   Predetermined

8. Clue

   Spreads the overhead.

   Item

   Cost base

9. Clue

   Uses both systems.

   Item

   Hybrid

Instructions

Read each clue and tap the term it describes.

Explanation