Match Each Definition That Follows with the Term (A-E) It

question 33

Multiple Choice

Match each definition that follows with the term (a-e) it defines.
-Not relevant to future decisions

• A)Opportunity cost
• B)Sunk cost
• C)Theory of constraints
• D)Differential analysis
• E)Product cost distortion

---

Definitions:

Least-squares Regression

A method in statistics for finding the optimal line of fit by minimizing the sum of the squared deviations between real and estimated values.

Maintenance Cost

The expenses incurred to keep machinery, equipment, or buildings in operating condition and repair.

Machine-hours

An indicator of the duration for which equipment is utilized in the manufacturing process, commonly employed for distributing manufacturing overhead costs.

Contribution Margin

The amount remaining from sales revenue after variable expenses are deducted, indicating the potential profitability of products.