Examlex
Match the items below for a bakery to the type of cost (a-d) . Answers may be used more than once.
-Depreciation expense-office
Flexible Budget
An adaptable budget configured to change with differing levels of activity or volume.
Return on Investment
A performance measure used to evaluate the efficiency or profitability of an investment or compare the efficiency of several different investments.
Variable Costs
Variable costs are expenses that change in proportion to the activity of a business, such as sales volumes.
Controllable Fixed Costs
Expenses that do not change with production level but can be altered or managed by decisions at the management level.
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