Match the Following

question 58

Multiple Choice

Match the following.You may use a response once,more than once,or not at all.
-Linking the activities of organizational units

• A)Coordination
• B)Decentralization
• C)Delegation
• D)Departmentalization
• E)Span of management
• F)Centralization

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Definitions:

Contribution Margin

The amount by which a product's sales revenue exceeds its total variable costs, indicating how much contributes to covering fixed costs and generating profit.

Product Costs

The costs directly connected to the creation of a product, including materials, labor, and manufacturing overhead.

Period Costs

Expenses that are not directly tied to the production process and are expensed in the period in which they are incurred, such as selling and administrative costs.

Direct Manufacturing Cost

Expenses directly related to the production of goods, including labor and materials.