大学会计英语课件陈庆柏 主编978 7 81134 917 7unit 10.pptVIP

This is the end of Unit 10 Thank you for your attention 陈庆柏 王景仙 主编 Unit Ten Product Costing Warming-up Questions How do you distinguish between product costs and period costs? What are the principal purposes of cost allocation? Suggested Answers How do you distinguish between product costs and period costs? The costs are period costs if they, as expenses, are deducted from revenue without being regarded as a part of inventory. In contrast, product costs are initially identified as part of the inventory on hand. These product costs (inventoriable costs) become expenses (in the form of cost of goods) only when the inventory is sold. Suggested Answers What are the principal purposes of cost allocation? The chief purposes of cost allocation are: (1) to predict the economic effects of planning and control decisions; (2) to influence management behavior and thus promote goal congruence and managerial effort; (3) to compute income and asset valuations; (4) to justify costs or obtain reimbursement. Notes 1. to identify with... 与……成为一致 2. period costs 本期成本 = costs that are deducted as expenses during the current period without going through an inventory stage 3. inventoriable costs 存货成本 4. to assign sth. to sth. else 将……分配到…… 5. cost allocation 成本分配；成本分摊 = tracing and reassigning costs to one or more cost objectives such as activities, departments, customers, or products 6. to add a new course 增加一门新课程 7. registrar’s office 学校注册办公室 8. reservation and booking services 预留预定服务 9. congruence n. 一致（goal congruence目标的一致） 10. spur vt. 鞭策，推动 = push 11. to obtain reimbursement 获得偿付 Notes 12. profit margin 利润幅度；盈利率 13. more than one unit 一个以上的单位（注意one后所跟的名词用单数，类似的情况还有many a chair许多椅子） 14. floor space 室内空间 15. administrative expense 管理费用 16. depreciation on used machinery 旧机器的折旧费用 17. the pediatrics department 小儿科 18. laundry department 洗衣部 19. machine setups 机器装配或安装 20. cost pool 归集成本 = a group of individual costs that is allocated to cost objectives using a