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Ch4: Materials and Labour
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cycle:Raw materials ................. The various activities involved in the production process.
indirect:Lubricating oils used to keep factory plant operational are an example of ................. materials.
requisition:Purchase ................ Written order issued by the stores department to inform of a need for raw materials and supplies.
purchase:............... order. Written order from a supplier requesting goods or services.
receiving:............... report. This report is checked against the goods that were delivered and the purchase order to verify that correct quantities have been delivered in good order.
supplierinvoice:Source document provided by the supplier evidencing that a transaction has occurred (two words 8,7).
materials:............... requisition. Authorisation that allows materials to be released from the stores department to production.
materialsrelatedcosts:Transportation, receiving, inspection and storage costs are all examples of .................. (three words 9,7,5).
fifo:Inventory costing method that tends to concentrate on purchases (acronym).
weightedaverage:Inventory costing method that tends to concentrate on purchases (two words 8,7).
stocktake:Physical count of inventory on hand to verify against inventory records.
shortage:Stock ............ Physical count is lower than the perpetual records.
surplus:Stock ............. Physical count is greater than the perpetual records.
specificidentification:A method allowed by AASB102 for the valuation and presentation of inventories (two words 8,14).
Ch4: Materials and Labour
Across:1. | Stock ............. Physical count is greater than the perpetual records. | 3. | Raw materials ................. The various activities involved in the production process. | 7. | Inventory costing method that tends to concentrate on purchases (acronym). | 9. | ............... order. Written order from a supplier requesting goods or services. |
| 11. | Stock ............ Physical count is lower than the perpetual records. | 12. | ............... report. This report is checked against the goods that were delivered and the purchase order to verify that correct quantities have been delivered in good order. | 13. | Transportation, receiving, inspection and storage costs are all examples of .................. (three words 9,7,5). | 14. | A method allowed by AASB102 for the valuation and presentation of inventories (two words 8,14). |
| | Down:2. | Source document provided by the supplier evidencing that a transaction has occurred (two words 8,7). | 4. | ............... requisition. Authorisation that allows materials to be released from the stores department to production. | 5. | Purchase ................ Written order issued by the stores department to inform of a need for raw materials and supplies. |
| 6. | Inventory costing method that tends to concentrate on purchases (two words 8,7). | 8. | Lubricating oils used to keep factory plant operational are an example of ................. materials. | 10. | Physical count of inventory on hand to verify against inventory records. |
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© 2013
PuzzleFast.com, Noncommercial Use Only
Ch4: Materials and Labour
Across:1. | Stock ............. Physical count is greater than the perpetual records. | 3. | Raw materials ................. The various activities involved in the production process. | 7. | Inventory costing method that tends to concentrate on purchases (acronym). | 9. | ............... order. Written order from a supplier requesting goods or services. |
| 11. | Stock ............ Physical count is lower than the perpetual records. | 12. | ............... report. This report is checked against the goods that were delivered and the purchase order to verify that correct quantities have been delivered in good order. | 13. | Transportation, receiving, inspection and storage costs are all examples of .................. (three words 9,7,5). | 14. | A method allowed by AASB102 for the valuation and presentation of inventories (two words 8,14). |
| | Down:2. | Source document provided by the supplier evidencing that a transaction has occurred (two words 8,7). | 4. | ............... requisition. Authorisation that allows materials to be released from the stores department to production. | 5. | Purchase ................ Written order issued by the stores department to inform of a need for raw materials and supplies. |
| 6. | Inventory costing method that tends to concentrate on purchases (two words 8,7). | 8. | Lubricating oils used to keep factory plant operational are an example of ................. materials. | 10. | Physical count of inventory on hand to verify against inventory records. |
| |
© 2013
PuzzleFast.com, Noncommercial Use Only