CH. 10 L2 Labor Costing Quiz

A cost made up of both fixed and variable cost elements

• Overhead costs

• Variable Cost

• Actual Purchase Price

• Semivariable cost

The amount of sales an operation does for a given period of time

• Sales history

• Business volume

• Profit and loss report

• Variable cost

The number of employees hired to fill one position in a year's time

• Employee turnover

• Labor costs

• Crew schedule

• Customer count

The specifications of the operation with regard to products and services

• Profit and loss report

• Master schedule

• Operational standards

• Quality standards

The specifications of an operation with regards to products

• Quality standards

• Business volume

• Operational standards

• POS system

A cost that will change based on the amount of sales

• Semivariable cost

• Labor cost

• Variable cost

• Cost control

A template showing the number of people needed in each position to run the business for a given time period

• Master schedule

• Crew schedule

• Labor cost

• Forecast

A chart that shows employees' names and days and times they are to work

• Master schedule

• Operational standards

• Crew schedule

• Full-line supplier