Question

E Ch 2 Note Sheet FAIpQLSdoJrPjQkIkZYq4VTGArZftYP6mcj3WJSQUPh8c6pxnispCbQ/viewform When would job order costing be an appropriate systems to use? What types of products might these companies make? * points Your answer What items are tracked on a job cost sheet. (Note: The job cost sheets are the subsidiary ledger or detail for the job in process or finished.) * 1 point O Raw Materials Inventory Direct Materials Work in Process Inventory O Direct Labor Overhead When materials are requisitioned from the Raw Materials Inventory they 1 mint

Answer 1

Job Costing: codking acroin hong ystem in trackked by Dndes Job १ ) coos & which gevenuep enalles standandi zed re poabing f Tob afilabirity. Jt is appaopaiate to use Job ondes costing in following Cases in Manufactuming Companies costing as a mans of Controlling esage usage Maw mat esials bour houns. in coapotate Job ovder each customer order These busines ses Considen sepesate Tob for the purpose of Costing- Job orden () Companie in white in Collar Secha of busines, clu ding law froms, accounfing busineses pouvak inveslment companis 0ades Costing to accounts. Fon example accounting fiom can utiliae Job Can individeal client manage Considea each in dividual client as a Job. businesses () medical seavice Job Can Use Costing to considcon each patient / bll individual Job. as an bom di fronent theior spe cifi cahon, apparopociate. (Iv) When execuled Jobs ane customeos accouding to Job costing is

(v) when alike e two oondeas no Q9re Cach 0a des/ Job Special tareatment, needs Cos ting Job Sceit able (w) cwhen the woak imporognes diffes from posiod to pesiod numbes of Jobs in hand then on the basis of the Job costing 18 appsro poiate gituation 34ch 12 what items Job Cost 8heet? are tiacked on includes Job Cost sheet uuadly > Customer name s adaess -> Job naimbea » date stastedç Cormplefed. -> digect mat erial y disect bbour » oveorheady