Question

What information a job cost sheet contains?

Answer 1

Answer :-

Job Cost Sheet = A job cost sheet is a record of all expenses relating to a single job or job segment. The job cost sheet is used to maintain the record of each job in a Job-order Costing System.

Companies that use a job order cost accounting system try to segregate costs by job to see how much each product or job lot costs to make. In Other words, they want to know what the unit price is per product produced.

A job cost sheet usually includes the customer name, address, job number, job description, date started, date completed , and estimated completion date.

The costs for the job are recorded on the sheet during the production process. This usually happens in three categories: direct materials, direct labor, and overhead.