A source document that an employee uses to record the number of hours at work and...
A source document that an employee uses to record the number of hours at work and that is used to determine the total labor cost for each pay period is a:
Select one: a. Job cost sheet. b. Hours-of-production sheet. c. Time ticket. d. Job order ticket. e. Clock card.
Homework Answers
| A source document that an employee uses to record the number of hours at work and that is used to determine the total labor cost for each pay period is a Clock card. |
| Clock card is used to record start and end times for each employee to calculate the number of hours at work which is used to determine total labor cost for each pay period. |
| Option E Clock card is correct |
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A source document that an employee uses to record the number of hours at work and...
Having trouble finishing this T-Shirts Unlimited Following are a number of source documents for a custom...
Having trouble finishing this
T-Shirts Unlimited Following are a number of source documents for a custom T-shirt printing business. The business owner has approached you to help determine why the business is not making much money. The printing process uses a newly developed printer that uses special inks instead of a screen press. By avoiding the screen press process, the costs, labor and chemicals involved with making screens, cleaning screens, and cleaning presses is eliminated. Also, turnaround time is much...
For each of the following independent situations, give the source document that would be referred to...
For each of the following independent situations, give the source document that would be referred to for the necessary information. 1. Direct materials costing $460 are requisitioned for use on a job. 2. Greiner’s Garage uses a job-order costing system. Overhead is applied to jobs based on direct labor hours. Which source document gives the number of direct labor hours worked on Job 2005-276? 3. Pasilla Investigative Services bills clients on a monthly basis for costs to date. Job 3-48...
Source Documents and Cost Flows in Job-Order Costing In job-order costing, the individual costs of each...
Source Documents and Cost Flows in Job-Order Costing In job-order costing, the individual costs of each job must be kept track of separately. The costs of each job are kept track of on a job-order cost sheet. The job-order cost sheets are subsidiary records to the account. Each job order cost sheet includes the unique name assigned to the job (e.g., Smith House for a construction firm, or 2014-001 for the first job of 2014 for a custom framing shop)....
QUESTION 7 Which one of the following best describes a job cost sheet? It is a form used to record the costs charge...
QUESTION 7 Which one of the following best describes a job cost sheet? It is a form used to record the costs chargeable to a specific job and to determine the total and unit costs of the completed job It is used to track manufacturing overhead costs to specific jobs. It is used by management to understand how direct costs affect profitability It is a daily form that management uses for tracking worker productivity on which employee raises are based...
Question 22 2 pts A source document that production managers use to request materials for production...
Question 22 2 pts A source document that production managers use to request materials for production and that is used to assign materials costs to specific jobs or to overhead is a: Job cost sheet Production order Materials requisition. Materials purchase order. Receiving report Question 42 Kayak Company uses a job order costing system and locaties its own teatre labor costs. Kayak Company's production costs for the year wert.dredbe materials, $50,000, and factory overhead applied $6.000. The predetermined 5.0% 12.0%...
ob Order Cost Sheet Remnant Carpet Company sells and installs commercial carpeting for office buildings. Remnant...
ob Order Cost Sheet Remnant Carpet Company sells and installs commercial carpeting for office buildings. Remnant Carpet Company uses a job order cost system. When a prospective customer asks for a price quote on a job, the estimated cost data are inserted on an unnumbered job cost sheet. If the offer is accepted, a number is assigned to the job, and the costs incurred are recorded in the usual manner on the job cost sheet. After the job is completed,...
Job Cost Sheet Remnant Carpet Company sells and installs commercial carpeting for office buildings. Remnant Carpet...
Job Cost Sheet Remnant Carpet Company sells and installs commercial carpeting for office buildings. Remnant Carpet Company uses a job order cost system. When a prospective customer asks for a price quote on a job, the estimated cost data are inserted on an unnumbered job cost sheet. If the offer is accepted, a number is assigned to the job, and the costs incurred are recorded in the usual manner on the job cost sheet. After the job is completed, reasons...
Ob Order Cost Sheet Remnant Carpet Company sells and installs commercial carpeting for office bui...
ob Order Cost Sheet Remnant Carpet Company sells and installs commercial carpeting for office buildings. Remnant Carpet Company uses a job order cost system. When a prospective customer asks for a price quote on a job, the estimated cost data are inserted on an unnumbered job cost sheet. If the offer is accepted, a number is assigned to the job, and the costs incurred are recorded in the usual manner on the job cost sheet. After the job is completed,...
The document that lists the total cost for a single job is a job-order cost sheet....
The document that lists the total cost for a single job is a job-order cost sheet. materials requisition form. time ticket. purchase order. None of these are correct.
Job Cost Sheet Remnant Carpet Company sells and installs commercial carpeting for office buildings. Remnant Carpet...
Job Cost Sheet Remnant Carpet Company sells and installs commercial carpeting for office buildings. Remnant Carpet Company uses a job order cost system. When a prospective customer asks for a price quote on a job, the estimated cost data are inserted on an unnumbered job cost sheet. If the offer is accepted a number is assigned to the job, and the costs incurred are recorded in the usual manner on the job cost sheet. After the job is completed, reasons...
Having trouble finishing this
T-Shirts Unlimited Following are a number of source documents for a custom T-shirt printing business. The business owner has approached you to help determine why the business is not making much money. The printing process uses a newly developed printer that uses special inks instead of a screen press. By avoiding the screen press process, the costs, labor and chemicals involved with making screens, cleaning screens, and cleaning presses is eliminated. Also, turnaround time is much...
Source Documents and Cost Flows in Job-Order Costing In job-order costing, the individual costs of each job must be kept track of separately. The costs of each job are kept track of on a job-order cost sheet. The job-order cost sheets are subsidiary records to the account. Each job order cost sheet includes the unique name assigned to the job (e.g., Smith House for a construction firm, or 2014-001 for the first job of 2014 for a custom framing shop)....
QUESTION 7 Which one of the following best describes a job cost sheet? It is a form used to record the costs chargeable to a specific job and to determine the total and unit costs of the completed job It is used to track manufacturing overhead costs to specific jobs. It is used by management to understand how direct costs affect profitability It is a daily form that management uses for tracking worker productivity on which employee raises are based...
Question 22 2 pts A source document that production managers use to request materials for production and that is used to assign materials costs to specific jobs or to overhead is a: Job cost sheet Production order Materials requisition. Materials purchase order. Receiving report Question 42 Kayak Company uses a job order costing system and locaties its own teatre labor costs. Kayak Company's production costs for the year wert.dredbe materials, $50,000, and factory overhead applied $6.000. The predetermined 5.0% 12.0%...
ob Order Cost Sheet Remnant Carpet Company sells and installs commercial carpeting for office buildings. Remnant Carpet Company uses a job order cost system. When a prospective customer asks for a price quote on a job, the estimated cost data are inserted on an unnumbered job cost sheet. If the offer is accepted, a number is assigned to the job, and the costs incurred are recorded in the usual manner on the job cost sheet. After the job is completed,...
ob Order Cost Sheet Remnant Carpet Company sells and installs commercial carpeting for office buildings. Remnant Carpet Company uses a job order cost system. When a prospective customer asks for a price quote on a job, the estimated cost data are inserted on an unnumbered job cost sheet. If the offer is accepted, a number is assigned to the job, and the costs incurred are recorded in the usual manner on the job cost sheet. After the job is completed,...
Job Cost Sheet Remnant Carpet Company sells and installs commercial carpeting for office buildings. Remnant Carpet Company uses a job order cost system. When a prospective customer asks for a price quote on a job, the estimated cost data are inserted on an unnumbered job cost sheet. If the offer is accepted a number is assigned to the job, and the costs incurred are recorded in the usual manner on the job cost sheet. After the job is completed, reasons...
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