COST ACCOUNTING
INTRODUCTION TO COST ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following costs is recorded on the job cost sheet?
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Direct materials cost
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Direct labor cost
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Manufacturing overhead cost
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All of the above
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Explanation:
Detailed explanation-1: -In a job-order costing system, a job-cost sheet is used to record all manufacturing costs. These costs include direct material, direct labor and manufacturing overhead. Actual direct material and actual direct labor costs will generally be used since these costs are traceable to the product.
Detailed explanation-2: -Job Cost Sheet normally consists of 4 major components: Direct Materials. Direct Labour. Manufacturing Overhead.
Detailed explanation-3: -Answer and Explanation: The correct answer is a. 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.
There is 1 question to complete.