ECONOMICS

Detailed explanation-1: -In absorption costing, nonmanufacturing costs are assigned to units of product. An employee time ticket is used to record points that are earned by employees based on the hours they worked that can be used to pay for coffee, food in the cafeteria, and even in some cases for vacation travel.

Detailed explanation-2: -A work ticket is a form that shows the time spent by an employee working on a particular job. It is used as a basis for billing the costs of direct labor to customers, and may also be used for calculating wages of employees who are paid by the hour.

Detailed explanation-3: -Answer and Explanation: The correct answer is a. Materials requisition slip. Material requisition slip is a document used to record the used direct materials or amount of direct materials that were transferred from raw materials to work in process account during the period.

Detailed explanation-4: -Job cost sheets contain entries for actual direct material, actual direct labor, and actual manufacturing overhead cost incurred in completing a job. A job cost sheet is used to record how much a customer pays for the job once the job is completed.