ECONOMICS

COST ACCOUNTING

MANUFACTURING OVERHEAD

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The source of information for assigning costs to job cost sheets are:
A
invoices, time tickets, and the predetermined overhead rate.
B
materials requisition slips, time tickets, and the actual overhead costs.
C
materials requisition slips, payroll register, and the predetermined overhead rate.
D
materials requisition slips, time tickets, and the predetermined overhead rate.
Explanation: 

Detailed explanation-1: -The source documents for assigning costs to job cost sheets are: materials requisition slips, time tickets, and the predetermined overhead rate.

Detailed explanation-2: -Three major source documents in job-costing are: Job-cost records

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