Asked by
Verified
In a job-order costing system, which of the following events would trigger recording data on a job cost sheet?
A) the purchase of direct materials
B) the payment of fire insurance on the factory building
C) the payment for product advertising
D) none of the choices
Job-order Costing System
An accounting method that assigns costs to specific production batches or projects, tracking the direct and indirect costs involved.
Job Cost Sheet
A form that records the direct materials, direct labor, and manufacturing overhead cost charged to a job.
Direct Materials
Raw materials that can be directly associated with the manufacturing of a product and are included in the product's cost.
- Pinpoint and record varying categories of expenditures (direct, indirect, raw materials, labor) in a job-order costing scheme.
Verified Answer
Learning Objectives
- Pinpoint and record varying categories of expenditures (direct, indirect, raw materials, labor) in a job-order costing scheme.
Related questions
During July at Loeb Corporation, $83,000 of Raw Materials Were ...
In October, Raddatz Incorporated Incurred $73,000 of Direct Labor Costs ...
During June, Buttrey Corporation Incurred $67,000 of Direct Labor Costs ...
During June, Buttrey Corporation Incurred $78,000 of Direct Labor Costs ...
In a Job-Order Costing System, Indirect Labor Cost Is Usually ...