I. 1 2 w 4 5 6 7 00 8 9 10 Classify the ff.a is to: Direct Material (DM), Direct Labor (DL), Manufacturing Overhead (MOH), (AD) and Selling (SE) Expense. Pick your answer in the drop down list Description Administrative Classification Wages of Company Officials other than plant supervisors Sales Personnel Salaries Electricity used by a manufacturing company's administrative office Paper used by Printing Company Depreciation of plant and machineries Factory Supplies Lumber used by a furniture manufacturing company Inventory control clerks salaries Wage of a baker in a bakeshop Factory maintenance personnel

I. 1 2 w 4 5 6 7 00 8 9 10 Classify the ff.a is to: Direct Material (DM), Direct Labor (DL), Manufacturing Overhead (MOH), (AD) and Selling (SE) Expense. Pick your answer in the drop down list Description Administrative Classification Wages of Company Officials other than plant supervisors Sales Personnel Salaries Electricity used by a manufacturing company's administrative office Paper used by Printing Company Depreciation of plant and machineries Factory Supplies Lumber used by a furniture manufacturing company Inventory control clerks salaries Wage of a baker in a bakeshop Factory maintenance personnel

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 11MC: In a job order cost system, which account shows the overhead used by the company? A. work in process...

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In a job order cost system, which account shows the overhead used by the company? A. work in process inventory B. finished goods inventory C. cost of goods sold D. manufacturing overhead
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T F 1. Cost accounting systems measure, record, and report product costs. T F 2. A job order cost system tracks costs from materials inventory to work in process inventory to finished goods inventory to cost of goods sold. T F 3. A job order cost system provides product costs for each manufacturing department or process. T F 4. A receiving report indicates the quantity of materials received and the condition of th- materials received. T F 5. The predetermined factory overhead rates equals estimated total factory overhead costs divided by the minimum activity base. T F 6. Over-applied factory overhead occurs when less than the total factory overhead is applied. T F 7. Work in Process includes direct materials cost, direct labor cost, and applied factory overhead costs. T F 8. Period costs are added to the finished goods account. T F 8. A job order cost system can be used by managers for cost evaluation and control. T F 10. A materials ledger is a separate ledger for each type of work in…
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