1. I beg your pardon of the adhering to statements is correct concerning job-order costing?a. Job-order costing would certainly be ideal for an auto repair shop.b. All the costs showing up on a job price sheet space actual costs.c. Indirect materials are charged to a details job.d. Job-order costing is mostly used in firms through mass production of a homogeneous product such together oil refineries.


You are watching: Which of the following would usually be found on a job cost sheet under a normal cost system?

2. What source file is offered to determine the actual lot of straight materials to document on a job cost sheet?a. Bill of materialsb. Production orderc. Materials purchase orderd. Materials requisition form
3. In a job-order costing system, the applications of production overhead would be taped as a debit to:a. Production Overhead inventory.b. Finished goods inventory.c. Job-related in procedure inventory.d. Expense of goods Sold.
4. Heller Cannery, Inc., offers a predetermined overhead rate based on machine-hours to apply manufacturing overhead come jobs. The company estimated the it would certainly incur $510,000 in production overhead throughout the year and that it would job-related 100,000 machine-hours. The agency actually operated 105,000 machine-hours and incurred $540,000 in manufacturing overhead costs. By how much was manufacturing overhead underapplied or overapplied because that the year?a. $4,500 overappliedb. $4,500 underappliedc. $30,000 overappliedd. $30,000 underapplied
5. I m sorry of the adhering to would normally be found on a job cost sheet under a normal price system?Actual straight material cost_ yes, really MOHa. Yes................................................ Yesb. Yes................................................ Noc. No................................................. Yesd. No................................................. No
6. In a predetermined overhead rate in a job-order costing device that is based on machine-hours, which of the following would be used in the numerator and also denominator? numerator ______________ Denominatora. Really MOH ................... Actual an equipment hrsb. Yes, really MOH .................. Est. Maker Hrsc. Est. MOH ....................... Actual machine hrsd. Est. MOH ...................... Est. Maker hrs
Job 910 was freshly completed. The following data have been recorded on its job cost sheet:Direct Materials.................. $3,193Direct job Hours............ 21 labor HoursDirect labor Wage Rate.... $12 per job hrMachine Hours................... 166 device hrsThe firm applies production overhead ~ above the communication of machine-hours. The predetermined overhead rate is $15 every machine-hour. The full cost that would be taped on the job expense sheet for project 910 would certainly be:a. $3,220b. $3,760c. $5,935d. $3,445
Washtenaw Corporation offers a job-order costing system. The adhering to data is because that last year:Est. Direct Labor Hrs........ 12,000Est. MOH Costs................. $39,000Actual straight Labor Hrs.... 11,000Actual MOH Costs............. $37,000Washtenaw uses overhead using a predetermined rate based on direct labor-hours. What lot of overhead was applied to occupational in procedure last year?a. $39,050b. $42,600c. $35,750d. $36,960
Reamer company uses a predetermined overhead rate based on machine-hours to apply manufacturing overhead come jobs. The agency has detailed the following estimated costs for the following year:Direct Materials................................ $1,000Direct Labor...................................... $3,000Sales Commissions.......................... $4,000Salary of production supervisor..... $2,000Indirect Materials............................. $400Advertising expense........................ $800Rent on manufacturing facility Equipment............ $1,000Reamer approximates that 500 direct-labor hours and 1,000 machine-hours will certainly be worked throughout the year. The predetermined overhead price per hour will be:a. $6.80b. $6.00c. $3.00d. $3.40
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