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1. When job order costing is used in a service business, the allocation of direc

ID: 2378873 • Letter: 1

Question

1. When job order costing is used in a service business, the allocation of direct labor costs is normally based on direct labor hours, and the allocation of indirect costs is normally based on the indirect labor hours.

True

False


2. Which of the following would NOT be considered a manufacturing overhead cost?

Depreciation of plant equipment

Direct Labor Cost

Plant Utilities Cost

Indirect Labor


Answer

Answer


Answe

debit to Finished goods $5,440, and a credit to Materials inventory $5,440. debit to Cost of goods sold $5,440, and a credit to Finished goods $5,440. debit to Finished goods $5,440, and a credit to Work in process $5,440. debit to Work in process $5,440, and a credit to Finished goods $5,440.

Explanation / Answer

true

plant utilities cost