VII. Each job in production has a job order _________________. A. Has space for
ID: 2419391 • Letter: V
Question
VII. Each job in production has a job order _________________.
A. Has space for direct materials, direct labor, and overhead costs.
B. Includes the job order number, product specifications, customer name, date of order, projected completion date, and a cost summary.
C. For incomplete jobs, they make up the _______________ ledger for the Work in Process Inventory account.
D. When a job is completed, the costs are totaled on the _____________________.
1. Unit cost is computed to _____________ items in inventory.
2. Product ___________ Cost = Total Costs for Job ÷ Number of Good Units Produced
VIII. Job order costing systems are also used in ______________ organizations.
A. Job order cost cards track ________________ contracts.
Explanation / Answer
VII. - Cost sheet
C. Subsidiary ledger.
D. Job cost sheet.
1. Completed.
2. Unit.
VIII. - Manufacturing and Service organizations.
A. Completed,Work in process.
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