This is a \'post-first discussion forum There are currently 9 threads in this fo

Question

This is a 'post-first discussion forum There are currently 9 threads in this forum. Join the tion by creating a thread Enter Chapter 15 in the Subject Box This is a required activity. You must post before viewing other students posts. Answer the lead question. Additionally, expand the discussion by posting two responses to your peers' posts Chapr 15 Lead Q n Post this s es. You learn the company is not satisfied with the holiday decorations and display items. To show your abilities, you plan to recommend that the company use a job order you management. The system for the interview, prepare notes outining the following mendation and why it is suitable for this company 3. How the documents in part 2 facilitate the operation of the job order accounting system 3:00 PM seatch

Explanation / Answer

Requirement 1 It is appropriate for the company to use job order costing system, as we facing the following situations 1 When jobs are meant for different customers according to their specifications. 2 when no two orders are alike 3 When each order or each job requires special treatment 4 Where WIP differs from time to time on the basis of No. of jobs in hand at different stages of completion. 5 It helps to get the timely information about jobs and Inventory. Requirement 2 The general descriptions of the documents the prososed system requires. 1 Job Cost Sheet 2 Materials Requisition forms 3 Time tickets Requirement 3 The above documents facilitate the operation of the job accounting system. 1 Job Cost Sheet It helps in getting the information like Job No., customer, Job started date, job finished date, Jobs delivered date, information related to materials, labor and overhead 2 Materials Requisition forms This document helps in getting information like how much materials is consumed by work in Process of jobs How much materials we have taken from raw materials inventory. 3 Time tickets It is basically helpful in knowing the how much time is spent by workers on which job.

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