Chapter 2 Flashcards
1
Q
job cost sheet
A
records the direct materials,labor, and manufacturing overhead costs charged to the job
2
Q
bill of materials
A
a document that lists the quantity of each type of direct material needed to complete a unit of the product
3
Q
materials requisition form
A
specifies the type and quantity of materials to be drawn from the storeroom and identifies the job that will be charged for the cost of the materials
(actually going to the warehouse to get materials)
4
Q
time ticket
A
an hour by hour summary of the employees activities throughout the day
5
Q
job order costing
A
used where many different products are produced
6
Q
examples of job order costing
A
custom home builder, wedding planner
