AT&T 10:19 AM asuonline.alasu.edu 22) A job cost shoet shows information about e
ID: 2334632 • Letter: A
Question
AT&T 10:19 AM asuonline.alasu.edu 22) A job cost shoet shows information about each of the following items except: A) The costs incurred by the marketing department in selling the job B) The overhead costs assigned to the job C) The direct materials costs assigned to the job. D) The direct labor costs assigned to the El The name of the customer job. 23) In comparison to a general accounting system, a cost accounting system fora manufacturing company places an emphasis om A) Continually updating costs of malcrials work in peocess, and Einished goods B) Large volume operations ivolving standardized peodacts C) Periodic inventory counts D) Products and average E) Total costs 24) The target cost for a job using job costing is cakculated as: 24) A) diract costs-desired peofit B) expoctod selling price-desired peofit Cdirect costs+ desired prodit. D) expected selling price-direct costs E)expocted selling price + desired profit 25) The joèorder cosheets used by Greene Company revealed the Sollowing: Job, No 134 135 136 Bal May S 1,700 1,200 May Production Costs Job No. 133 was completed during May and Jobs No. 134 and 135 were shipped to customers in May. What was the company's cost of goods sold for May and the Work in Process inventory on May 31 A) 53,200, 5900 B) 52,900, $1,200 C) $4,100 S0 D) S1,700, $1,200 E)31.300 $2.900 26) Job order costing sysems sormally we A) General inventory systems. B) Periodic inventory systems C Real inventory systems D) Weighted average inventory systems E) Perpetual invemory systemsExplanation / Answer
22) a job cost sheet shows information about each of the following items except.
Answer is "A"
A. The Costs incurred by the marketing department in selling the job.
23) in comparison to a general accounting system a cost accounting system for a
manufacturing company places an emphasis on :
The Answer is "A"
A. Continually updating costs of materials, goods in process, and finished goods inventories.
24) The target cost for a job using job costing is calculated as:-
The Answer is "B"
B. Expected Selling Price - Desired Profit
26) Job order costing systems normally use :-
The Answer is "E"
E. Perpetual Inventory systems.