Job Order Costing MCQs

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Which of the following manufacturers is most likely to use a job order accounting system?






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In a job order cost accounting system, which account would be debited in recording a purchase invoice for raw materials?






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In a job order cost accounting system, which account would be debited in recording a materials requisition for direct materials?






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The predetermined overhead rate is $6.10 per direct labour hour. Job 213 required 210 direct labour hours of which 150 hours were incurred during the ...






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Production reports for the second quarter show the following data: .tg {border-collapse:collapse;border-spacing:0;} .tg td{border-color:black;bor...






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Direct materials used: $20,000 Factory overhead: $40,000 Beginning goods in process: $0 Ending goods in process: $12,000 Cost of goods manufacture...






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Company records show the following data: .tg {border-collapse:collapse;border-spacing:0;} .tg td{border-color:black;border-style:solid;border-wid...






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Job 21 was unfinished at the end of the accounting period. The total cost assigned to the job is $12,000 of which $3,000 is direct material. Factory o...






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The production costs to produce one unit of finished goods was $45. Direct materials were 1/3 of the total cost, and direct labour was 40% of the comb...






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The overapplied balance of the Factory Overhead ledger account is $36,000, a significant amount. The ending balances of Goods in Process Inventory, Fi...






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The recording of the cost of materials used in a job-order costing system:






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As manufacturing moves toward automation, direct labour:






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Under a job costing system, the dollar amount of the entry involved in the transfer of inventory from work in process to finished goods is the sum of ...






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Compute the amount of direct materials used during August if $25,000 of raw materials was purchased during the month and the inventories were as follo...






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Jackson, Inc. has the following estimated costs for the next year: Direct materials, $ 5,000; Direct labour, $19,000; Rent on factory building, $16,00...






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Worton, Inc. used a predetermined overhead rate during 2002 of $3 per direct labour hour, based on an estimate of 24,000 direct labour hours to be wor...






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