8. Question content area top

Part 1

The basic source document for direct manufacturing labor is the ________.

Question content area bottom

Part 1

A. materials-requisition record

B. job-cost record

C. labor-requisition record

D. labor-time record

9.Question content area top

Part 1

Oil refining companies primarily use job costing to estimate costs.

Question content area bottom

Part 1

True

False

10.Question content area top

Part 1

The actual costs of all individual overhead categories are recorded in the Manufacturing Overhead Control account.

Question content area bottom

Part 1

True

False

11.Question content area top

Part 1

A job-cost record uses information from ________.

Question content area bottom

Part 1

A. a materials-requisition report to record the type and quantity of item received in an order from a supplier

B. the bill of materials to ensure the goods are of the prescribed quality

C. a labor-time card to record an employee's wage rate and hours spent on a particular job

D. a materials-requisition record to record raw material purchases from suppliers