Question: A source document that production managers use to request materials for production and that is used to assign materials costs to specific jobs or to
A source document that production managers use to request materials for production and that is used to assign materials costs to specific jobs or to overhead is a A. Job cost sheet. B. Production order. C. Materials requisition. D. Materials purchase order. E. Receiving report. Oxford Company uses a job order costing system. In the last month, the system accumulated labor time tickets total $24,600 for direct labor and $4,300 for indirect labor. hese costs were accumulated in Factory Payrollas they were paid. Which entry should 5. Oxford make to assign the Factory Payroll? A. Debit Payroll Expense $28,900; credit Cash $28,900. B. Debit Payroll Expense $24,600, debit Factory Overthend S4,300, credit Factory Payroll C. Debit Work in Process Inventory $24,600; debit Factory Overhead S4,300; credit Factory $28,900. Payroll $28,900 D, Debit Work in Process Inventory $24,60, debit Factory Overhead $4,300; credit Wages Payable $28,900. E. Debit Work in Process Inventory $28,900; credit Factory Payroll $28,900. 6. Labor costs in production can be: A. Direct or indirect. B. Indirect or sunk. C. Direct or payroll. D. Indirect or payroll. E. Direct or sunk
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