Lernkarten

Julia Rawyler
Karten 26 Karten
Lernende 1 Lernende
Sprache English
Stufe Universität
Erstellt / Aktualisiert 24.05.2021 / 26.06.2021
Lizenzierung Keine Angabe
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0 Exakte Antworten 10 Text Antworten 16 Multiple Choice Antworten
Fenster schliessen

Under a job order system, the company assigns costs to each job, or each batch of goods, to fill a specific customer order or replenish inventory.


Chapter 2
True

False

Fenster schliessen

Manufacturing costs incurred in a job order system are accumulated by debits to Purchases, Factory Labor, and Manufacturing Overhead.


Chapter 2
True

False

Fenster schliessen

Each debit to Work in Process Inventory must be accompanied by a corresponding posting to one or more job cost sheets.


Chapter 2
True

False

Fenster schliessen

Manufacturing overhead costs cannot be traced directly to a specific job.


Chapter 2
True

False

Fenster schliessen

The requisition of factory supplies to production requires a debit to the Manufacturing Overhead account.


Chapter 2
True

False

Fenster schliessen

Actual overhead costs are debited to the Manufacturing Overhead account.


Chapter 2
True

False

Fenster schliessen

The entry to record the cost of goods sold includes a debit to Finished Goods Inventory.


Chapter 2
True

False

Fenster schliessen

A debit balance in the Manufacturing Overhead Account at the end of the period indicates that overhead has been overapplied.


Chapter 2
True

False