A cost accountancy system the accumulates expenses for each production department or procedure is referred to as aprocess price system.client price system.job order cost system.department price system.

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The purpose of a cost bookkeeping system is todetermine taxes to be paid.measure, record, and also report product costs.determine the accuracy the the jae won statements.determine just how much each customer will certainly be billed because that shipping on purchases.
A task order will certainly be used by which of the adhering to manufacturing companies?custom limousine factorycandy factorypencil factorypaper bath towel factory
During July, the Jamal firm incurred manufacturing facility overhead together follows: utilities, $6,500; gathered depreciation, $2,500; and indirect salaries, $3,600. I m sorry of the adhering to journal entries is correct?Factory Overhead, $12,600 Dr.; Utilities Payable, $6,500 Cr.; built up Depreciation, $2,500 Cr.; earnings Payable, $3,600 Cr.
Factory Overhead, $12,600 Dr.; Utilities Payable, $6,500 Cr.; built up Depreciation, $2,500 Cr.; wages Payable, $3,600 Cr.
The estimated spending plan for factory overhead is $90,000 and also the estimated straight labor hours is 9,000. Actual factory overhead is $99,000. What is the predetermined overhead rate?$0.10$10$0.11$11
Joelle Company built up 530 hours of direct labor prices on project 233 and 615 hours on task 234. The full direct labor was occurs at a price of $20 per direct labor hour. Which of the complying with journal entries is correct?Wages Payable $22,900 Dr. And also Work in process $22,900 Cr.Direct job $22,900 Dr. And Wages Payable $22,900 Cr.Factory Overhead $22,900 Dr. And Wages expense $22,900 Cr.Work in procedure $22,900 Dr. And Wages Payable $22,900 Cr.
In a task order costing system, ____________ make up the occupational in process ledger.materials requisitionsjob price sheetsNone of these selections are correct.receiving reports
Job cost sheets deserve to be supplied fordetermining top quality issues.determining profits.All of these selections are correct.determining the accuracy of project quotes.
A task order costing system can be used toreconcile financial institution records with book records.control costs.estimate manufacturing facility overhead costs.determine period costs.
A job order expense system have the right to be supplied by a hospital toevaluate a patient"s progress.charge patients with solutions provided.establish defense policies.evaluate quality care.
The job order cost system because that a service business includes all of the following exceptmaterials inventory.work in process.overhead.cost that services.
In company companies, _________ is supported by a price ledger v a job price sheet because that each client.Cost of ServicesWork in ProcessNone the these choices are correct.cash got for a service
A law firm, Morris & Morris, accumulates costs connected with individual cases using a job order expense system. On august 5, the firm charged 200 hrs of skilled (lawyer) time come the Micro solution Co. Breech that contract fit to prepare for the trial, in ~ a rate of $340 per hour. What is the journal entry because that this transaction?Debit job-related in process and credit wages Payable for $68,000.
A process cost system will be supplied by all of the complying with manufacturing companies exceptan oil refinery.a tradition sailboat factory.an ice cream factory.a pencil factory.
A task order will certainly be used by which of the adhering to manufacturing companies?candy factorypencil factorycustom limousine factorypaper towel factory
Which of the complying with is the flow of production costs?materials, work in process, price of goods sold, perfect goodswork in process, materials, finished goods, cost of items soldmaterials, job-related in process, perfect goods, expense of items soldfinished goods, work in process, price of items sold
Joelle Company accumulated 530 hrs of straight labor prices on task 233 and 615 hours on task 234. The total direct job was occurs at a price of $20 per straight labor hour. I m sorry of the adhering to journal entries is correct?Direct job $22,900 Dr. And Wages Payable $22,900 Cr.Factory Overhead $22,900 Dr. And Wages expense $22,900 Cr.Wages Payable $22,900 Dr. And also Work in process $22,900 Cr.Work in procedure $22,900 Dr. And also Wages Payable $22,900 Cr.
Job expense sheets have the right to be used fordetermining profits.All of these choices are correct.determining quality issues.determining the accuracy of project quotes.
A baking agency has determined that direct material prices are increasing. Every one of the complying with are factors why this may be true exceptthe range is malfunctioning.the fruits offered in baking room out of season.cakes are being sold at a one-of-a-kind rate during the month.a new baker has been hired that is not familiar with the ingredients.

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The job order expense system for a service service includes every one of the complying with exceptwork in process.overhead.materials inventory.cost of services.
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