Unformatted text preview: 2301-Know how to do Journals.
job-order costing- identical but wont cost the same.
--Many different products are produced each period.
--Products are manufactured to order.
*labor can cost more. 2 guys work at a different pace.
EX:1. Boening-price gas changes, labor change Obj 2. Job Order Costing- Overview
1.Direct Materials –The materials that are needed for the job.
2.Direct Labor – Workers
3.Manufacturing Overhead- is applied to jobs that are in process.
Example:security guard guarding the new building. Electricity bill for the workers. COST TO BUILD
Job Cost Sheet
Simple cost the departments labor and overhead
Requisition Form- Form for the material needed for the job needed.
Employee Time Ticket- How much workers get paid for.
Document Flow summary
Indirect materials-bolts, nails(estimate of how much will be used)
PERIOD COST: Salary expense of employees who work in a marketing, selling,
or administrative capacity ...
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- Spring '09
- job cost sheet, Boening-price gas changes, Requisition Form- Form, Employee Time Ticket