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Unformatted text preview: 15-1In-Class Exercises~Ex 15-1The left column lists the titles of documents and accounts used in job order cost accounting. The right column presents short descriptions of the purposes of the documents. Match each document in the left column to its numbered description in the right column.A.VoucherB.Materials requisitionC.Factory Overhead accountD.Clock CardE.Factory Payroll accountF.Materials Ledger cardG.Time ticket1.Shows amount of time an employee works on a job.3.Temporarily accumulates incurred labor costs until they are assigned to specific jobs or to overhead.5.Shows only total time an employee works each day.7.Perpetual inventory record of raw materials received, used, and available for use.9.Shows amount approved for payment of an overhead or other cost.10.Temporarily accumulates the cost of incurred overhead until the cost is assigned to specific jobs.11.Communicates the need for materials to complete a job.15-2~Ex 15-4As of the end of June, the job cost sheets at Tracer Wheels, Inc., show the following total costs As of the end of June, the job cost sheets at Tracer Wheels, Inc....
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This note was uploaded on 02/11/2012 for the course ACCT 3013 taught by Professor Dancer,w during the Spring '08 term at Arkansas State.
- Spring '08
- Cost Accounting