Generally period costs are classified as either A selling expenses or

Generally period costs are classified as either a

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126. Generally, period costs are classified as either A. selling expenses or production expenses.B. administrative expense or production expenses.C.selling expenses or administrative expenses.D. general expenses or selling expenses.127. The following are true regarding product costs except 128. Job cost sheets can provide information to managers for all but the following: 129. A difference in quantity of materials used on two comparable jobs may be caused by: 130. Which of the following would probably not be found in the accounting system of a service provider? A. Cost ledgerB.Finished jobs ledgerC. Deferred revenue accountD. Job cost sheets131. Which of the following entries would probably not be found on the books of a service provider? 132. In a job order cost accounting system used by a service business, which of the following items would normally not be included as part of overhead? 133. The direct labor and overhead costs of providing services to clients are accumulated in: 134. When a job is completed in a service organization, the job costs are transferred to the A. work in process account.B.cost of services account.C. finished goods account.D. cost of goods sold account.
135. The following budget data are available for Happy Company:Estimated direct labor hours12,000Estimated direct labor dollars$90,000Estimated factory overhead costs$179,000Actual direct labor hours11,500Actual direct labor dollars$92,000Actual factory overhead costs$180,000If factory overhead is to be applied based on direct labor dollars, the predetermined overhead rate is

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