WebIt includes all of the indirect costs that cannot be directly or conveniently traced to a specific job. Job Cost Sheet In job order cost system, companies record these manufacturing costs on this document which provides a detailed record of the costs incurred to complete a specific job. Source Documents WebCosts that cannot be easily traced to cost-objects in a cost-effective manner are called _____ costs. indirect. Managers often use estimated, rather than actual, costs because _____. decisions are made before actual costs are available. Overhead is …
Be traced directly definition and meaning - Collins …
WebStudy with Quizlet and memorize flashcards containing terms like Cost objects include _____., Fantastic Furniture makes custom order couches. The material used to make a couch is a(n) _____ cost of the customer placing the order., A manufacturing cost that cannot be easily traced to a specific cost object is a(n) and more. WebA direct cost is one which. a. involves an actual outlay of cash for a specific cost object. b. can be traced to a specific cost object. c. cannot be traced to a specific cost object. d. is not worth the effort of tracing to a specific cost object. b. can be traced to a specific cost object. What determines the difference between a direct and ... the original factory shop shildon
Chapter 2 Flashcards Quizlet
WebStudy with Quizlet and memorize flashcards containing terms like Product Cost consist of a. direct materials b. direct labor c. factory overhead d. all are correct, All of the following are common methods of allocating factory overhead to products except the ___________ method a. single plantwide rate b. multiple production department rate c. activity-based … WebStudy with Quizlet and memorize flashcards containing terms like Any item for which cost data is desired is called a(n) _____ _____, Fantastic Furniture makes custom order couches. The material used to make a couch is a(n) _____ cost of the customer placing the order., A manufacturing cost that cannot be easily traced to a specific cost object is a(n) … WebDirect costs can be traced easily to a cost object. For example, raw materials can be traced directly to the product. Indirect costs, on the other hand, are difficult to or cannot be … the original factory shop shoreham