Bar Code Scanning May Best Be Utilized in the Receiving

question 100

Multiple Choice

Bar code scanning may best be utilized in the receiving process to accomplish which of the following?

• A) Identify goods arriving automatically in conjunction with a count.
• B) Notify the shipper that product has arrived.
• C) Order new items on behalf of the purchasing department.
• D) Record inventory that has been written off the books.

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Definitions:

Factory Wages Payable

Liabilities owed by a company for labor costs associated with the manufacturing process that have not yet been paid.

Work in Process Inventory

Items that are in the production process but are not yet complete, representing one of the stages in the inventory cycle.

Underapplied Overhead

Occurs when the allocated manufacturing overhead costs are less than the actual overhead costs incurred.

Job Order Costing System

An accounting method that collects costs of materials, labor, and overhead for specific jobs, suitable for customized or unique products.