Which One of the Following Appears on the Job Cost

question 50

Multiple Choice

Which one of the following appears on the job cost sheet?

• A)the cost to date of all completed jobs
• B)the total materials purchased during the year
• C)direct materials chargeable to a specific job
• D)the total cost of goods sold

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Definitions:

Days Sales Outstanding

A measure of how long it takes a company to collect payment after a sale has been made, indicating the efficiency of the company's credit and collection policies.

Sales

The activities involved in selling products or services, or the total amount of goods or services sold.

Times-Interest-Earned Ratio

A fiscal indicator that evaluates a firm's capacity to satisfy its debt commitments utilizing its present income.

Operating Costs

Expenditures that are necessary for the day-to-day operations of a business, including costs related to manufacturing, sales, and administration.