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Job-order costing can be used only in manufacturing environments.
Job Cost Sheets
Documents that track the direct materials, direct labor, and manufacturing overhead for a specific job in a manufacturing process.
Time Tickets
Documents used to record the amount of time an employee spends on various tasks, often used for payroll or job costing.
Direct Labor
The wages and related benefits of employees who are directly involved in the production of goods or services.
Materials Requisition
The process of requesting and withdrawing materials from inventory for use in the production process or for other operational needs.
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