Job Cost Sheets Can Provide Information to Managers for All

question 24

Multiple Choice

Job cost sheets can provide information to managers for all but which of the following?

• A)Cost impact of materials changes
• B)Cost impact of continuous improvement in the manufacturing process
• C)Cost impact of materials price or direct labor rate changes over time
• D)Utilities,managerial salaries,and depreciation of computers in the corporate office

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Definitions:

Labour and Overhead

A combination of direct labor costs and indirect costs (overhead) associated with the production of goods or services.

Blending Department

A division in a manufacturing or processing plant where ingredients are combined to produce a final product.

Weighted-Average Method

This method calculates inventory and cost of goods sold values by averaging the costs of all goods available for sale, weighting them according to their quantities.

Labour and Overhead

Combined costs associated with the workforce (labour) and indirect expenses (overhead) necessary for production but not directly tied to specific units of product.