A materials requisition is a source document used by materials managers of a manufacturing company to order raw materials from suppliers; it serves the same purpose as a purchase order in a merchandising company.
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Q22: Job order costing is applicable to manufacturing
Q23: A time ticket is a source document
Q24: The journal entry to record the purchase
Q25: The journal entry to record the usage
Q26: Materials requisitions and time tickets are cost
Q28: A time ticket is a source document
Q29: In nearly all job order cost systems,
Q30: The file of job cost sheets for
Q31: Only product costs are recorded on job
Q32: When a job is finished, its job
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