Which of the following costs is NOT included on a job-order cost sheet?
A)direct material costs
B)applied factory overhead costs
C)direct labor costs
D)actual factory overhead costs

Question

Quizplus · Accepted Answer

Actual factory overhead costs are not included on a job-order cost sheet. Instead, applied factory overhead costs are recorded on the job-order cost sheet, which is an estimated amount of overhead costs applied to each job based on a predetermined overhead rate. At the end of the period, the actual overhead costs are compared to the applied overhead costs and any difference is recorded in the factory overhead account.

Which of the Following Costs Is NOT Included on a Job-Order