Solved

Match Each of the Following Phrases with the Term (A-E)

Question 167

Matching

Match each of the following phrases with the term (a-e) that it most closely describes it. Each term will be used only once.

Premises:
these make up the work in process subsidiary ledger
serves as the basis for recording direct labor on a job cost sheet
serves as the basis for recording materials used
prepared when materials that have been ordered are received and inspected
the process by which factory overhead is assigned to a cost object
Responses:
job cost sheets
receiving report
cost allocation
time tickets
materials requisitions

Correct Answer:

these make up the work in process subsidiary ledger
serves as the basis for recording direct labor on a job cost sheet
serves as the basis for recording materials used
prepared when materials that have been ordered are received and inspected
the process by which factory overhead is assigned to a cost object
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