The cost sheets for incomplete jobs at the end of the period comprise the subsidiary ledger for

Question

Quizplus · Accepted Answer

The subsidiary ledger for incomplete jobs at the end of the period is known as the work in process inventory. Work in process inventory is made up of the costs of partially completed products, including the materials, direct labor, and overhead costs. Therefore, the cost sheets for incomplete jobs would be included in the work in process inventory subsidiary ledger.

The Cost Sheets for Incomplete Jobs at the End of the Period