The basic document for keeping track of all costs in a job order costing system is a
A)job order cost card.
B)labor time card.
C)process cost report.
D)materials requisition form.

Question

Quizplus · Accepted Answer

A job order cost card is the basic document in a job order costing system where all costs related to a specific job are recorded, including direct materials, direct labor, and overhead costs. It contains important information such as job number, job name, date, product description, quantity, and cost details. The job order cost card is used throughout the job order costing process to accumulate costs and determine the total cost of each job. Therefore, option A is the correct choice. The other options are not the primary documents used in job order costing systems.

The Basic Document for Keeping Track of All Costs in a Job