Which of the following costs is NOT included on a job-order cost sheet?

Name: Which of the following costs is NOT included on a job-order cost sheet?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Actual factory overhead costs are not included on a job-order cost sheet. Rather, applied factory overhead costs are included on the cost sheet. This is because applied factory overhead is an estimated cost, whereas actual factory overhead costs are only known once the period has ended and the cost accounting process has been completed.

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