KCT Printing Company uses a job order cost system.
(a) Incicate the source of the data for increasing Work in Process for each of the following:
(1)Direct materials requisitioned

(2)Direct labor used

(b) Inclicate the source of the data for decreasing Work in Processs for jobs completed.
(c) Present a list of the three controlling accounts used in the general ledger to record the inventories and, in each case, inclicate the related subsicliary ledger.

Question

KCT Printing Company uses a job order cost system.
 (a) Incicate the source of the data for increasing Work in Process for each of the following:
(1)Direct materials requisitioned

(2)Direct labor used

(b) Inclicate the source of the data for decreasing Work in Processs for jobs completed.
(c) Present a list of the three controlling accounts used in the general ledger to record the inventories and, in each case, inclicate the related subsicliary ledger.

Quizplus · Accepted Answer

The Answer of KCT Printing Company uses a job order cost system.
 (a) Incicate the source of the data for increasing Work in Process for each of the following:
(1)Direct materials requisitioned

(2)Direct labor used

(b) Inclicate the source of the data for decreasing Work in Processs for jobs completed.
(c) Present a list of the three controlling accounts used in the general ledger to record the inventories and, in each case, inclicate the related subsicliary ledger.

KCT Printing Company Uses a Job Order Cost System