In a job-order cost system, the subsidiary accounts for the Work in Process Inventory account are the:
A)Standard cost cards.
B)Job cost sheets.
C)Individual accounts payable accounts.
D)Cost of production report.

Question

Quizplus · Accepted Answer

Job cost sheets are the subsidiary accounts for the Work in Process Inventory account in a job-order cost system. Job cost sheets document the direct materials, direct labor, and manufacturing overhead costs for each specific job or order being produced.

In a Job-Order Cost System, the Subsidiary Accounts for the Work