Ch. 2 Job Order Costing
Tracing Costs
Ch. 2 Job Order Costing
Tracing Costs: Videos & Practice Problems
0
Concept
Tracing Direct Materials Cost to a Job
Video duration:
4m0
Example
Tracing Direct Materials Cost to a Job
Video duration:
15s0
Problem
Prisca’s Printing Co. needs to take specialty glitter ink out of their inventory to use on their next job order. When they take the glitter ink out of their inventory, which document would they use to track the cost of glitter ink to job the glitter ink is being used for?
A
Bill of Materials.
B
Materials Requisition Form.
C
Raw Materials Record.
D
General Journal.
0
Concept
Tracing Direct Labor Cost to a Job
Video duration:
2m0
Example
Tracing Direct Labor Cost to a Job
Video duration:
55s0
Problem
At what stage in the production process are time ticket traced?
A
Raw Materials Inventory.
B
Work in Process.
C
Finished Goods.
D
Costs of Good Sold.
