Answer:
B) Inventory Direct Materials, Direct Labour and Manufacturing overhead
Explanation:
In job costing, the determinants of cost are labour, material and overheads. A job order costing or job costing is a costing method used to cost jobs. Features of job order costing are:
1) It must be custom made that is, it must carry descriptions. This is usually based on methods.
2) Time frame is short.
3) The price for the job depends on the cost of material, labour and overhead.
The procedures of job order costing are; job identification, job description and job evaluation. Job evaluation involves the total cost of material, labour and overhead. Job identification involves tagging of the requirements needed for the job. While job description involves the necessary things to be done for the job to be completed.
