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3 years ago

5. What is the purpose of a Job Cost Sheet? What type of information is included in one?

Business

1 answer:

Naddik [55]3 years ago

6 0

Answer:

The purpose of a job cost sheet is to record the various costs that went into the manufacturing of a product or the provision of a service. This will enable the company know how much the process cost so that the company can understand the cost of the product better and make informed decisions based on this.

The information generally included in a job cost sheet include:

Direct labor hours
Direct materials used and their cost
Material requisition number
Manufacturing overhead rate and the basis (eg labor hours or machine hours).
Total cost of production.

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Wells Company reports the following sales forecast: September, $55,000; October, $66,000; and November, $80,000. All sales are o

irakobra [83]

Answer:

Total= $65,100

Explanation:

Giving the following information:

Wells Company reports the following sales forecast: September, $55,000; October, $66,000; and November, $80,000.

Collections of credit sales are received as follows: 25% in the month of sale, 60% in the first month after sale, and 10% in the second month after sale. 5% of all credit sales are written off as uncollectible.

Cash collection November:

November= 80,000*0.25= 20,000

From October= 66,000*0.6= 39,600

From September= 55,000*0.10= 5,500

Total= $65,100

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4 years ago

If demand is relatively elastic and supply is relatively inelastic, who would we expect to bare most of the cost of a tax?.

Tcecarenko [31]

It’s the bare to the macy

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3 years ago

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White raven [17]

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3 years ago

Sal has heard a lot about his town's country club. He heard it has a great golf course, tennis courts, and dining room. In addit

Anna11 [10]

Answer:

An aspiration referral group

Explanation:

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That means it is his wish to join the group, this reflects clearly that the group is an aspirational referral group.

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3 years ago

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AlladinOne [14]

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3 years ago