Serve as the basis for recording direct labor on a job cost sheet

A) Job cost sheets
B) Materials requisitions
C) Receiving report
D) Time tickets
E) Cost allocation

Question

Serve as the basis for recording direct labor on a job cost sheetA) Job cost sheetsB) Materials requisitionsC) Receiving reportD) Time ticketsE) Cost allocation

Tanvi Bhagat · Accepted Answer

Final Answer : D, Explanation :  Time tickets are used to record direct labor on a job cost sheet. Materials requisitions are used to record the use of materials on a job. Receiving reports are used to record the receipt of materials. Job cost sheets are used to accumulate costs for a particular job or project. Cost allocation is the process of assigning indirect costs to a particular product or department.

Serve as the basis for recording direct labor on a job cost sheet

A) Job cost sheets
B) Materials requisitions
C) Receiving report
D) Time tickets
E) Cost allocation

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