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1. The direct materials section of a job cost sheet shows the materials costs assigned to a job, but the direct labor section only shows
1. The direct materials section of a job cost sheet shows the materials costs assigned to a job, but the direct labor section only shows the total hours of labor allocated to the job.
True
False
2. A company's file of job cost sheets jobs not yet completed equals the balance in the Finished Goods Inventory account.
True
False
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