1.When using a job cost system, which of the following will not appear on a job cost sheet?

a- None of the answer choices is correct.

b- Manufacturing overhead applied.

c- Direct materials.

d- Actual manufacturing overhead incurred.

e- Direct labor.

2. The entry to record depreciation on the factory building should include a:

a- None of the answer choices is correct.

b- debit to Cost of Goods Sold.

c- debit to Work in Process Inventory.

d- credit to Work in Process Inventory.

e- debit to Manufacturing Overhead.

3.The law firm, Keen and Sholer, assigns overhead to clients based on direct labor hours using normal costing. During June, they compiled the following information regarding hours worked and costs:

Actual direct labor hours 900 hours Actual overhead costs $7,200 Estimated direct labor hours 1,000 hours Estimated overhead costs $9,000

For June, overhead was:

a- $900 underapplied.

b- None of the answer choices is correct.

c- $900 overapplied.

d- $720 overapplied.

e- $720 underapplied.

4. If the under- or overapplied overhead amount is considered to be material, which of the following accounts would be the least likely to be used when closing the Manufacturing Overhead account at the end of the period? a- Finished Goods Inventory.

b- Cost of Goods Sold.

c- None of the answer choices is correct.

d- Raw Materials Inventory.

e- Work in Process Inventory.

5. Adams Company placed $2,000 of direct materials into production. Which one of the following journal entries should Jones record for this transaction?

a- None of the answer choices is correct.

b- Work in Process Inventory 2,000 Raw Materials Inventory 2,000

c- Work in Process Inventory 2,000 Manufacturing Overhead 2,000

d- Raw Materials Inventory 2,000

Accounts Payable 2,000

e- Manufacturing Overhead 2,000 Raw Materials Inventory 2,000

6. The entry to record wages owed to the production supervisor should include a debit to: a- Wages Payable.

b- None of the answer choices is correct.

c- Manufacturing Overhead.

d- Wages Expense.

e- Work in Process Inventory.

7. All of the following are examples of firms who would use job costing except: a- An interior designing firm.

b- A sport drink manufacturing company.

c- A custom sailboat builder.

d- None of the answer choices is correct.

e- An automobile repair business.