Question
2.) In job-order costing, all of the following statements are correct with respect to labor time and cost except: a. The job cost sheet for
2.) In job-order costing, all of the following statements are correct with respect to labor time and cost except:
a. The job cost sheet for a given job will contain all direct labor charges to that particular job.
b. Time tickets are used to assign direct labor cost and indirect labor cost to specific jobs.
c. A machine operator performing routine annual maintenance work on a piece of equipment should charge the maintenance time to manufacturing overhead.
d. Labor cost for idle time caused by equipment breakdown is treated as part of manufacturing overhead.
e. An assembly laborer's total hours worked exceeds the regular time of 40 hours per week. That worker will receive time and a half wages for the hours that exceed 40 hours. The overtime premium should be charged to manufacturing overhead.
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