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Parucular product or batch of products are recorded on the A) materials requisition form B) labor time ticket C) time card D) job-cost record 3.

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Parucular product or batch of products are recorded on the A) materials requisition form B) labor time ticket C) time card D) job-cost record 3. In a job-order system, accountants apply factory overhead costs to Work-In-Process Inventory by using the The company does not use activity-based costing. A) actual overhead costs B) budgeted indirect costs for value chain functions C) budgeted overhead rate D) actual overhead rte 4. Direct materials of $10,000 are requisitioned by the production supervisor for the production area. Job-order costing is used. The journal entry to record this transaction is: A) Direct Materials Inventory $10,000 Accounts payable $10,000 B) Direct Materials Inventory $10,000 Work-In-Process Inventory $10,000 C) Work-In-Process Inventory $10,000 Direct Materials Inventory $10,000 D) Finished Goods Inventory $10,000 Direct Materials Inventory | 1 al LT.pdf

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