Question
When managers want maximum detail in their cost reports, they should use A.Phases B.Cost types C.Cost codes D.All of the above What are job costs?
When managers want maximum detail in their cost reports, they should use
A.Phases
B.Cost types
C.Cost codes
D.All of the above
What are job costs?
A.The costs incurred in operating a business
B.The revenue and expenses connected with inventory
C.The materials, labor, and other items required to complete job
D.None of the above
The Sage 50 job costing system tracks
A.The estimated revenue and expenses for each job
B.The actual revenue and expenses for each job
C.The profit for each job
D.All the above
Which of the following job cost reports would management consult to see how much profit the business made from a completed job?
A.Estimated Job Expenses
B.Job Profitability Report
C.Estimated Job Revenue
D.Job Register
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