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5 Cards in this Set
- Front
- Back
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Job Order Costing System
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approach to assigning costs
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Process-Costing System
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Process output for a period is measured, then unit costs are computed by dividing the process costs by the output of the period.
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Materials Requisition Forms
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used to assign DM costs to each job
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Time Tickets
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used to track the hours worked by DL on each job
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Job-Order Cost Sheet
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prepared for every job; the subsidiary to the WIP account and is the primary document for accumulating all costs related to a particular job
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