
Chapter 4
Authored by Aira Casaverde
Other
University
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50 questions
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1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
The document that serves as the basis for recording direct labor on a job cost sheet is the time card.
True
False
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
The document that serves as the basis for recording direct labor on a job cost sheet is the time ticket.
True
False
3.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Labor costs are the worker’s payroll needed to convert raw materials into finished products.
True
False
4.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Wages paid to factory supervisor’s are considered as direct labor.
False
True
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Direct labor costs are charged to Factory Overhead control account.
True
False
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Direct labor costs are wages paid to workers who are direct engaged in the conversion of raw materials to finished goods.
False
True
7.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Labor cost control requires correct time keeping and improvement in the method of production.
False
True
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