Question

Which of the following statements about job-order costing is not true? Materials are traced to jobs...

Which of the following statements about job-order costing is not true?

Materials are traced to jobs using materials requisition forms. I

ndirect labor is traced to jobs using time tickets.

Manufacturing overhead cannot be traced directly to jobs, so it is assigned using an overhead allocation rate.

Manufacturing overhead costs are applied to jobs by crediting the Manufacturing Overhead account and debiting it to Work in Process Inventory.

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Answer #1

Indirect labour are manufacturing overhead so it does not traced to jobs using time tickets.

so Materials are traced to jobs using materials requisition forms is true.

Manufacturing overhead cannot be traced directly to jobs, so it is assigned using an overhead allocation rate. True.

Manufacturing overhead costs are applied to jobs by crediting the Manufacturing Overhead account and debiting it to Work in Process Inventory.True.

so answer is b) Indirect labor is traced to jobs using time tickets.

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