Click and drag on elements in orderList the following documents in the order in which they are used when recording direct labor costs in job order costing, with the first document on top.InstructionsDrag and drop application.Choice 1 of 3. Job cost sheets toggle buttonJob cost sheetsChoice 2 of 3. Factory wages payable toggle buttonFactory wages payableChoice 3 of 3. Time tickets toggle buttonTime tickets
Question
Click and drag on elements in orderList the following documents in the order in which they are used when recording direct labor costs in job order costing, with the first document on top.InstructionsDrag and drop application.Choice 1 of 3. Job cost sheets toggle buttonJob cost sheetsChoice 2 of 3. Factory wages payable toggle buttonFactory wages payableChoice 3 of 3. Time tickets toggle buttonTime tickets
Solution
The order in which these documents are used when recording direct labor costs in job order costing is:
- Time tickets
- Factory wages payable
- Job cost sheets
Here's why:
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Time tickets: These are the first documents used. They record the amount of time an employee spends on a specific job. This is the initial documentation of direct labor costs.
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Factory wages payable: After the time spent on a job is recorded, the wages payable to the employee for their time are calculated. This is typically done by multiplying the time recorded on the time tickets by the employee's hourly wage rate.
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Job cost sheets: Finally, the calculated wages are recorded on the job cost sheets. These sheets keep track of all costs associated with a specific job, including direct materials, direct labor, and manufacturing overhead. The direct labor cost recorded is based on the information from the time tickets and the calculated wages payable.
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