Costs and Manufacturing Overhead

what is the formula for predetermined overhead rate
-estimated manufacturing overhead cost divided by estimated

which of manufacturing overhead
-it can, it must be a manufacturing, indirect

labor costs that are easily traced to a job
-direct

which of indirect labor cost examples
-maintenance

into which of the companies classify manufacturing cost
-direct labor, manufacturing, direct, materials

a factor that causes overhead costs is called
-cost driver

what kinds of costs are assigned to units of product in absorption costing
-variable manufacturing, fixed manufacturing

a journal entry that debits raw materials and credits accounts payable is recording the
-purchase of materials

put the steps for calculating direct materials on the schedule of cost of goods manufactured in order
-raw materials inventory, add, total, deduct raw, raw materials, deduct indirect

what account is debited for the issuance of direct materials
-work in process

a job cost sheet contains
-manufacturing, materials, labor

when a job is completed its costs are transferred out of
-finished goods

smith inc uses a job order costing system with the predetermined overhead direct materials + direct labor+pre overdead rate*actual machine-hours=43200

what is the formula for applying overhead to a specific job
-predetermined

which costs can be directly traced to a particular product
-direct labor, direct materials what is debited in the debited in the journal entry to record the purchase of materials
-raw materials

what accounts are debited in the journal ..production
-work in process and manufacturing

manufacturing overhead costs
-are indirect, consist

What is credited in the journal…materials
-accounts payable

the schedule of cost of goods
-manufactured

Manufacturing overhead costs consist of all manufacturing costs other direct
-true

Which of included in total cost if a job
-applied, direct materials, direct