Question

In: Accounting

1. The amount of time spent by an employee on an individual job are recorded on...

1.

The amount of time spent by an employee on an individual job are recorded on

a. employees' earnings records

b. time tickets

c. in-and-out cards

d. pay stubs

2.

Period costs are

a. classified as direct labor, direct material, or factory overhead

b. found on the balance sheet

c. not involved in the production process

d. found on the job order cost sheets

3.

During the period, labor costs incurred on account amounted to $175,000, including $150,000 for production orders and $25,000 for general factory use. In addition, factory overhead charged to production was $32,000. The entry to record the direct labor costs is

a. Work in Process                  150,000

      Wages Payable                                       150,000

b. Work in Process                  175,000

      Wages Payable                                       175,000

c. Wages Payable                    150,000

      Work in Process                                     150,000

d. Wages Payable                   175,000

     Work in Process                                       175,000

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