The exercise illustrates the use of source documents unique to job order costing such as the job cost sheet, time tickets, and materials requisition forms.
unit costs and total costs), and begins to keep track of the entire job's costs via a Job Cost Sheet (see Figure 4 for the Job Cost Sheets).
Teaching opportunity: Explanation of a Job Cost Sheet.
They should gain this understanding by summarizing the production cost on their job cost sheet.
Teams enter job cost information (the job name, product description) on the job cost sheet.
The remaining copy returns to production with the material, where it is used as the source document to record raw materials on the job cost sheet.
To visualize how costs "attach" when parts are assembled; to learn how to construct a job cost sheet.
They simultaneously create job cost sheets and build work-in-process inventory.
Simultaneously construct LEGO[R] product prototypes and job cost sheets for partially completed and fully completed lunar transportation vehicles.
The forms consist of a job cost sheet, material requisition forms, time sheets, raw material inventory cards, and receiving reports (see Exhibit 1 in instructors' notes for all simulation forms).
The T account represents the job cost sheet prepared by the team during production.
The team accountant completes the job cost sheet, using material requisition forms, time tickets, and predetermined factory overhead rates.