6. Costing Techniques

Job Costing — Quiz

Test your understanding of job costing with 5 practice questions.

Practice Questions

Question 1

Which of the following would typically be recorded on a job costing sheet?

Question 2

A company allocates overhead to jobs based on machine hours. If Job X used 25 machine hours and the predetermined overhead rate is $$ \$10 $$ per machine hour, what is the total overhead allocated to Job X?

Question 3

Which of the following is the best example of a direct labor cost in job costing?

Question 4

If a job requires $$ \$400 $ in direct materials, $ 20 $ direct labor hours at $ \$15 $ per hour, and overhead is applied at $ \$8 $$ per direct labor hour, what is the total cost of the job?

Question 5

Which of the following statements about overhead allocation in job costing is true?