Question 1: What is the job order costing?
Question 2: A is a form prepared for each separate job that records the materials, labour, and overhead costs charged to the job.
Question 3: What is POHR and how do we determine it?
Question 4: Job WR53 at NW Fab, Inc. required $400 of direct materials and 20 direct labour hours at $30 per hour. Estimated total overhead for the year was $790,000 and estimated direct labour hours were 50,000. What would be recorded as the cost of job WR53?
Question 5: Salaries expense incurred are $40000. Pass journal entry.