Question the assignment of direct labor cost to individual, Ask an Expert

Accounting

Question: The assignment of direct labor cost to individual jobs is based on:

estimated total payroll cost divided equally among all jobs in process.

the actual time spent on each job multiplied by the wage rate. an estimate of the total time spent on the job.

the estimated time spent on each job multiplied by the wage rate.

actual total payroll cost divided equally among all jobs in process.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92574774

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