1.

"Which of the following statements is/are correct?1. A materials requisition note is used to record the issue of direct material to a specific job.2. A typical job cost will contain actual costs for material, labour and production overheads, and non –production overheads are often added as a percentage of total production cost.3. The job costing method can be applied in costing batches"$

A. (1) only
B. (1) and (2) only
C. (1) and (3) only
D. (2) and (3) only
Answer» D. (2) and (3) only


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