Each account in the work in process subsidiary ledger in a job order costing system is called a job cost sheet.

Work in Process Subsidiary Ledger

A detailed account that tracks the costs of unfinished goods in the manufacturing process at any given time.

Job Cost Sheet

A document that records and tracks the costs associated with a specific job or project, including materials, labor, and overhead.

Grasp the significance of ongoing inventory management systems and the upkeep of controlling ledgers as well as ancillary records in the context of job order costing.

Verified Answer

Final Answer :

True

Explanation :

Each account in the work in process subsidiary ledger in a job order costing system is called a job cost sheet.

Learning Objectives

Grasp the significance of ongoing inventory management systems and the upkeep of controlling ledgers as well as ancillary records in the context of job order costing.