What are job cost sheets, and how are they used in a job-order costing system?

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Job cost sheets are used to accumulate the costs of direct materials, direct labor, and applied overhead for an individual job. A separate job cost sheet would be prepared for each job. While a job is still in process, the job cost sheets serve as detailed records for work in process; when the job is completed, the job cost sheets provide cost information for finished goods inventory.

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