Question

A source document that an employee uses to report how much time was spent working on a job or on overhead activities and that is used to determine the amount of direct labor to charge to the job or to determine the amount of indirect labor to charge to factory overhead is called a: Multiple Choice Payroll Register. Factory payroll record. General Ledger. Time ticket. Factory Overhead Ledger.

Answer 1

The correct answer is letter "D": Time ticket.

Step-by-step explanation:

Time tickets are documents usually presented in small cards that are used to record employees' active working hours. Their entrance and exit on the day are registered or every time they need to leave from work to perform activities that are not subject to the operations of the firm. As well, time tickets are useful to track employees' overtime.

In a broader scope, time tickets can be used to determine the overhead that should be assigned to a piece of work whether if it represents direct or indirect labor.