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In a job cost system, the Work-in-Process Inventory controlling account may be reconciled to the total of the: Multiple Choice Materials requisitions. Employee time cards. Job cost sheets. Work-in-Process Inventory records for each department or process.

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Answer:

The correct answer is letter "B": Job cost sheets.

Explanation:

Work-in-Process or WIP is the cumulative cost of unfinished products currently under production. Companies producing large or custom items usually use a WIP inventory system. The WIP ledger is formed by many different job cost sheets where the manufacturing accumulated cost for each job is recorded.

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