Cost Of Production Report page

Cost Of Production Report pagemeans description of the total manufacturing cost of an item. In which includes charges to a processing department and the allocation of the total cost between the ending work-in-process inventory and the units completed and transferred out to the next department or finished goods inventory.

Costing By Departments

Costing By Departments: The nature of manufacturing operations in firms using process or job order cost procedures is usually such that work on product takes place in several departments. With either procedure, departmentalization of materials, labor, and factory overhead costs facilitates application of responsibility