Production Register

Component cost -item 1 25.00

Component cost -item 2 30.00

Total component cost  55.00

 

Overhead cost    5.00

Package cost    3.00

Labor cost    4.00

 

Total cost to produce
finished item   67.00

 

GL Distribution

 

DEBIT

CREDIT

** Inventory (Finished)

67.00

 

** Inventory (Components)

 

55.00

  *Overhead

 

5.00

  *Package

 

3.00

  *Labor

 

4.00

** MC Finished

 

55.00

** MC Components

55.00

 

* indicates GL number is created in the manufacturing GL posting control record.

** indicates GL number is created in the Inventory GL posting tables.

Finally, the user determines whether to post by branch in the MC to GL Posting Control F/M program. If set to Y, when building the GL distribution, the program inserts the branch assigned to the warehouse (in the IC Warehouse F/M) producing the materials (manufacturing the items).

Example: the G/L number is 120-00 and the branch is the last two characters (as set in the System Control F/M program). If the warehouse manufacturing the items is assigned branch 02, then if posting by branch, the G/L number posted is 120-02.