Production
Report Used in Cost Accounting
|
| Part # 1 | Part# 2 | Part# 3 | |
| Operation | 10 | 20 | 10 |
| Pcs Produced | 1000 | 800 | 350 |
| Production Hours | 6 | 3 | 12 |
| Downtime Hours | 2 | .50 | 4 |
| Pcs per Hour | 167 | 267 | 29 |
| Std Pcs per Hour | 300 | 300 | 200 |
| Actual vs Std per hr | -133 | -33 | -171 |
We can see from this report that none of our jobs have met the standard pieces per hour. Part 3 has seriously missed the standard.
What the Cost Accountant should do after running this report
- Look for the
serious problems like part 3 and maybe part 1.
- Find out why
the
parts per hour were so low.
- Make notes on the report of findings.
This way when management gets this report they will appreciate that a lot of the work has been done for them. They can concentrate on the important task of correcting the problems that led to low production per hour.
Other cost accounting reports:
Scrap Report
Cost of Goods Sold Report
Biggest Losers Report
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