What information is found in the cost of production report?
A) the units planned to be produced by a department
B) the fixed costs and the physical units processed by the department
C) the manufacturing costs incurred by the department and the variable costs
D) the physical units processed and the manufacturing costs incurred by the department

Question

Quizplus · Accepted Answer

The cost of production report provides information on the physical units processed by a department and the manufacturing costs incurred by the department. This includes direct materials, direct labor, and manufacturing overhead costs. The report does not typically include information on planned units or fixed costs.

What Information Is Found in the Cost of Production Report