Which of the following does NOT appear in the production report?
A)costs transferred from prior departments
B)costs added in the department
C)physical units passing through the department
D)retail value of the units produced

Question

Quizplus · Accepted Answer

The production report is a document that summarizes the activity for a specified production department within a specific period. It typically includes three sections: (1) Physical flows, (2) Equivalent units and unit costs, and (3) Cost assignment. The report contains information about the physical units that have passed through the department (C) and the costs that have been transferred from prior departments and the costs that have been added in the current department (A and B). However, it does not contain the retail value of the units produced, which is not relevant for evaluating the department's performance. Therefore, the answer is D.

Which of the Following Does NOT Appear in the Production