"Fake return" is also called "fake return" or "inventory return" and is generally used in companies with a large variety of raw materials and complex accounts. The full amount of raw materials used in normal times is included in the "main business cost, production cost" and other accounts. At the end of the month, the materials are returned through inventory and the remaining raw materials are flushed back to calculate the actual consumption cost.
The balance of the previous period + the amount received in this period - the balance of this period (the amount of false withdrawal) = the actual cost of this period
Debit: 5500 for raw materials?
Debit: Production cost 5,500
Then it will be reversed at the beginning of the next month and included in the "main business cost, production cost" account
Debit: Production cost 5,500?
Debit: Raw materials 5,500?
Debit: cash on hand 10,000
Credit: bank deposit? 10,000
The false withdrawal in accounting means that it will have been used at the end of the month. An accounting process in which raw materials that are not actually used are filled out with a red-letter picking list and returned to the warehouse; at the same time, a blue-lettered picking list is filled in at the beginning of next month and returned in equal amounts, without moving the physical objects.
"False withdrawal means that the physical objects of these auxiliary materials are not circulated, and are kept by the workshop, but the book circulation records of withdrawal and withdrawal must be recorded in the account." False withdrawal is just an account statement. You can return it to the warehouse online, and you don’t need to go through the collection procedures when you want to use it again.
Extended information:
Production cost consists of three parts: direct materials, direct labor and manufacturing overhead. Direct materials refer to the labor objects in the production process, which are processed into semi-finished products or finished products, and their use value subsequently becomes another use value; direct labor refers to the human resources consumed in the production process, which can be used Calculation of wages and welfare fees;
Manufacturing overhead refers to facilities such as factories, machines, vehicles and equipment, as well as machine materials and auxiliary materials used in the production process. Part of their consumption is calculated through depreciation. The other part is included in the cost through maintenance, fixed expenses, machine material consumption and auxiliary material consumption.
Production cost is the sum of direct costs, direct labor and indirect manufacturing costs incurred by industrial enterprises to produce a certain type and quantity of products. The enterprise's raw material consumption level, equipment utilization, labor productivity, and advanced product technology will all be reflected in production costs. In other words, the control of production costs can reflect the effect of an enterprise's production and operation work.
Baidu Encyclopedia-Production Cost