What information is reflected on a production report?
The department manger of a company submits a Production Report at the end of every period. The following information is reflected on the production report:
1. Number of units in the beginning work in process i.e Opening Stock.
2. Number of units completed (includes opening stock and part of units introduced during the period).
3. Number of units in the ending work in process i.e Closing Stock and their estimated stage of completion.