Equipment testing fees accounting entries
Borrow: production costs (product testing before warehousing)
Manufacturing costs (workshop equipment testing, which can also be charged to overhead)
Management costs (management equipment testing)
Cost of goods sold (sales department equipment testing)
Loan: bank deposits
What is the selling cost? >What is cost of sales?
Selling expenses are the costs incurred in the process of selling goods and materials and providing labor services, including insurance, packaging, exhibition and advertising costs, commodity maintenance costs, expected product quality assurance losses, transportation costs, loading and unloading costs, etc., as well as for the sale of the enterprise's commodities and dedicated sales organizations (including sales outlets, after-sales service outlets, etc.) of the employee compensation, operating expenses, depreciation and other operating Expenses. Subsequent expenditures incurred by the enterprise in connection with the repair costs of fixed assets related to the dedicated sales organization shall be included in the selling expenses when they are incurred.
What is manufacturing overhead?
The indirect costs incurred by an enterprise for the production of products and the provision of labor services. Manufacturing costs include product production costs in addition to direct materials and direct wages in addition to all the rest of the production costs, including the enterprise production units (workshops, sub-factories) for the organization and management of production of all the costs incurred, as well as the production units incurred in the use of fixed assets and maintenance costs, specifically the following items: the production units of the management staff salaries, employee welfare costs, building construction costs, Labor protection costs, seasonal production and repairs during the downtime loss, etc..