How do you account for the cost of medical equipment?

The cost of medical equipment includes: material cost, labor cost, and manufacturing cost.

(1) When producing and receiving materials

Borrow: production cost--medical equipment (material cost)

Loan: raw materials

(2) Production worker's salary

Borrow: production cost--medical equipment (labor cost)

Loan: payable wages

(3) Allocation of manufacturing expenses

Borrow : Production Costs - Medical Equipment (Manufacturing Fee)

Credit: Manufacturing Expenses

(4) Production Completion

Borrow: Finished Goods - Medical Equipment

Loan: Production Costs - Medical Equipment (Material Costs)

Loan: Production Costs - Medical Equipment (Labor Costs)

Credit: Production Costs - Medical Equipment ( Manufacturing Costs)