Background: WIP Register
Use the WIP Register (WIPR) program to print a listing of good and scrapped pieces for operation sequences on a manufacturing order and update the general ledger if you have inventory interfaced to the GL. See Overview: Interfacing Inventory to GL and Road Map for more information.
When you print the WIP Register, these documents print in this order:
Seq |
Document |
Comments |
1 |
Preview register |
Review to be sure that it is correct. |
2 |
Preview journal |
If these options are selected:
|
3 |
Final register |
If this option is selected:
|
4 |
Final journal |
If these options are selected:
|
The register includes this information:
Manufacturing branch
Manufacturing order number
Operation sequence
Department number
Parent item number
Work center number
Machine number
Operation code
WIP entry sequence
Operation type: DIRECT, OVERHEAD, REWORK, MACHINE
Number of good pieces
Number of scrapped pieces
Direct labor rate
Hours per piece
Labor cost: (Good pieces + Scrap pieces) x Hours per piece x Direct labor rate
Overhead cost: (Labor cost x Overhead percent) x .01
Total cost: Labor cost + Overhead cost
% complete
Total labor, Overhead, and Total cost
If a component is scrapped or rejected
Sequence
Item number
Quantity scrapped
Quantity rejected
Standard unit cost
Scrap extension: Quantity scrapped x Standard unit cost
Reject extension: Quantity rejected x Standard unit cost
The register includes these totals:
Cost: Labor cost + Overhead cost
Value of scrapped component: Quantity scrapped x Standard unit cost
Value of rejected components: Quantity rejected x Standard unit cost