closing work-in-process

简明释义

期末在产品

英英释义

例句

1.The factory manager reviewed the closing work-in-process report to identify bottlenecks in production.

工厂经理审查了期末在制品报告，以识别生产瓶颈。

2.The financial analyst suggested improving the efficiency of the production line to reduce closing work-in-process.

金融分析师建议提高生产线的效率，以减少期末在制品。

3.The accountant is responsible for accurately reporting the closing work-in-process to ensure proper financial statements.

会计负责准确报告期末在制品以确保财务报表的准确性。

4.To calculate the cost of goods sold, we must first determine the closing work-in-process amount.

要计算销售成本，我们必须首先确定期末在制品的金额。

5.Before the month ends, we need to evaluate the closing work-in-process to adjust our inventory levels.

在月底之前，我们需要评估期末在制品以调整我们的库存水平。

作文

In the world of manufacturing and production, understanding various financial terms is crucial for efficient management and decision-making. One such term is closing work-in-process, which refers to the value of products that are partially completed at the end of an accounting period. This concept plays a significant role in determining the overall efficiency and productivity of a manufacturing operation.To grasp the importance of closing work-in-process, it is essential to first understand what work-in-process (WIP) entails. Work-in-process includes all materials, labor, and overhead costs incurred for products that are not yet finished. These costs accumulate as the product moves through different stages of production. For instance, if a company manufactures furniture, the wood, fabric, and labor costs associated with a chair that is only halfway assembled would be classified as WIP.At the end of an accounting period, businesses need to assess their inventory to prepare financial statements accurately. This is where closing work-in-process comes into play. It represents the total cost of unfinished goods that remain in production at the close of the period. This figure is vital for several reasons. Firstly, it helps businesses understand how much capital is tied up in production. If a company has a high amount of closing work-in-process, it may indicate inefficiencies in the production process or issues with demand forecasting.Moreover, the closing work-in-process figure is crucial for calculating the cost of goods sold (COGS). COGS is a key metric that reflects the direct costs attributable to the production of the goods sold by a company. To calculate COGS accurately, businesses must consider the beginning inventory, add the purchases made during the period, and subtract the closing work-in-process. This calculation ensures that businesses have a clear picture of their profitability and helps them make informed financial decisions.Another important aspect of closing work-in-process is its impact on cash flow. High levels of WIP can lead to cash flow problems, as funds are tied up in unfinished goods instead of being available for other operational needs. Therefore, companies must strive to manage their production processes effectively to minimize closing work-in-process and optimize cash flow.In summary, the term closing work-in-process encapsulates the value of unfinished goods at the end of an accounting period, reflecting the efficiency and effectiveness of a company's production processes. Understanding this concept is crucial for manufacturers as it directly impacts financial reporting, cash flow management, and overall business performance. By keeping a close eye on closing work-in-process, companies can identify areas for improvement, streamline operations, and ultimately enhance their profitability. As the manufacturing landscape continues to evolve, mastering such financial terms will remain essential for success in the industry.

在制造和生产的世界中，理解各种财务术语对高效管理和决策至关重要。其中一个术语是期末在制品，它指的是会计期间结束时部分完成的产品的价值。这个概念在确定制造操作的整体效率和生产力方面发挥着重要作用。要理解期末在制品的重要性，首先需要了解在制品（WIP）是什么。在制品包括所有材料、劳动力和间接费用，这些费用用于尚未完成的产品。这些成本随着产品在不同生产阶段的推进而累积。例如，如果一家公司制造家具，那么与一把仅组装到一半的椅子相关的木材、布料和劳动力成本将被归类为在制品。在会计期间结束时，企业需要评估其库存，以便准确准备财务报表。这就是期末在制品发挥作用的地方。它代表了在会计期间结束时仍在生产中的未完成商品的总成本。这个数字至关重要，原因有几个。首先，它帮助企业了解有多少资本被锁定在生产中。如果一家公司的期末在制品金额很高，可能表明生产过程中的低效率或需求预测的问题。此外，期末在制品的数字对于计算销售成本（COGS）至关重要。销售成本是一个关键指标，反映了与公司销售商品直接相关的成本。为了准确计算销售成本，企业必须考虑期初库存，加上期间内的采购，然后减去期末在制品。这个计算确保企业清晰地了解其盈利能力，并帮助他们做出明智的财务决策。期末在制品的另一个重要方面是其对现金流的影响。高水平的在制品可能导致现金流问题，因为资金被锁定在未完成的商品中，而不是可用于其他运营需求。因此，公司必须努力有效管理其生产流程，以最小化期末在制品并优化现金流。总之，术语期末在制品概括了会计期间结束时未完成商品的价值，反映了公司生产过程的效率和有效性。理解这一概念对于制造商至关重要，因为它直接影响财务报告、现金流管理和整体业务表现。通过密切关注期末在制品，公司可以识别改进领域，简化操作，并最终提高盈利能力。随着制造业环境的不断发展，掌握这样的财务术语将继续对行业的成功至关重要。