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Done 3:20 5G Assignments > Assignment 1 - Chapter 3 (Flowchart) Assignment 1 - Chapter 3 (Flowchart) Hide Assignment Information Instructions Please complete a document flowchart in Excel that depicts the process below. Grading will be based upon: 1. readability of the chart (i.e., easy to follow and read) 2. reasonableness of the depicted process (i.e., the chart adequately/thoroughly depicts the process) 3. correct flowcharting technique (i.e., use of proper shapes and methodology) Upload your completed document flowchart to Brightspace by the due date provided. DO YOUR OWN WORK! Pella Corp., a manufacturer of doors, has specific procedures for recording raw materials and transferring them to work-in-process. Your task is to create a document flowchart that visually outlines the key steps and documents involved in this raw materials recording and transfer process. The raw materials process includes the following steps: 1. Receipt of Raw Materials: Submit Cancel w materials with the corresponding receiving report the Done 3:20 5G The raw materials process includes the following steps: 1. Receipt of Raw Materials: Upon receiving raw materials with the corresponding receiving report, the storage clerk prepares a "Stock-In Report" that includes the part number and quantities received. The original "Stock-In Report" is filed by date for record keeping and a copy is sent to the inventory clerk in the accounting department. 2. Inventory Record Update: The inventory clerk in accounting uses the received "Stock-In Report" to update the perpetual inventory records using standard costs. The inventory clerk files the "Stock-In Report" by date for reference. 3. Raw Materials Requisitions: The manufacturing clerk prepares "Raw Materials Requisitions" indicating the part numbers and quantities required for production. Requisitions are submitted to the supervisor of manufacturing for approval. 4. Supervisor Approval: The supervisor of manufacturing reviews and approves the "Raw Materials Submit ed Cancel roved requisition is sent Done 3:21 4. Supervisor Approval: 5G The supervisor of manufacturing reviews and approves the "Raw Materials Requisitions." A copy of the approved requisition is sent to the inventory clerk, while the original is filed by job order for production reference. 5. Inventory Clerk Processing: The inventory clerk reviews the requisitions for completeness. The inventory clerk transfers the cost of raw materials from inventory to the "Work-in-Process" account. Requisitions are filed by date for record keeping. Due on Sep 24, 2023 11:59 PM Available on Sep 11, 2023 12:01 AM. Submission restricted before availability starts. Submit Assignment Files to submit * (0) file(s) to submit After uploading, you must click Submit to complete the submission. Add a File Submit Record Audio Cancel Done 3:20 5G Assignments > Assignment 1 - Chapter 3 (Flowchart) Assignment 1 - Chapter 3 (Flowchart) Hide Assignment Information Instructions Please complete a document flowchart in Excel that depicts the process below. Grading will be based upon: 1. readability of the chart (i.e., easy to follow and read) 2. reasonableness of the depicted process (i.e., the chart adequately/thoroughly depicts the process) 3. correct flowcharting technique (i.e., use of proper shapes and methodology) Upload your completed document flowchart to Brightspace by the due date provided. DO YOUR OWN WORK! Pella Corp., a manufacturer of doors, has specific procedures for recording raw materials and transferring them to work-in-process. Your task is to create a document flowchart that visually outlines the key steps and documents involved in this raw materials recording and transfer process. The raw materials process includes the following steps: 1. Receipt of Raw Materials: Submit Cancel w materials with the corresponding receiving report the Done 3:20 5G The raw materials process includes the following steps: 1. Receipt of Raw Materials: Upon receiving raw materials with the corresponding receiving report, the storage clerk prepares a "Stock-In Report" that includes the part number and quantities received. The original "Stock-In Report" is filed by date for record keeping and a copy is sent to the inventory clerk in the accounting department. 2. Inventory Record Update: The inventory clerk in accounting uses the received "Stock-In Report" to update the perpetual inventory records using standard costs. The inventory clerk files the "Stock-In Report" by date for reference. 3. Raw Materials Requisitions: The manufacturing clerk prepares "Raw Materials Requisitions" indicating the part numbers and quantities required for production. Requisitions are submitted to the supervisor of manufacturing for approval. 4. Supervisor Approval: The supervisor of manufacturing reviews and approves the "Raw Materials Submit ed Cancel roved requisition is sent Done 3:21 4. Supervisor Approval: 5G The supervisor of manufacturing reviews and approves the "Raw Materials Requisitions." A copy of the approved requisition is sent to the inventory clerk, while the original is filed by job order for production reference. 5. Inventory Clerk Processing: The inventory clerk reviews the requisitions for completeness. The inventory clerk transfers the cost of raw materials from inventory to the "Work-in-Process" account. Requisitions are filed by date for record keeping. Due on Sep 24, 2023 11:59 PM Available on Sep 11, 2023 12:01 AM. Submission restricted before availability starts. Submit Assignment Files to submit * (0) file(s) to submit After uploading, you must click Submit to complete the submission. Add a File Submit Record Audio Cancel
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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