Hi all,

I posted the start to this question in another forum and the answer I got lined up with what I was thinking so it led to a follow up that is more appropriate for this forum. From that forum, it seems like a mistake I had been making was not properly attribute our production waste to the COGS. What is happening is we will run a lot code for 2 weeks so I have it set up in our Fishbowl inventory as X pounds of raw ingredient = Y product yield. I will not know until the end of that run if we actually yielded more or less product overall. Due to the pace at which we work, there is no way to really measure the true output from one day's worth of work. What I had been doing is scrapping any leftovers, which in hindsight seems to be wrong but now I have a few months of scrapped dollars that really should have gone to cost of goods sold (as I best understand it). What I thought of doing is when I know we're done, attribute anything extra to the last entry into Fishbowl which would just cause the COGS for that single day of production to be possibly substantially off. Will this matter or is there a better way for me to do this? Thanks all, all of this is a great learning experiencing and I appreciate the support.