× The internal search function is temporarily non-functional. The current search engine is no longer viable and we are researching alternatives.
As a stop gap measure, we are using Google's custom search engine service.
If you know of an easy to use, open source, search engine ... please contact support@midrange.com.


  1.  Home
  2. BPCS-L
  3. April 2002

RE: Standard Costing


As per your example, If this WIP is converted to Finished goods the variance
will not effect the usage variance in the cost.
To do this your accountant can do the following:
Use standard cost to update the financials
Take another report for usage variance (Std. qty - Actual qty) * std cost.
Pass this amount to Usage variance

I thik this will solve his problem
Sarwar Ali

As an Amazon Associate we earn from qualifying purchases.

This thread ...
Follow On AppleNews
Return to Archive home page | Return to MIDRANGE.COM home page

This mailing list archive is Copyright 1997-2024 by midrange.com and David Gibbs as a compilation work. Use of the archive is restricted to research of a business or technical nature. Any other uses are prohibited. Full details are available on our policy page. If you have questions about this, please contact [javascript protected email address].

Operating expenses for this site are earned using the Amazon Associate program and Google Adsense.