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Aug 23, 2023 at 03:18 AM

Costing run

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Please provide below Ans.

1. when can costing run to be done whether starting month ( fisrt week ) or end of month. and which one stanadrd practice.

2. Once costing done for current month can we again run costing for the same month at the end.

3. Does costing run effect any Gl account when costing run is done

4. When costig run is done. price change will pass or effect any entry. suppose prvious month for product x cost is 100 but in current month product x cost is 110, so system will pass any entry for 10

5. costing run can be done only by material and overhead, suppose we have 1 FG product - so to produce FG we need 5 Raw material and 10% overhead is maintain ( including all dierct and indirect cost)

6. costing run to be done only for FG & SFG Or for Raw material & packing maetrial also