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Former Member
Nov 28, 2008 at 09:22 AM

Flow of entries in Product Costing


Hi Exeprts,

I would like to know one clarification regarding JE in Product costing

Example : Ram Materials issues against Prod Order Rs.1000

Labour Utilized Rs.500

Overheads Applied Rs.250

So the the product worth is Rs.1750\- and receiving this as inwards in to FG stock

Please explain me the entries in this flow from Mat Issue to Sale of the Material.

I will give good points to your answer.