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.