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Former Member
Jan 18, 2011 at 11:03 AM

Goods receipt from Process order

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We have created a process order. However, there has not been a standard cost run done for this material. Because of that target costs are not updated for this order. If we do the goods receipt from this order, what price will be used for debiting and crediting the entries i.e. dr. inventory a/c and cr. cogm a/c. ?