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Former Member
Apr 08, 2013 at 11:00 AM

How standard price affects sale price in disposal process

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Sir

I want to know How standard price affects sale price in disposal process or vice a versa.

e.g. If I maintain a Rs 100 as standard price for any disposal material and after auction it sells for Rs 500. How will it affect accounting etc.

What price I shall maintain as standard price initially when sale price is not known?

Regards

Amit