Hi..
If you use “product cost by order” method to calculate COGM, you should understand how to calculate WIP.
WIP amount = Input amount(Debit amount) – standard cost for FG.
So, PUP price for 40 qty is calculated by standard cost for FG.
Hi..
If you use “product cost by order” method to calculate COGM, you should understand how to calculate WIP.
WIP amount = Input amount(Debit amount) – standard cost for FG.
So, PUP price for 40 qty is calculated by standard cost for FG.