Thank you ajay so much for our response. I guess as we are using standard pricing system record the finish goods as per plan price but by posting variance we are actually balancing our CGS. Am i right? because in above case without Variance our CGS will not be actual in case all goods are sold. BECAUSE CGS will be booked by 1300 instead of 1500. by debiting Variance of 200 out PNL will be balanced. right?
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