أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
Hope the following info will help to answer your question:
There is no unanimity of opinion among Cost Accountants regarding the disposition of variances. The following are commonly used methods for their disposition.
1. Transfer all variances to Profit and Loss Account. Under this method, stock of workin-progress, finished stock and cost of sales are maintained at standard cost and variances arising are transferred to profit and loss account.
2. Distributing variances on pro-rata basis over the cost of sales, work-in-progress and finished goods stocks by using suitable basis.
3. Write off quantity variance to profit and loss account and spread price variance over to cost of sales, work in progress and finished goods. The reason behind apportioning variance to inventories and cost of sales is that they represent costs although they are derived as variances.
هل تحتاج لمساعدة في كتابة سيرة ذاتية تحتوي على الكلمات الدلالية التي يبحث عنها أصحاب العمل؟