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This discussion is archived
: May 5, 2013 8:04 AM by
Discrete job qty - completing partial qty
May 5, 2013 8:04 AM
Can any one help me regarding, partial completion of a discrete job.
For 1 FG item, i need 2qty of A & 3qty of B where as (item cost of A is 2$) & (item cost of b is 4$), 1 fg cost is 2*2+3*4=16$
when i created a job of 10 qty, which is having BOM of materials already defined in the system,
To produce 5 qty, Thru WIP material transactions (assembly qty : 5), by referring the estimated qty i will issue the actual material consumption,
As per BOM, i require A = 2*5=10qty, and B=3*5=20qty, i consumed more than the required qty , like A=12qty, B=25qty
then moved the 5qty till last operation,
completed 5 qty into Finished good subinventory,
at this point,WIP Value Summary as following:
cost incurred will be actual material cost =124$
and i am getting cost reviled value from the standard BOM qty cost ie., as per bom 1 qty - 16$, 5qty = 16*5, = 80$ (is this correct)
the varience between both actual and completed is in net activity. 44$
please suggest me is it correct,
at this point, the finished good 5qty cost is 80$ in the inventory, but it should be more than this right,
actually i issued more than the required qty
when ever total job quantity is completed then only the variance cost is updating.
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