Hi Guys,
I am using a standard costing for my inventory.
I have a problem with 1 of my Production order.
The production order was ended and i get the correct costing.
But i realize a huge amount posted to a Penny variance ledger account.
Don't in standard costing, any price different in the production cost suppose to post to the Production Price Variance Account?
In what condition it will post to penny variance account?
Normally penny variance will exist in posting in foreign currency right? It not suppose to exist in Production order as production cost is always in home currency.
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