Diffferent cost amounts in Average Cost Calc. Overview

niimodin
Member Posts: 142
Hello Experts
Can someone explain to me why the "Cost Amout (Actual)" for the same produced item is different in the Average Cost Calc. Overview?
For instance:
After I produced an item,
The output cost = 8,8618.54
During the sales of the item on the same day,
Sales cost = -7,729.45
I was expecting that during the sales the system will take the cost of production
Thank you
Can someone explain to me why the "Cost Amout (Actual)" for the same produced item is different in the Average Cost Calc. Overview?
For instance:
After I produced an item,
The output cost = 8,8618.54
During the sales of the item on the same day,
Sales cost = -7,729.45
I was expecting that during the sales the system will take the cost of production
Thank you
0
Comments
-
Average means average of all inventory and not just one production order. If you have any other inventory on hand, the cost of goods sold will be average.0
-
Thank you very much.
So if I understood you, we produced at the actual price but we sell at the average price since the costing method is average?0 -
that's correct.0
-
Thank you very much0
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