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Valuvation of Material trf from one unit to other

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 November 2009 When a stock is transferred fro one branch at their standard cost pricing. The unit receiveing has accounted in thier standard cost price. The differnce in the cost is transfered to P&L. Now at the year end at what price it is to be valued.
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Guest (Expert)
09 November 2009 One can not recognized profit on inter unit transfer.

AS 9 does not allow to transfer at standard rate.

U have to recognize as cost to transferee unit.

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