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Production Variance and WIP

What is the meaning of Production varaince Account, it gets Dr or Cr when we calculate WIP,

and the Production Variance Account Shows a Negative Balance when Analyzed , why is it so ?

When It gets Dr and when it gets Cr ?

Thx,

Sandhya..

Former Member
Former Member replied

have you check the above.

regs,

ramesh b

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