The raw material cocoa is valuated at a standard price of 20 Mxn per kilogram in Period 1 . At the end of the period revaluation takes place: The new standard for Period 2 is 21 Mxn per kilogram. (See 5)
Segment of the Material Price Analysis for Period 2:
The period has begun, but no postings have been made yet. The price changes have been carried out.
Quantity |
Preliminary valuation |
Price differences |
Exchange rate differences |
Price |
|
Beginning inventory |
20 kg |
420 Mxn |
0 |
0 |
21 Mxn |
See also: Displaying Material Price Analysis
Postings:
The following postings are made:
The revaluation amount of 20 Mxn is recorded in material ledger data and is used for calculation of the actual price.
Accounting View 1 in the Material Master
Period 1: Price control: S price (20 Mxn)
Period 2: Price control: S price (21 Mxn)
See also: Price Changes