What transaction would you see in the general ledger?

You have updated a cost category price from $5.00 to S7.00. You process a production order which uses the cost category. After ending the order, you realize a new standard cost was not calculated after the price update. You need to validate how this impacted the financial voucher transactions .

What transaction would you see in the general ledger?
A . $2.00 debit to the production price variance account
B . $2.00 credit to the production price variance account
C . $2.00 debit to the production quantity variance account
D . $2.00 credit to the lot size variance account

View Answer

Answer: B

Explanation:

References: https://docs.microsoft.com/en-us/dynamicsax-2012/appuser-itpro/about-analyzing-common-sources-of-production-variances