From the link http://msdn.microsoft.com/en-us/subscriptions/aa496407.aspx
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If the standard method for calculating the cost of the finished item was used, the final transactions also reflect this. If there is a difference between actual costs and costs calculated using the standard method, it is posted to the account showing profit or loss. What does the 'Standard method" refer to here? Is it Standard Cost Model (Inventory Model)? Does the profit or loss refer to fixed receipt price profit or loss? Does the above apply to FIFO?
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