IAS 21 Exchange Gain or Loss

[ivc303]

Hi, would anyone please help with the below?

Let say I made a prepayment for inventory in Feb 2022 and FX rate for USD/CAD at the time of prepayment is @1.28.

In Mar 2022, I received the goods prepaid and also sold to my customer, results in recognition of cost of sales. Average FX rate for USD/CAD in Mar 2022 is @1.25. For this cost recognition entry, should I book @1.25 to COS, and the 0.02 difference in FX rate to FX Loss/Gain?

thanks.