Finished Good Items Average or Standard Cost Updated Report

How to print: Run a periodic process to update the cost of a finished good. See Updating the Cost of a Finished Good.

CWDirect Rel 2.0 Finished Good Avg or Std Cost Updated KAREN_L INR0952 2/18/97 8:50:30 Page 1 Item Number SKU Code Prior Cost New Avg Cost ART KIT 455.0000 405.0000 PAINT KIT 50.8500 42.5000 SKETCH KIT 75.0000 70.0000 WINTER COLD 100.0000 155.0000 # Of Finished Good Items Updated: 4

Contents:

• Item number

• SKU code

• Prior cost

• New Average/Standard Cost (You define the pricing method the system uses in the Costing Method (A25) field in the System Control file. If you define average cost, the system averages the costs over both the current on-hand inventory plus any incoming receipts. If you define standard cost, the system does not update any costing information. See Warehousing Chapter 34: Purchase Order Receiving Overview.)