Understanding Costing Information Review

After you run the Item Cost Component - Frozen Update program to revalue the inventory, you should review the updated costing information. These costs stay in effect until you run the update again. You can review frozen costs in the Cost Components program. You can also create a report based on the information in this program. The Item Ledger Inquiry program (P4111) provides information about the transactions that have affected the item that you are reviewing, including cost changes. You can review costs by viewing the bill of material and comparing frozen standard costs to the unit costs in the Item Cost table.