Reviewing Supplier Cost Performance
Access the Cost Analysis form.
- Inventory Unit Cost
Displays the amount per unit, derived by dividing the total cost by the unit quantity.
- Ordered Unit Cost
Displays the unit cost of one item, as purchased from the supplier, excluding freight, taxes, discounts, and other factors that might modify the actual unit cost that you record when you receive the item.
- Percent Cost Variance
Displays the percentage variance between the cost paid, and either the inventory cost, ordered cost, or the received cost.