Inventory

Inventory

How is the inventory weighted average cost calculated?
Weighted Average Cost When any inventory quantity is received into stock, the system calculates the new inventory cost by using the [(current inventory ...
Tue, 18 Feb, 2020 at 9:53 AM
How is invenotry standard cost updated?
Standard Cost    The Standard Cost is used as a variable in reporting, the bill of material Cost Rollup and can be assigned as the costing method in the I...
Tue, 18 Feb, 2020 at 8:09 AM