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Jun 10, 2014 at 08:59 AM

Actual cost

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Please check and confirm solution for the following case:

1. For example : For May.2014 - Standard cost estimate give the rates as Rs.100/-

2. After May.2014 month end variance was found by Rs.5/-. So that means is my actual cost of product should be Rs.105/-

So while running the standard cost estimate for the next month ( June.2014 ). Can system consider Rs.105 as standard cost for June.2014 ?

If yes then how can we achieve this and if no then what is the alternative solution to achieve this.