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Former Member
Jan 22, 2008 at 05:10 AM

Usage of Standard Price + Moving Average (for Statistical Calculation)

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Good morning,

My company uses the standard price since we are manufacturing few items.

Standard Price generates Purchase Price Variance and we have to adjust the stardard price twice a year.

Is there a way to display the moving average price of the items (for statistical reasons) so we adjust our Standard Price Accordingly ?

Can we do so within the normal SBO functionality (but you can only store one item cost) or shall we (and how) do it with report composer / XL Reporter.

Thanking you in advance

Stephane