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Former Member
Feb 29, 2008 at 08:20 PM

Standard Cost - Bill of Material Cost Roll Up

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Inventory components all have standard costs entered manually in inventory master definition.

I want to roll those costs through the bill of material to get a standard cost for the sub assemblies and parent items.

Is there a process to do that?

What if the standard for a component changes through inventory re-valuation. How does that change roll to the parent or sub assembly if I wish to re-standardize those items based on the component changes. Example, price for steel plate goes from $1 / lb to $1.50 / lb. I change the standard through inventory revaluation. Now everywhere that steel plate is used in a bill of material, I wish to roll the changes up. How is this done?