Hi,
I have run the standard cost for all materials for this particular month.
However, I would like to revise the standard cost for this month.
What is the ideal way to revise the standard cost estimate.
If I do CKR1, and there is a production order prepared before releasing the new standard cost estimate, the system will not be able to calculate variances or settle such production orders.
Request you to suggest the better solution for revision of standard cost estimate.