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Former Member
Jul 01, 2009 at 08:06 AM

Finished Good not getting valuated as per its standard price.

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Hi All,

I have an issue in our new system. There is a BOM with one component attached to it. I did the costing run and the Fg got valued as $0.09, which includes .01 as its RM cost and the rest as OHs. I released the cost estimate and the FG material master got its standard price updates as $0.09.

The issue I have is after the production confirmation of 25000 units the FG account shows a value of only $250 but it should actually be 25000*0.09=$2250

What can be the reason for this. Basically it seems that the FG is getting valued only at its RM cost, which is not correct.

I have checked the cost component structure as well, and the OHs are marked as relevant to inventory valuation.

Can I please have a solution to this?

Thanks,

Maleeq