Product Costing Run is over. Now If I add one more
rawmaterial for that material also it has to included & run
the cost. But it is not happening?
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Answer Posted / thakur
When we run the cost estimate, it updates the standard cost
of that finished material. If you want to update the
standard cost of the material including new raw material,
obveously you need to delete and re-run the cost estimate.
Otherwise, when you create the production order, there in
that cost calculation, real cost will be captured including
new RM and used for that production order and hence costing
data will be available for reporting and other purposes.
But standard cost will be effected only in the next costing
run, which may be falling in next month.
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