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IN-L-E Update Material Standard Costs
Purpose of Program
Use this program to update the material standard cost for a range of inventory type R items (purchased parts) with either the Last Cost or Average Cost values. This can be a big time saver when standard costs are being revised.
General Program Operation
You may limit the update to a from/thru range of item numbers. You can also limit the report by a range or item classes and categories and Active Status. If no limits are specified, all inventory type R items (purchased parts) will be updated.
Specify whether the material standard cost is to be updated with either the Last Cost by entering an "L" or with the Average Cost by entering an "A." As the program runs you will see each item being updated in succession.