Proposed Cost Update automates setting a new Standard Cost for Buy Items. Proposed Cost Update provides several methods for calculating a new Standard Cost for a range of Items or Item Classes.
Update methods include setting the new Standard equal to the Current Cost, the Average/Mode/Minimum/Maximum of the Receipt Cost over a range of dates, and increasing/decreasing by a fixed percent.
The new cost can also be imported from an Excel spreadsheet.
Fixed Overhead and Variable Overhead can be updated/imported too.