Update Standard Cost

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Update Standard Cost

Overview

This form is used to automatically update the standard cost of parent items in the database.

Each item has a Standard Cost field that is entered by the user to keep track of the Total Cost, this includes the purchased materials as well as any overhead.  

All items with a BOM can have their standard cost calculated by adding the Standard Cost of all children items to the overhead of the parent.  

When the standard cost entered by the user differs from that calculated, one can use this form to automatically update the standard cost to a specific value.

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