User-Specified Costing Method
User-specified costing allows you to enter costs for items as they are shipped. Inventory Control uses this costing method for all non-stock items. You can also use it for stock items.
Under this costing method, stock items are received and inventory valued at moving average cost. When you ship an item, you enter the unit cost or extended cost.
You can specify items as bills of material components (for example, non-stock items). You can specify the cost for the item when setting up a bill of material or during assembly of the master item.
See also
First-in, first-out (FIFO) costing method
Last-in, first-out (LIFO) costing method
Most recent cost costing method