Hi,
In the item card for finished products, we are using "standard cost" costing method. These finished products stock are increased via Production orders.
In the below example, we set one standard cost - 323.39 and it appears in "unit cost" and "standard cost". However, I don't understand why "Last direct cost" is different from these costs as I have never used any cost other than 323.39 for this item card. Most likely it has got to do something with production orders that I process to produce these items but I am unable to figure out the reason for this difference!
It would be greatly appreciated if anyone can provide me a feedback on this. Thanks!