We have the following issue:
Item A is a manufactured item and is also a component of item B. It has a costing method of FIFO
Item A was produced.
Item B was then produced. It has a standard cost, so there was a variance created as the consumed cost was less than standard.
It was discovered that there was missing components on Item A, and so Finished production Order for item A is reopened and adjusted, and then on closing the order again, the adjustment was made for Item A, as well as rolled forward onto Item B and that production order.
My questions are
1. does anything else need to happen with adjust cost, or if it is setup for always in inventory setup, it will take care of itself.
2. This seemed to work on a test I ran through, but when we tried it on the actual item, no adjustment carried forward so I am wondering if something is different that I should check.
3. is there a limit to the number of Production levels it will go through. for example, if it is Item A which is part of item B, and item B is part of item C. Will adjustments to A roll up to Item c?
4. If the production order has already been reopened once, is there another way to do this?