Based on my research, I want to do the opposite of everyone else. I want to have standard costs rounded to 2 decimal points. The issue I'm running in to is that standard cost is calculated correctly, but as the Quantity increases, the math just doesn't add up. Here is the example:
Quantity = 1 Standard Cost = $50.99 - This is correct
Quantity = 2 Standard Cost = $101.98 - This is correct
Quantity = 7 Standard Cost = $356.91 - Would expect $356.93
Quantity = 10 Standard Cost = $509.88 - Would expect $509.90
Where we see the issue is when doing a production order, I get the correct math to 2 decimal places on the cost and estimation, but when compared against standard cost, I'm getting a variance. I don't want a variance, even if it is less than a dollar, they are transactions that are unnecessary and as quantities increase, so does the variance.
Any help or direction would be appreciated.
