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How is the Issue Cost on the Kit to Close report calculated?
Answer:
The Issue Cost is the value of the Parts that have been issued to the Kit. 
  • Part is valued @ $2.00 each
  • Kit Required qty is 30
  • The user only picked 10 which left a shortage of 20
  • Issue cost would then reflect 10 @ $2.00 = $20.00 for this kit
  • BOM Cost would be $60.00 on the report
  • Now if you actually over-issued qty to the kit.  Required qty was 30 but picked 50 - leaving a over-issue qty of 20 @ $2.00 = $40.00
  • Well at the time of closing the kit the report will not include that $40.00 in the Kit to Close report (issue cost would show $60.00), because at that time we do not know if the user is going to return the overissue to stock or cost it to the kit.  But upon completeing the kit close process then the system will properly calculate the issue cost of $100.00, and generate the needed Manufacture Variance information.
Article ID: 846