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  1.  Home
  2. MAPICS-L
  3. November 2003

Average Cost Help

Hello Group,
I have a situation here where the buyer had typed in an incorrect purchase 
price on the PO. The actual average cost of the item is $20, but the purchase 
price on the PO was incorrectly keyed in as $4300. Our warehouse did an RP 
transaction after receiving the item and the average cost is all messed up in 
the system as we had around qty 200 of that item (valued at $20) prior to the 
RP transaction. 

Question: what do I do to fix the problem and correct the avg cost! Also, what 
is the exact avg cost formula that MAPICS uses if a 15% overhead is added. Let 
me know if more info is needed. 

Thanks,
Nandu

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