Average Costing Change Summary
About this Course
Course Description
Course Objectives
Course Benefits
Audience
Prerequisites
Course Credit and Scheduling
Virtual Environment Information
Additional Resources
QAD Learning Center
QAD Document Library
QAD Support
Average Costing
Introduction
What Is Average Costing?
How to Set Up Average Costing
Why Use Average Costing?
Average Costs for Purchased Items
Average Costs for Manufactured Items
PO Receipts: Standard vs. Average Costing
Work Order Receipts: Standard vs. Average Cost
Average Cost Calculations
Partial WO Receipts
Work Order Accounting Close
Multi-Site Transfers: Standard to Average
Exercise 1: Setting up Average Costing
Average Cost Exceptions
Variances and Components Reference
Purchase-Related Variances
Manufacturing-Related Variances
Variances by Transaction Flow
Components of Item Cost
Average Costing Change Summary
Components of Item Cost