Def - Cost Rate - Market
- Tom Williams
Owned by Tom Williams
The Market Cost Rate refers to the 'Rate' applied to the Inventory for determining the extended 'Market Cost'. For a single Lot, it is the 'Rate' that is multiplied by the quantity to compute the 'Market Cost' value of the Lot. For multiple Items and/or Lots it is the calculated value from dividing the sum of the extended 'Market Costs' by the sum of the quantity.