Def - Cost Rate - Market

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