Distributed Amt - Lot

The total cost that is intended to be distributed to a Lot. This amount is converted to a 'Lot Cost Rate', and the converted rate is used to calculate the 'Lot Cost Amt.'. The 'Distributed Amt.' is only used to calculate the 'Lot Cost Amt.' which is the amount that posts to the Cost History and to the General Ledger.  

For example, if you needed to distribute a total cost of $517.35 to a Lot, you would enter that as the 'Distributed Amt.'.  If that Lot contained 2,103 lbs, the rate/lb would calculate as 0.2460057061. However, because the 'Lot Cost Rate' is limited to 5 digits, it would get rounded to 0.24601. When this rate is applied back to the 2,103 lbs the result would be a 'Lot Cost Amt. 'of $517.36 leaving a 'Variance Amt.' of ($0.01) that must be accounted for.