What is the Standard cost and Unit cost logic (formula) on the item card (NAV2016)?

SwamiVAI

What is the Standard cost and Unit cost logic (formula) on the item card (NAV2016)?
for the incoming item and in-house manufacturing items.

kriki

[Topic moved from 'NAV/Navision Classic Client' forum to 'NAV Three Tier' forum]

sorenhinrup

Standard Cost is defined by user input, either by manually entering it into the Unit Cost field on the item card, or running a standard cost journal.
Unit Cost formula is defined by the Costing Method selected for the item. Each Costing Method is calculated differently.