Costing Analysis Alternative Inventory Variance Report

Use this report to compare your new costing alternatives with current or standard costs or with another costing alternative. Choose a costing alternative to work with and then select the costs to which your alternative will be compared. Optionally, you can specify criteria that restrict the report to a subset of the items in your costing alternative.

On the report, you can see the extended cost difference between each item in the comparison. Also, the report total shows how much your inventory value will change if you apply all of the revised cost rate changes to these inventory items.

Note: When the quantity on hand for an item is not equal to zero, and the item does not have a cost in your costing alternative, an asterisk is displayed in the Zero Cost column.