Topic: COGS inflated
I have received 5 orders through the PO module and all devices for this inventory unit were entered at a cost of $28.
When I look at my G/L the COGS per unit on that item is $46 recently.
It was running smoothly at $28 for 2 months and suddenly it started with this new COGS.
I know that the system would use a LIFO or FIFO or Average cost method for COGS but all 5 orders were same price.
Any ideas why this happened???