Can anyone help me understand NS Lot numbered costing method? I thought the cost is specific per lot. I'm using a Lot numbered item with Lot numbered costing method. I don't understand why IA95 is using 21.18 as its rate (average) where it should be 19.771, given that IA95 is using the same Lot number number as IA20.

This could be a timing issue Originally the transaction will use the item location average cost Then at a later point it will be updated to be the lot specific cost

Ricky, you probably right and I’ll review the records later.