Can you designate some items as actual cost in a weighted cost system?

AI generated answer (using internal Slack threads):

In NetSuite, the costing method is determined at the item level and cannot be changed on a per-transaction basis. The system supports several costing methods including Average, LIFO, FIFO, Standard, and Lot/Serial. In a weighted average cost system, the cost of items is calculated based on the average cost of all items in inventory, not on the actual cost of the specific item. This means that you cannot designate some items as actual cost in a weighted cost system. However, if you need to assign a specific cost to each item, you might consider using the Lot Numbered or Serialized costing method. These methods allow you to assign a specific cost to each lot or serial number, which could get you closer to your desired outcome. Please note that manipulating item costing to achieve a desired margin is not generally accepted accounting practice (GAAP compliant) and could lead to inaccurate financial reporting. It's recommended to consult with an accountant or financial advisor to ensure that your costing method aligns with your business needs and complies with accounting standards. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******