what is Est. Extended Cost

AI generated answer (using internal Slack threads):

The Est. Extended Cost in NetSuite is a snapshot value of the item’s Cost Estimate Type which is taken upon the creation of the Sales Order transaction. This value may not be updated in the Sales Order even if there are new Purchase Orders for the item with Cost Estimate Type = Last Purchase Price. If the "cost estimate type" is set to "Average", then any sales order that comes in for that product will take the "average cost" at that exact moment in time for the sales order and will never change. It's important to note that the Est. Extended Cost is just a view field and does not affect the real Cost of Goods Sold (COGS). It's often used for reporting purposes and for easily knowing what the payouts are. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******