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How is STDCost calculated

Question asked by shital1317870 on Nov 10, 2011
Latest reply on Nov 18, 2011 by Chris_Hackett
I have a question.

My understanding is STDCOST= Actual Cost in local Currency * exchange rate
This should result in ActualCost in USD, meaning both Actual cost in USD and STD Cost should be same. However I see in PPA_WIP_Values these are not same.

Attached is the sample data from PPA_WIP_VALUES

Here the calculation does not look to be correct as it multiplying the ACTUALCOST with Exchange Rate to find STDCOST and ACTUALCOST looks to be USD representation of
So there happens to be double multiplication by he exchange Rate.

Can you please help understand how the individual fields are calculated in above case?