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Landed cost with Standard Costing.
~~By using the standard cost method, if we choose to use landed cost, how will the system get the landed cost into the standard? Or since we are setting a standard cost, do we just need to build in a freight component to the standard cost when we set it and therefore we would not need to check the landed cost box? I'm just not clear on what the system will do if we select landed cost but use a standard cost method of accounting for the inventory. Any help will be greatly appreciated.
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