Average cost item master org can be used for other standard cost inventory org?

Hi Folks,

Average cost item master org can be used for other standard cost inventory org?

Ex:- Initial business process using Average cost but the company entered into a new business line so they want to use Standard costing so we are going to define new LE, OU , INV Org , Sub Inv org and Standard cost group but want to use same Average cost Item master org for this new Inventory org is it recommended or we need to define a new master org for Standard cost group ?