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Forum Post: standard vs. last cost on Purchase Orders

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I'm trying to follow the logic behind what default cost appears for each line item in a purchase order. Sometimes it seems to be the standard cost for that item while other times it appears to be the last cost. Is it a matter of being the 1st purchase of that item from this vendor vs. subsequent purchases? Does it matter if there is a Primary Vendor assigned for it? I'm not finding where this is explained in either manuals or online help. Any clarification would be much appreciated. Thank you.

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