Good Afternoon,

I am creating a part number in Sage 100 and it is a finished good that's procurement type is a make. From what I have been taught, if it is this kind of finished good, I fill in the Retail price and the Standard price but do not touch the Standard cost or average cost or the last costs, because it has a BOM associated with it and when I do a production entry for this part number it will fill in the Standard cost. Is this correct?