In this video, learn how to use the Standard Price costing method through the Manufacturing Application. 0:00 - Introduction 1:13 - BoM Structure & Cost 3:54 - MO for Table 1 4:57 - Purchase Components for Table 2 6:46 - Inventory Valuation 7:59 - Complete MO for Table 2 9:22 - Update Product Cost 11:02 - Conclusion Other lessons related to this video:  Costing: Overview: https://www.youtube.com/watch?v=oYsMx8Mt_bs Costing: AVCO: https://www.youtube.com/watch?v=E5YDrUDxQD8 Costing: First In First Out: https://youtu.be/WUOz-0Tk2rM Need more information about Odoo apps?  https://www.odoo.com/documentation/user  Discover Odoo, schedule a demo, or start your own Odoo revolution for free (no credit card required), at https://www.odoo.com.