What is the meaning of Std. Rate ?

[ks2008]

Here is my questions.
Type: Material
c
Material Label = KG

What is the meaning of Std. Rate ?
Is it means $20/KG ? Could you confirm, my understanding.

Thanks
KS

 

[Dale Howard [MVP]]

KS --

Your understanding is correct, my friend. Standard Rate is the rate per the
unit specified in the Material Label field. Hope this helps.