Theoretical Item Usage

The Theoretical Item Usage report will let you know what would have been ideally used based on the sales and events that have been entered. This will be helpful in assisting you to find out what should been used at a glance, and can assist in the ordering process if you need to determine how much stock you would be going through.

Header	Detail
Item Description	The items that are being reported on.
Unit	The reporting unit of the item.
Per Day	The average amount used per day. Calculation: Total Days of the Report Range / Total Used
Per $1000	This is the quantity used per $1000. Calculation: Per $1000 = (Stock Quantity / Total Sales) x 1000
Total Used	The total amount used in the selected date range.
Avg Unit Cost	The average cost of the unit during the time of extraction of the sales.
Total Cost	Total cost of the total amount used.