Define the type of rounding-up to use. This is useful if the raw materials are consumed in specific quantities. The options ...

Define the type of rounding-up to use. This is useful if the raw materials are consumed in specific quantities. The options are as follows: No (rounding-up is not used), Quantity (the quantity must be a multiple of the given quantity; for example, when whole numbers are required, enter 1.00 in the Multiples field; numbers are always rounded to quantities divisible by 1.00), and Consumption (the estimated consumption is rounded up so that it is divisible by the number of units that the raw material comes in; use this method when consumption of a raw material can only be used in certain quantities, and the rest of the raw material is considered scrap). For example, paint is stored in inventory in 25-quart cans. When it is taken from inventory, it is taken in 25-quart-can increments. In this case, rounding-up according to consumption is selected, and multiples are set to 25. The production quantity for the finished item is 20 units, and 2 quarts of paint must be used for each unit. Consumption is calculated as 20 units x 2 quarts = 40 quarts. When rounded up to a multiple of 25, 50 quarts of paint are required. When rounding up according to consumption, excess consumption, or scrap, of 10 quarts is automatically calculated.