| # To use cost- and purchase prices for non-labor cost objects In determining the prices of non-labor cost objects to be inserted on budget lines, Project follows the search paths described here. For cost prices: The cost price as defined for the project-specific cost object. If this price is not available, Project takes the cost price of the standard cost object from which the project-related cost object is derived. If this price is not available, Project takes the purchase price of the cost object (see For Purchase Prices below). For purchase prices: The purchase price as defined for the project-specific cost object. If that price is not available, Project takes the purchase price of the standard cost object from which the project-specific cost object is derived. Note The price policy of a cost object determines whether its cost price or its purchase price appears by default on the budget lines. |