Joe, which cost policy are you using here. Judging by the procedure you are following, I suspect it is Weighted Average or Date Weighted Average.
You have not mentioned whether you performed a CLOSE once you have completed this work. If my above assumption is correct, then a Close would surely be part of the procedure. There could be implications if you have any Physical Inventory too, as opposed to Financial Inventory, perhaps you could tell us about that. george
