# Frequently Asked Questions ### ⚖️ How to calculate inventory values of products based on cost and price? Total Value (Cost) is calculated by taking the "stock cost" of a product or variant, and it is multiplied by the quantity of that item in stock. Total Value (Price) is calculated by taking the "price" of a product or variant, and it is multiplied by the quantity of that item in stock. ### 💰 All my products don't have an inventory cost. How do I enter the value? You should enter the cost on the Shopify Admin page. As soon as you update the cost of a product, it reflects on the Merchbees page. :wave: If you have additional questions, please don't hesitate to contact us! We are always here to help!\ You can say hello with live chat on [merchbees.com](https://merchbees.com/) or send an email to . --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.merchbees.com/merchbees-inventory-value/homepage/frequently-asked-questions.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.