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How to automatic update cost price of a product while using costing method =FiFo ??

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Why don't you check out the following module attached herewith.

https://apps.odoo.com/apps/modules/12.0/mrp_product_bom_cost/

I think it will fulfill your requirement

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That app is for V12.
I tested https://apps.odoo.com/apps/modules/14.0/eq_product_bom_cost/

But it did not deliver what I expected. It did calculate BOM cost, and added a new field in the product view next to the product cost.
It did not calculate unit cost. And it did not update anything.

We are currently migrating the module to v13, v14 and v15 soon.
It will be updated in the Odoo app store soon.

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We use FIFO costing and automatic.   We have varianses on every manufacturing order. And product cost is updatet after every posting to stock.

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