Hide Labor Cost

Hi, I hope somebody can point me to the solution:  in 7.4 with the old GUI enabled, how can I hide the hourly labor costs?  Goes without saying, it's thoroughly unprofessional for individual hourly rates to be visible to team members (it's a violation of standard HR policy, also).
(Please don't point me to an old plugin, thanks.)
This topic first appeared in the Spiceworks Community

Thanks for reply. However, they are not using standard cost. They are using Moving average cost for every items, but it's not calculated by warehouse. See my first posting for the setting we made.
I tried: in the authorization setting -> inventory -> price list -> "price in the price list: %s, will be up" configured as "no authorization". It works (item cost displayed as *** in the item master) but SAP inventory reports e.g. inventory status report cannot be run after configuring this.
Understand it can be masked off using SDK Add-on. Any idea of doing it without running additional add-on?

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