Is it possible to have a price on a product and then have it automatically

populate the purchase price on the product revenue when the product is selected?

I have been able to use workflow to populate the purchase price on the opportunity product revenue based on the price stored in a field on the product component using: JoinFieldValue('<Product>',[<ProductId>],'<MSRP>')
I would like to set the default for the Purchase Price during the creation of a new record, but I am having no luck.
It seems that the purchase price has a 'default' of $0.00 since it is a currency field. If I add JoinFieldValue('<Product>',[<ProductId>],'<MSRP>') as a default on the field, it does not work. I'm thinking is has something to do with when you create an new record, you need to then select the product, so the ProductID is not established as time of initial record creation therefore the default will not work.
Any thoughts on this ??

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