diff --git a/product_variant_standard_price_update/README.rst b/product_variant_standard_price_update/README.rst
new file mode 100644
index 000000000..80b230e22
--- /dev/null
+++ b/product_variant_standard_price_update/README.rst
@@ -0,0 +1,69 @@
+.. image:: https://img.shields.io/badge/licence-LGPL--3-blue.svg
+   :target: http://www.gnu.org/licenses/lgpl-3.0-standalone.html
+   :alt: License: LGPL-3
+
+=====================================
+Product variant standard price update
+=====================================
+
+This module extends the product variant feature to allow update standard price
+in all variants from the product template form
+
+Installation
+============
+
+The module adds a button in template form for show a wizard to update the
+price.
+
+
+Usage
+=====
+
+To use this module, you need to:
+
+#. Go to products and create one with variants.
+#. Click on button "Update variants".
+#. Check standard price in every variant of this product.
+
+
+.. image:: https://odoo-community.org/website/image/ir.attachment/5784_f2813bd/datas
+   :alt: Try me on Runbot
+   :target: https://runbot.odoo-community.org/runbot/137/9.0
+
+Bug Tracker
+===========
+
+Bugs are tracked on `GitHub Issues
+<https://github.com/OCA/product-variant/issues>`_. In case of trouble, please
+check there if your issue has already been reported. If you spotted it first,
+help us smashing it by providing a detailed and welcomed feedback.
+
+Credits
+=======
+
+Images
+------
+
+* Odoo Community Association: `Icon <https://github.com/OCA/maintainer-tools/
+  blob/master/template/module/static/description/icon.svg>`_.
+
+
+Contributors
+------------
+
+* Sergio Teruel <sergio.teruel@tecnativa.com>
+
+Maintainer
+----------
+
+.. image:: https://odoo-community.org/logo.png
+   :alt: Odoo Community Association
+   :target: https://odoo-community.org
+
+This module is maintained by the OCA.
+
+OCA, or the Odoo Community Association, is a nonprofit organization whose
+mission is to support the collaborative development of Odoo features and
+promote its widespread use.
+
+To contribute to this module, please visit https://odoo-community.org.
diff --git a/product_variant_standard_price_update/__init__.py b/product_variant_standard_price_update/__init__.py
new file mode 100644
index 000000000..f553d8ff3
--- /dev/null
+++ b/product_variant_standard_price_update/__init__.py
@@ -0,0 +1,4 @@
+# -*- coding: utf-8 -*-
+
+from . import models
+from . import wizards
diff --git a/product_variant_standard_price_update/__openerp__.py b/product_variant_standard_price_update/__openerp__.py
new file mode 100644
index 000000000..94603263f
--- /dev/null
+++ b/product_variant_standard_price_update/__openerp__.py
@@ -0,0 +1,23 @@
+# -*- coding: utf-8 -*-
+# © 2016 Sergio Teruel <sergio.teruel@tecnativa.com>
+# License AGPL-3.0 or later (http://www.gnu.org/licenses/lgpl).
+
+{
+    "name": "Product Variant Standard Price Update",
+    "summary": "Update all variant standard price from the product template",
+    "version": "9.0.1.0.0",
+    "category": "Product",
+    "website": "http://www.tecnativa.com",
+    "author": "Tecnativa, "
+              "Odoo Community Association (OCA)",
+    "license": "AGPL-3",
+    "application": False,
+    "installable": True,
+    "depends": [
+        "product",
+    ],
+    "data": [
+        "views/product_view.xml",
+        "wizards/product_variant_standard_price_update.xml",
+    ],
+}
diff --git a/product_variant_standard_price_update/i18n/es.po b/product_variant_standard_price_update/i18n/es.po
new file mode 100644
index 000000000..6941764a5
--- /dev/null
+++ b/product_variant_standard_price_update/i18n/es.po
@@ -0,0 +1,119 @@
+# Translation of Odoo Server.
+# This file contains the translation of the following modules:
+# 	* product_variant_standard_price_update
+#
+msgid ""
+msgstr ""
+"Project-Id-Version: Odoo Server 9.0c\n"
+"Report-Msgid-Bugs-To: \n"
+"POT-Creation-Date: 2016-12-15 21:26+0000\n"
+"PO-Revision-Date: 2016-12-15 22:31+0100\n"
+"Last-Translator: Sergio Teruel <sergio.teruel@tecnativa.com>\n"
+"Language-Team: \n"
+"MIME-Version: 1.0\n"
+"Content-Type: text/plain; charset=UTF-8\n"
+"Content-Transfer-Encoding: 8bit\n"
+"Language: es_ES\n"
+"X-Generator: Poedit 1.5.4\n"
+
+#. module: product_variant_standard_price_update
+#: model:ir.ui.view,arch_db:product_variant_standard_price_update.product_template_form_view_update_standard_price
+msgid "<span>Different cost price by variants. </span>"
+msgstr "Diferente coste por variante"
+
+#. module: product_variant_standard_price_update
+#: model:ir.ui.view,arch_db:product_variant_standard_price_update.wizard_view
+msgid "Apply"
+msgstr "Aplicar"
+
+#. module: product_variant_standard_price_update
+#: model:ir.ui.view,arch_db:product_variant_standard_price_update.wizard_view
+msgid "Cancel"
+msgstr "Cancelar"
+
+#. module: product_variant_standard_price_update
+#: model:ir.model.fields,field_description:product_variant_standard_price_update.field_variant_standard_price_update_wiz_standard_price
+msgid "Cost Price"
+msgstr "Precio coste"
+
+#. module: product_variant_standard_price_update
+#: model:ir.model.fields,field_description:product_variant_standard_price_update.field_variant_standard_price_update_wiz_create_uid
+msgid "Created by"
+msgstr "Creado por"
+
+#. module: product_variant_standard_price_update
+#: model:ir.model.fields,field_description:product_variant_standard_price_update.field_variant_standard_price_update_wiz_create_date
+msgid "Created on"
+msgstr "Creado en"
+
+#. module: product_variant_standard_price_update
+#: model:ir.model.fields,field_description:product_variant_standard_price_update.field_variant_standard_price_update_wiz_display_name
+msgid "Display Name"
+msgstr "Nombre a mostrar"
+
+#. module: product_variant_standard_price_update
+#: model:ir.model.fields,field_description:product_variant_standard_price_update.field_variant_standard_price_update_wiz_id
+msgid "ID"
+msgstr "ID (identificación)"
+
+#. module: product_variant_standard_price_update
+#: model:ir.model.fields,field_description:product_variant_standard_price_update.field_variant_standard_price_update_wiz___last_update
+msgid "Last Modified on"
+msgstr "Última modificación en"
+
+#. module: product_variant_standard_price_update
+#: model:ir.model.fields,field_description:product_variant_standard_price_update.field_variant_standard_price_update_wiz_write_uid
+msgid "Last Updated by"
+msgstr "Última actualización de"
+
+#. module: product_variant_standard_price_update
+#: model:ir.model.fields,field_description:product_variant_standard_price_update.field_variant_standard_price_update_wiz_write_date
+msgid "Last Updated on"
+msgstr "Última actualización en"
+
+#. module: product_variant_standard_price_update
+#: model:ir.model,name:product_variant_standard_price_update.model_product_template
+msgid "Product Template"
+msgstr "Plantilla producto"
+
+#. module: product_variant_standard_price_update
+#: model:ir.model.fields,field_description:product_variant_standard_price_update.field_product_template_same_cost_variants
+msgid "Same cost variants"
+msgstr "Mismo coste para todas las variantes"
+
+#. module: product_variant_standard_price_update
+#: code:addons/product_variant_standard_price_update/models/product.py:35
+#, python-format
+msgid "Standard price update variants"
+msgstr "Actualiza precios de coste de las variantes"
+
+#. module: product_variant_standard_price_update
+#: model:ir.ui.view,arch_db:product_variant_standard_price_update.product_template_form_view_update_standard_price
+msgid "Update variant price"
+msgstr "Actualiza coste"
+
+#. module: product_variant_standard_price_update
+#: model:ir.ui.view,arch_db:product_variant_standard_price_update.wizard_view
+msgid "Update variant standard price"
+msgstr "Actualiza el coste en las variantes"
+
+#. module: product_variant_standard_price_update
+#: model:ir.ui.view,arch_db:product_variant_standard_price_update.wizard_view
+msgid "You can change cost price for all product variants.<br/>"
+msgstr "Puedes cambiar el precio de coste para todas las variantes"
+
+#. module: product_variant_standard_price_update
+#: model:ir.ui.view,arch_db:product_variant_standard_price_update.wizard_view
+msgid "or"
+msgstr "o"
+
+#. module: product_variant_standard_price_update
+#: model:ir.model,name:product_variant_standard_price_update.model_variant_price_update_wiz
+#, fuzzy
+msgid "variant.price.update.wiz"
+msgstr "Actualiza los precios de las líneas"
+
+#. module: product_variant_standard_price_update
+#: model:ir.model,name:product_variant_standard_price_update.model_variant_standard_price_update_wiz
+msgid "variant.standard.price.update.wiz"
+msgstr ""
diff --git a/product_variant_standard_price_update/models/__init__.py b/product_variant_standard_price_update/models/__init__.py
new file mode 100644
index 000000000..d4093de0f
--- /dev/null
+++ b/product_variant_standard_price_update/models/__init__.py
@@ -0,0 +1,5 @@
+# -*- coding: utf-8 -*-
+# © 2016 Sergio Teruel <sergio.teruel@tecnativa.com>
+# License AGPL-3.0 or later (http://www.gnu.org/licenses/agpl).
+
+from . import product
diff --git a/product_variant_standard_price_update/models/product.py b/product_variant_standard_price_update/models/product.py
new file mode 100644
index 000000000..df405f4b4
--- /dev/null
+++ b/product_variant_standard_price_update/models/product.py
@@ -0,0 +1,51 @@
+# -*- coding: utf-8 -*-
+# © 2016 Sergio Teruel <sergio.teruel@tecnativa.com>
+# License AGPL-3.0 or later (http://www.gnu.org/licenses/agpl).
+
+from openerp import _, api, fields, models
+
+
+class ProductTemplate(models.Model):
+    _inherit = 'product.template'
+
+    @api.multi
+    def _compute_same_cost_variants(self):
+        for template in self:
+            cost = template.mapped('product_variant_ids.standard_price')
+            if cost.count(cost[0]) == len(cost):
+                template.same_cost_variants = True
+
+    @api.multi
+    def _compute_product_template_field(self):
+        for template in self:
+            if len(template.product_variant_ids) > 1:
+                variant_prices = template.mapped(
+                    'product_variant_ids.standard_price')
+                template.standard_price = min(variant_prices)
+            else:
+                template.standard_price = \
+                    template.product_variant_ids.standard_price
+
+    same_cost_variants = fields.Boolean(compute=_compute_same_cost_variants)
+    standard_price = fields.Float(compute=_compute_product_template_field)
+
+    @api.multi
+    def update_variants_standard_price(self):
+        action = {
+            'name': _('Standard price update variants'),
+            'type': 'ir.actions.act_window',
+            'res_model': 'variant.standard.price.update.wiz',
+            'view_type': 'form',
+            'view_mode': 'form',
+            'target': 'new',
+        }
+        return action
+
+    @api.multi
+    def write(self, vals):
+        if 'standard_price' in vals:
+            variants = self.mapped('product_variant_ids')
+            variants.write({
+                'standard_price': vals['standard_price'],
+            })
+        return super(ProductTemplate, self).write(vals)
diff --git a/product_variant_standard_price_update/static/description/icon.png b/product_variant_standard_price_update/static/description/icon.png
new file mode 100644
index 000000000..3a0328b51
Binary files /dev/null and b/product_variant_standard_price_update/static/description/icon.png differ
diff --git a/product_variant_standard_price_update/tests/__init__.py b/product_variant_standard_price_update/tests/__init__.py
new file mode 100644
index 000000000..4877d4fe0
--- /dev/null
+++ b/product_variant_standard_price_update/tests/__init__.py
@@ -0,0 +1,5 @@
+# -*- coding: utf-8 -*-
+# © 2016 Sergio Teruel <sergio.teruel@tecnativa.com>
+# License AGPL-3.0 or later (http://www.gnu.org/licenses/agpl).
+
+from . import test_product_variant_standard_price_update
diff --git a/product_variant_standard_price_update/tests/test_product_variant_standard_price_update.py b/product_variant_standard_price_update/tests/test_product_variant_standard_price_update.py
new file mode 100644
index 000000000..48ed5a70e
--- /dev/null
+++ b/product_variant_standard_price_update/tests/test_product_variant_standard_price_update.py
@@ -0,0 +1,68 @@
+# -*- coding: utf-8 -*-
+# © 2016 Sergio Teruel <sergio.teruel@tecnativa.com>
+# License AGPL-3.0 or later (http://www.gnu.org/licenses/agpl).
+
+from openerp.tests import common
+
+
+class TestProductVariantStandardPriceUpdate(common.SavepointCase):
+
+    @classmethod
+    def setUpClass(self):
+        super(TestProductVariantStandardPriceUpdate, self).setUpClass()
+        self.ProductTemplate = self.env['product.template']
+        self.product_template = self.ProductTemplate.create({
+            'name': 'Product - template - Test',
+            'standard_price': 100.00,
+        })
+        self.attribute = self.env['product.attribute'].create({
+            'name': 'Test Attribute',
+        })
+        self.value1 = self.env['product.attribute.value'].create({
+            'name': 'Value 1',
+            'attribute_id': self.attribute.id,
+        })
+        self.value2 = self.env['product.attribute.value'].create({
+            'name': 'Value 2',
+            'attribute_id': self.attribute.id,
+        })
+        self.product_template_var = self.ProductTemplate.create({
+            'name': 'Product - template - Test',
+            'standard_price': 100.00,
+            'attribute_line_ids': [
+                (0, 0, {
+                    'attribute_id': self.attribute.id,
+                    'value_ids': [(6, 0, [self.value1.id, self.value2.id])]
+                })],
+        })
+
+    def test_update_template_standard_price(self):
+        self.product_template.standard_price = 150.00
+        self.assertTrue(self.product_template.same_cost_variants)
+        self.assertEquals(self.product_template.standard_price, 150.00)
+
+    def test_update_variant_standard_price(self):
+        variant = self.product_template_var.product_variant_ids[0]
+        variant.standard_price = 150.00
+        self.assertFalse(self.product_template_var.same_cost_variants)
+        self.assertEquals(self.product_template_var.standard_price, 100.00)
+
+    def test_update_simple_product_standard_price(self):
+        self.product_template.standard_price = 300.00
+        self.assertTrue(self.product_template.same_cost_variants)
+        self.assertEquals(self.product_template.standard_price, 300.00)
+
+    def test_update_wizard_action(self):
+        res = self.product_template_var.update_variants_standard_price()
+        self.assertEquals(res['name'], 'Standard price update variants')
+        self.assertEquals(res['type'], 'ir.actions.act_window')
+
+    def test_update_product_standard_price_wiz(self):
+        wiz_obj = self.env['variant.standard.price.update.wiz'].with_context(
+            active_model='product.template',
+            active_ids=self.product_template_var.ids
+        )
+        wiz = wiz_obj.create({'standard_price': 350.00})
+        wiz.action_apply()
+        self.assertTrue(self.product_template_var.same_cost_variants)
+        self.assertEquals(self.product_template_var.standard_price, 350.00)
diff --git a/product_variant_standard_price_update/views/product_view.xml b/product_variant_standard_price_update/views/product_view.xml
new file mode 100644
index 000000000..f8b56c233
--- /dev/null
+++ b/product_variant_standard_price_update/views/product_view.xml
@@ -0,0 +1,42 @@
+<?xml version="1.0" encoding="utf-8"?>
+<!-- © 2016 Sergio Teruel <sergio.teruel@tecnativa.com>
+     License AGPL-3.0 or later (http://www.gnu.org/licenses/agpl-3). -->
+<odoo>
+
+<record id="product_template_form_view_update_standard_price"
+        model="ir.ui.view">
+    <field name="model">product.template</field>
+    <field name="inherit_id"
+           ref="product.product_template_form_view"/>
+    <field name="arch" type="xml">
+        <xpath expr="//field[@name='list_price']" position="before">
+            <field name="same_cost_variants" invisible="1"/>
+        </xpath>
+        <xpath expr="//field[@name='standard_price']/.." position="attributes">
+            <attribute name="attrs">{'invisible': [
+                    ('same_cost_variants', '=', False),
+                    ('product_variant_count', '&gt;', 0)
+            ]}</attribute>
+        </xpath>
+        <xpath expr="//label[@for='standard_price']" position="attributes">
+            <attribute name="attrs">{'invisible': [
+                    ('same_cost_variants', '=', False),
+                    ('product_variant_count', '&gt;', 0)
+            ]}</attribute>
+        </xpath>
+        <xpath expr="//field[@name='standard_price']/.." position="after">
+            <div groups="base.group_user"
+                 colspan="2"
+                 attrs="{'invisible': ['|',
+                                        ('same_cost_variants', '=', True),
+                                        ('product_variant_count', '=', 0)]}">
+                <span>Different cost price by variants. </span>
+                <button type="object"
+                    name="update_variants_standard_price"
+                    string="Update variant price"/>
+            </div>
+        </xpath>
+    </field>
+</record>
+
+</odoo>
diff --git a/product_variant_standard_price_update/wizards/__init__.py b/product_variant_standard_price_update/wizards/__init__.py
new file mode 100644
index 000000000..6e3558157
--- /dev/null
+++ b/product_variant_standard_price_update/wizards/__init__.py
@@ -0,0 +1,5 @@
+# -*- coding: utf-8 -*-
+# © 2016 Sergio Teruel <sergio.teruel@tecnativa.com>
+# License AGPL-3.0 or later (http://www.gnu.org/licenses/agpl).
+
+from . import product_variant_standard_price_update
diff --git a/product_variant_standard_price_update/wizards/product_variant_standard_price_update.py b/product_variant_standard_price_update/wizards/product_variant_standard_price_update.py
new file mode 100644
index 000000000..c734dcd3c
--- /dev/null
+++ b/product_variant_standard_price_update/wizards/product_variant_standard_price_update.py
@@ -0,0 +1,31 @@
+# -*- coding: utf-8 -*-
+# © 2016 Sergio Teruel <sergio.teruel@tecnativa.com>
+# License AGPL-3.0 or later (http://www.gnu.org/licenses/agpl).
+
+from openerp import api, fields, models
+from openerp.addons.decimal_precision import decimal_precision as dp
+
+
+class UpdateVariantStandardPrice(models.TransientModel):
+    _name = 'variant.standard.price.update.wiz'
+
+    standard_price = fields.Float(
+        string='Cost Price',
+        digits=dp.get_precision('Product Price'),
+        required=True,
+        default=0.0,
+    )
+
+    def _update_standard_price(self, product_template, new_price):
+        self.ensure_one()
+        product_template.product_variant_ids.write({
+            'standard_price': new_price,
+        })
+
+    @api.multi
+    def action_apply(self):
+        model = self.env.context['active_model']
+        active_ids = self.env.context['active_ids']
+        product_template = self.env[model].browse(active_ids)
+        self._update_standard_price(product_template, self.standard_price)
+        return {'type': 'ir.actions.act_window_close'}
diff --git a/product_variant_standard_price_update/wizards/product_variant_standard_price_update.xml b/product_variant_standard_price_update/wizards/product_variant_standard_price_update.xml
new file mode 100644
index 000000000..bda826f9b
--- /dev/null
+++ b/product_variant_standard_price_update/wizards/product_variant_standard_price_update.xml
@@ -0,0 +1,27 @@
+<?xml version="1.0" encoding="utf-8"?>
+<!-- © 2016 Sergio Teruel <sergio.teruel@tecnativa.com>
+     License AGPL-3.0 or later (http://www.gnu.org/licenses/agpl-3). -->
+<odoo>
+
+    <!-- wizard view -->
+    <record id="wizard_view" model="ir.ui.view">
+        <field name="name">Product Wizard Change Standard Price</field>
+        <field name="model">variant.standard.price.update.wiz</field>
+        <field name="arch" type="xml">
+            <form string="Update variant standard price">
+                <div>
+                    You can change cost price for all product variants.<br/>
+                </div>
+                <group>
+                    <field name="standard_price"/>
+                </group>
+                <footer>
+                    <button string="Apply" name="action_apply" type="object" class="oe_highlight"/>
+                    or
+                    <button string="Cancel" class="oe_link" special="cancel" />
+                </footer>
+            </form>
+        </field>
+    </record>
+
+</odoo>