No current standard cost estimate found in posting period &3 &4

What causes this issue?

You are attempting to release the standard cost estimate for material
&v1& in plant &v2& for a future posting period. However, the current
standard cost estimate no longer exists in posting period &v3& of
fiscal year &v4&.

System Response

Because of this inconsistency, the standard cost estimate cannot be
released.

How to fix this error?

Notify your system administrator.

Error message extract from SAP system. Copyright SAP SE.