diff --git a/erpnext/manufacturing/doctype/bom/bom.py b/erpnext/manufacturing/doctype/bom/bom.py
index 6583e28889a..a1e154d1333 100644
--- a/erpnext/manufacturing/doctype/bom/bom.py
+++ b/erpnext/manufacturing/doctype/bom/bom.py
@@ -1264,16 +1264,16 @@ def _build_base_bom_items_query(bom, company, qty, t):
 def _add_bom_item_columns(query, t, bom, opts, track_semi_finished_goods):
 	is_stock_item = cint(not opts.include_non_stock_items)
 	stock_item_condition = t.item_doc.is_stock_item.isin([1, is_stock_item])
-	# rate is constant per grouped item -> Max() keeps it out of the Sum (preserving the original
-	# Sum(...) * rate * qty arithmetic) while making the expression postgres-valid under GROUP BY.
-	amount_col = (
-		Sum(t.bom_item.stock_qty / IfNull(t.bom_doc.quantity, 1)) * Max(t.bom_item.rate) * opts.qty
-	).as_("amount")
+	if opts.fetch_secondary_items:
+		return _add_secondary_item_columns(query, t, stock_item_condition)
+
+	# BOM Item rate is per row UOM, while BOM Explosion Item rate is per stock UOM. Select the
+	# matching quantity so a normal BOM row's conversion factor is not applied twice.
+	qty_col = t.bom_item.stock_qty if cint(opts.fetch_exploded) else t.bom_item.qty
+	amount_col = (Sum(qty_col / IfNull(t.bom_doc.quantity, 1) * t.bom_item.rate) * opts.qty).as_("amount")
 
 	if cint(opts.fetch_exploded):
 		return _add_exploded_item_columns(query, t, bom, amount_col, stock_item_condition)
-	if opts.fetch_secondary_items:
-		return _add_secondary_item_columns(query, t, stock_item_condition)
 	return _add_normal_item_columns(query, t, amount_col, stock_item_condition, track_semi_finished_goods)
 
 
diff --git a/erpnext/manufacturing/doctype/bom/test_bom.py b/erpnext/manufacturing/doctype/bom/test_bom.py
index 6d45e7452b2..9ff57dae852 100644
--- a/erpnext/manufacturing/doctype/bom/test_bom.py
+++ b/erpnext/manufacturing/doctype/bom/test_bom.py
@@ -101,6 +101,33 @@ class TestBOM(ERPNextTestSuite):
 			self.assertEqual(flt(items_dict[component].qty), 1.0)
 			self.assertNotIn(rm_normal, items_dict)
 
+	@timeout
+	def test_get_items_amount_uses_each_lines_own_rate(self):
+		from erpnext.manufacturing.doctype.bom.bom import get_bom_items_as_dict
+		from erpnext.manufacturing.doctype.production_plan.test_production_plan import make_bom
+
+		rm = make_item(properties={"is_stock_item": 1, "valuation_rate": 10, "stock_uom": "Nos"})
+		if not any(row.uom == "Box" for row in rm.uoms):
+			rm.append("uoms", {"uom": "Box", "conversion_factor": 5})
+			rm.save()
+
+		fg_item = make_item(properties={"is_stock_item": 1, "valuation_rate": 10}).name
+		bom = make_bom(item=fg_item, raw_materials=[rm.name], rm_qty=2, do_not_save=True)
+		bom.append("items", {"item_code": rm.name, "qty": 3, "uom": "Box", "stock_uom": "Nos"})
+		bom.save()
+		bom.submit()
+
+		lines = [row for row in bom.items if row.item_code == rm.name]
+		self.assertEqual(len(lines), 2)
+		self.assertEqual(len({flt(row.rate) for row in lines}), 2)
+
+		requested_qty = 2
+		expected = sum(flt(row.qty) * flt(row.rate) for row in lines) / flt(bom.quantity) * requested_qty
+		items_dict = get_bom_items_as_dict(bom.name, "_Test Company", qty=requested_qty, fetch_exploded=0)
+
+		self.assertEqual(len([row for row in items_dict if row == rm.name]), 1)
+		self.assertAlmostEqual(flt(items_dict[rm.name].amount), expected, places=2)
+
 	@timeout
 	def test_default_bom(self):
 		def _get_default_bom_in_item():