Download page Setting the Default Price from Attributes Using a Formula Field.
Setting the Default Price from Attributes Using a Formula Field
You can add a formula field in the Product Attribute Value object and use it in a Price List Item to derive the Default Price from the attribute. On completing this, you no longer have to add the attribute to the attribute group and associate it with the product.
This way, you can make sure that this attribute doesn't show up in the configuration pages when the end user is going through the configuration process.