Yearly Calculated Measure

NishPatel , If table A and Table B are joined on year and it 1- M reation.

You can create a measure like

sumx(TableB, TableB[Labour]* related(TableA[Cost]))

else get cost in table B using one of the four methods

refer 4 ways to copy data from one table to another
https://www.youtube.com/watch?v=Wu1mWxR23jU
https://www.youtube.com/watch?v=czNHt7UXIe8

and then try measure

sumx(TableB, TableB[Labour]* (TableB[Cost]))

Hi, NishPatel 

Please try to use the below measure.

Cost =
SUMX (
TableB,
TableB[Labor $]
* LOOKUPVALUE ( TableA[Rate], TableA[Fiscal Year], TableB[Fiscal Year] )
)

Hi, My name is Jihwan Kim.

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Hi NishPatel ,

You can create a calculated column as below:

Column = 
VAR _rate =
    CALCULATE (
        MAX ( 'A'[Rate] ),
        FILTER ( 'A', 'A'[Fiscal Year] = 'B'[Fiscal Year] )
    )
RETURN
    'B'[Labor $] * _rate

Best Regards