Android Studio Error "output path is not specified for modules"

Question

I just recently upgraded to the newest version of Android Studio (0.1.1), but I also used Android Studio to relocate my project to my Dropbox folder. So, I'm not exactly sure which one is causing this problem. When I build or try to run my project I get this error:

Cannot start compilation: the output path is not specified for modules  "actionbarsherlock", "EmPubLite-EmPubLite". Specify the output path in Configure Project. 

I can't find any reference to "Configure Project" and the Project Structure option under File no longer works in this release.

Answer 1

Solution for Android Studio version < 1.0 :

You just have to go to your Modules settings > Project and specify a "Project compiler output" and make your modules inherit from project. (For that go to Modules > Paths > Inherit project.

Or you can specify your output for each module if you want.