Labor Cost
The data in the Labor Cost field comes from different places depending on which cost type, cost method and source are attached to the item. In all cases, the cost comes from the Cost Maint tab of the Item Costs form. Refer to the table below to determine whether the cost comes from the unit cost or current unit cost fields.
Cost Type | Cost Method | Source | Unit Cost or Current Unit Cost |
---|---|---|---|
Actual | Average | Purchased | Unit Cost |
Standard | Average | Purchased | Unit Cost |
Actual | Specific | Purchased | Unit Cost |
Standard | FIFO/LIFO | Purchased | Unit Cost |
Actual | FIFO/LIFO | Manufactured | Current Unit Cost |
Standard | FIFO/LIFO | Manufactured | Unit Cost |
Actual | Specific | Manufactured | Current Unit Cost |
Standard | Specific | Manufactured | Unit Cost |
Actual | FIFO/LIFO | Purchased | Unit Cost |
Standard | Specific | Purchased | Unit Cost |
Actual | Average | Manufactured | Unit Cost |
Standard | Average | Manufactured | Unit Cost |
Standard | Standard | Manufactured | Unit Cost |
Standard | Standard | Purchased | Unit Cost |
The Accum Values Labor Cost field displays the labor cost generated by the Project Resource Transactions form. Accumulated costs cannot be changed on this form. On the Estimate Project Resources form, the Accum Values Labor Cost field is always 0.00000 because you can not run the Resource Transactions activity for an estimate project.