Finished goods

A finished good is comprised of components, packaging, burdens, byproducts, and comments. The cost of a finished good is the sum of its components and its burden costs. Burden costs are costs of production such as machine setup time, labor, and allocated rent.

Finished goods must be defined as items in the Inventory Control solution before you can create a bill of material. They are set up as inventoried items at the production facility.

A finished good cannot be set up as a catch weight item. It can be tracked by bin, lot, serial number, or multiple unit of measure. See the Inventory Control User Guide.