Cost Calculation Codes (ticpr1100m000)

	Cost Calculation Codes (ticpr1100m000) Use this session to list and maintain cost calculation code for performing standard cost calculations. Related topics Cost Calculation Code Cost calculation Calculation of cost/valuation prices for standard/customized/STO items Cost Calculation Code A specification of how a standard cost, valuation price, or sales price is calculated. The code stores specific cost calculation data. The price calculation code that is defined in the Standard Cost Calculation Parameters (ticpr0100m000) session determines the standard cost. Other cost calculation codes are used for simulation purposes. The price calculation code for customized items is stored by project. Example Specific operation rates Subcontracting rates Simulated purchase prices Surcharges Related topics Cost Calculation Code Direct Costing If this check box is selected, the overhead costs are not included in the standard cost calculation. Related topics Standard cost Valuation prices Include Landed Costs If this check box is selected, landed costs are included in the calculations. Note Price priority Simulated Price is not applicable to landed costs. The costs are calculated based on the levels defined in the Price Priority groupbox. Related topics Landed costs – overview Level 1 The purchase price that LN considers first when calculating the standard cost of a purchased part. If this purchase price has not been entered, LN will take the purchase price with the next highest priority. Allowed values Purchase Price Type Level 2 The purchase price that LN considers second when calculating the standard cost of a purchased part. If this purchase price has not been entered, LN will take the purchase price with the next highest priority. Allowed values Purchase Price Type Level 3 The purchase price that LN considers third when calculating the standard cost of a purchased part. If this purchase price has not been entered, LN will take the purchase price with the next highest priority. Allowed values Purchase Price Type Level 4 The purchase price that LN considers fourth when calculating the standard cost of a purchased part. If this purchase price has not been entered, LN will take the purchase price with the next highest priority. Allowed values Purchase Price Type Last Calculation Date The last date on which a standard cost calculation or valuation price calculation was computed by using the price calculation code. Related topics Cost Calculation Code Calculation Code Type The calculation code type.