| | Standard Cost Details - Cost Type (ticpr3505m100)The cost data is displayed if you: - Carried out a standard
cost calculation by using the standard cost-calculation code.
- Actualized the
standard cost.
Item The raw materials, subassemblies, finished products, and tools
that can be purchased, stored, manufactured, and sold. An item can also represent a set of items handled as one kit,
or which exist in multiple product variants. You can also define nonphysical items, which are not
retained in inventory but can be used to post costs or to invoice services to
customers. The examples of nonphysical items: - Cost items (for example, electricity)
- Service items
- Subcontracting services
- List items (menus/options)
Effective Date The first day on which a record or a setting is valid. The
effective date often includes the effective time. Sequence Number Item costing data can be actualized several times. If item
costing data is actualized two or more times while the effective date is the
same (which can happen, for example, if you select Last Date of Previous Period as the effective date), the item costing data is
distinguished by the sequence number. You can only select Last Date of Previous Period if the Backdate Valuation Price Allowed check box in the Standard Cost Calculation Parameters (ticpr0100m000) session is
selected. Inventory Unit The unit of measure in which the inventory of an item is
recorded, such as piece, kilogram, box of 12, or meter. The inventory unit is also used as the base unit in measure
conversions, especially for conversions that concern the order unit and the
price unit on a purchase order or a sales order. These conversions always use
the inventory unit as the base unit. An inventory unit therefore applies to all
item types, also to item types that cannot be kept in stock. Currency One of a company's base currencies in which LN registers and reports
amounts. In a multicurrency system, up to three home currencies can
be defined: Fixed Material Costs The total fixed costs that are connected to cost components of
the Material Costs cost type. Variable Material Costs The total variable costs that are connected to cost components
of the Material Costs cost type. Full Material Costs The total costs, fixed costs as well as variable costs, that
are connected to cost components of the Material Costs cost type. Fixed Operation Costs The total fixed costs that are connected to cost components of
the Operation Costs cost type. Variable Operation Costs The total variable costs that are connected to cost components
of the Operation Costs cost type. Full Operation Costs The total costs, fixed costs as well as variable costs, that
are connected to cost components of the Operation Costs cost type. Fixed Surcharge on Material Costs The total fixed costs that are connected to cost components of
the Surcharge cost type. Variable Surcharge on Material Costs The total variable costs that are connected to cost components
of the Surcharge cost type. Full Surcharge on Material Costs The total costs, fixed costs as well as variable costs, that
are connected to cost components of the Surcharge cost type. Fixed Surcharge on Operation Costs The total fixed costs that are connected to cost components of
the Obsolete cost type. Variable Surcharge on Operation Costs The total variable costs that are connected to cost components
of the Obsolete cost type. Full Surcharge on Operation Costs The total costs, fixed costs as well as variable costs, that
are connected to cost components of the Obsolete cost type. Fixed General Costs The total fixed costs that are connected to cost components of
the General Costs cost type. Variable General Costs The total variable costs that are connected to cost components
of the General Costs cost type. Full General Costs The total costs, fixed costs as well as variable costs, that
are connected to cost components of the General Costs cost type. Total Fixed Costs The total fixed costs that are connected to cost
components of the following cost types: - Material Costs
- Operation Costs
- Surcharge
- Obsolete
- General Costs
Total Variable Costs The total variable costs that are connected to cost
components of the following cost types: - Material Costs
- Operation Costs
- Surcharge
- Obsolete
- General Costs
Total Full Costs The total costs, fixed costs as well as variable costs,
that are connected to cost components of the following cost types: - Material Costs
- Operation Costs
- Surcharge
- Obsolete
- General Costs
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