| | Standard Cost CalculationThe Standard Cost Calculation module contains master data used during manufacture in the
calculation of estimated production costs and actual production costs. The
module is used to calculate standard cost and sales prices. Costing work centers allow for separation of planning and
costing. Cost components are user-defined cost structures that make up
standard costs, sales prices, and valuation prices. Cost Component Scheme A costing structure made up of cost components of various cost
types that accommodate all costs: materials, operations, surcharges, labor and
general costs. Operation Rates A rate that is determined by labor, machine or overhead
costs. Simulated Purchase Prices You can maintain simulated purchase prices that are used to
experiment with purchase prices and to compute the results. Calculations You can calculate standard cost by item, valuations prices by
item and items sales prices.
| |