Effective Cost Component Structure (ticpr0112m000)

Use this session to display the list of cost components for the selected item.

 

Cost Component

A cost component is a user-defined category for the classification of costs.

Cost components have the following functions:

  • To break down an item's standard cost, sales price, or valuation price.
  • To create a comparison between the estimated production order costs and the actual production order costs.
  • To calculate production variances.
  • To view the distribution of your costs over the various cost components in the Cost Accounting module.

Cost components can be of the following cost types:

  • Operation Costs
  • Material Costs
  • Surcharge
  • General Costs
  • Not Applicable
Note

If you use Assembly Control (ASC), you cannot use cost components of the General Costs type.

Usage

Specify cost component usage.

Allowed values

Cost Component Usage

Cost Component Type

Specify the type of costs linked to the cost component.

Allowed values

Cost Types