| Operation Rates (ticpr1150m000)Use this session to enter the operation rates for standard
and project-related operation costs. Operation rates are used to determine the
operation costs for an item. Performance aspects The settings in this session could affect system performance and database growth. For more information, refer to Cost component setup 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
Operation Rate Code A code that identifies operation rates (labor costs, machine
costs, or overhead costs). The code can be linked to a task or work center.
Each standard cost calculation code can comprise multiple operation rate codes
and associated operation rates. Currency The currency in which the cost is calculated. Note If the Job Shop by Site field in the Implemented Software Components (tccom0100s000) session is set to Active,
this field is the default currency for site-independant operation
rates. . Sequence Number The number that identifies a data record or a step in a
sequence of activities. Sequence numbers are used in many contexts. Usually LN generates the sequence
number for the next item or step. Depending on the context, you can overwrite
this number. Type of Operation Costs The type of costs that the operation rate relates to. Note - The operation costs type must match the cost type
selected in the Cost Component field. Example: If the cost
component cost type is Labor, the
operation cost type must be Labor.
Variable Cost Specifies whether the project surcharges are variable or fixed. If this check box is selected, the surcharge is
considered a variable cost. Otherwise, it is considered a fixed cost. Note Fixed costs are only
included in the standard cost of a project if the Include Fixed Costs in Project Valuation parameter is selected. Rate The rate by man hour or machine hour. The rate that you enter
is valid for the type of operation costs that you defined in the Type of Operation Costs field. 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. Note - The operation costs type must match the cost type
selected in the Cost Component field. Example: If the cost
component cost type is Labor, the
operation cost type must be Labor.
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