Standard Cost calculation of purchased itemsThe total costs of a purchased item is the sum of the purchase costs, plus surcharges. Both are regarded as added cost (refer to Added costs). The cost calculation code lists, by priority, the type of purchase price used for cost calculation. The current and average purchase prices are retrieved from the Items (tcibd0501m000) session. The simulated purchase price is retrieved from the Simulated Purchase Prices (ticpr1170m000) session. Surcharges are applied to the purchase price. Because the total costs equal the added cost, surcharges of the methods added costs and total costs result in the same amount. The standard cost of a purchased item consists of:
| |||