| Standard Cost by Customized Item (tipcs3550m000)Use this session to display standard costs
by customized item. LN determines the actual
standard cost per customized item, with the financial transactions in the PCS Financial Transactions by Transaction Origin and Financial Trans. (tipcs3500m000) session. All actual costs for an item are retrieved
and divided by the total quantity for that item. Note If you have started
this session by zooming, you can only find and select a record. Project A collection of manufacturing and purchasing actions that are
performed for a particular customer order. A project is initiated to plan and
coordinate the production of the to be manufactured items. For a standard-to-order production, the project is only
used to link the item with the customer order. A project can also include
these: - Customized item data (BOMs and routings)
- Project planning (activity planning)
Project Status Indicates the current progress of the project. The following
status values are available: Item The unique identification of a customized item or a
standard item in a project. 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. Cost Component Type The cost component's cost component type. Note The cost component type is sometimes called cost type. Estimated Amount Variable The standard cost which is posted to the relevant cost
component for estimated operation costs, material costs, and so on, during the
standard cost calculation for a budget. Estimated Amount Total The cost which is posted to the relevant cost component for
estimated operation costs, material costs, and so on, during the standard cost
calculation for a budget. Actual Amount Total The amount which has been entered as actual costs for the
acquisition of the customized item. These costs are posted to the relevant cost
component, when the actual cost is being calculated. Estimated Number of Units The number of units in the form of material or hours, which are
included in the standard cost structure for the customized item. The costs are
posted to the relevant cost component when the estimated cost is being
calculated for the item. Actual Number of Units The number of units in the form of material or hours, which
have been recorded as actual usage for the acquisition of the customized item.
The costs are posted to the relevant cost component, during the actual standard
cost calculation for the item. | |