Standard Cost Calculation

The 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

    Costing work centers allow for separation of planning and costing.

  • Cost Component Scheme in Manufacturing

    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.