Standard Cost Scheme Details (ticpr0110m000)

Use this session to display or maintain the cost components that are linked to a specific scheme in the Item - Costing (ticpr0107m000) session.

Field Information

Cost Component Scheme

The code under which cost components are collected.

Cost Component Type

The cost type defines the elements that make up the standard cost and the valuation price. Cost types indicate the type of costs that must be posted to a cost component.

Allowed values

Operation Costs

You can link cost components of this cost type to:

  • Subcontracting items
  • Operation-rate codes
Material Costs

You can link cost components of this cost type to:

  • Standard items
  • Customized items
  • Calculation parts
  • Project items
  • Service items
Surcharge

Unspecified additional costs incurred during the manufacturing process.

Obsolete

You can use this cost type to define cost incurred, for example, when you transfer goods from one work center to another.

General Costs

You can link cost components of this cost type to:

  • Cost items

Examples of general costs are: freight costs, purchase costs, traveling expenses, and so on.

Not Applicable

You must use this value for cost components that are used in Service and in Project .

Component Type

The type of cost component.

Allowed values

Detail

Used to collect costs defined for the specified cost component.

Optional for a valid cost component scheme.

Collect

Used to define costs or rates that are not specifically defined in the cost component scheme. None-specific costs are collected on the related collect cost component.

Note: A valid cost component scheme must have one cost component of the type Collect with the General Costs.
Aggregated

Used to aggregate detail and collect cost components by type: materials, operations, surcharges and general. Each cost component scheme must have an aggregate cost component for each of the types.

Note: A valid cost component scheme must have aggregated cost components specified for all four component types.
Cost Component

cost component

Collect in Scheme

Specify if the selected cost component is linked to a cost component scheme.

Type of Operation Costs

Specify the type of operation costs linked to the cost component.

Allowed values

Labor
Not Applicable
Machine
Labor Overhead
Machine Overhead
Overhead
Subcontract
Not Specified
Fixed / Variable

Specify if the cost component is of the type fixed or variable.

Direct / Indirect

Specify if the cost component is for a direct or indirect cost.