Operation Rates (ticpr1150m000)
Use this session to enter the operation rates for standard operation costs. Operation rates are used to determine the operation costs for an item.
Select a cost calculation code and an operation rate code for which you want to maintain operation rates.
- If the Job Shop by Site field in the Concept Activation (tcemm4600m000) session is set to In Preparation or Active, this session is read-only.
- For all rates, a cost component of the cost type Operation Costs must be specified.
Performance aspects
The settings in this session could affect system performance and database growth. For more information, refer to Cost component setup
Field Information
- Cost Calculation Code
- Operation Rate Code
-
- Currency
-
The currency in which the cost is calculated. This is the operation rate code currency defined in the Operation Rate Codes (ticpr0150m000) session.
- Sequence 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.
Allowed values
- Labor
- Machine
- Labor Overhead
- Machine Overhead
- Labor Setup
- Variable Cost
-
If this check box is selected, the operation rate applies to variable costs.
If this check box is cleared, the operation rates apply to fixed costs.
- 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
-
The 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:- 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.
Default value
LN retrieves the default value from the Standard Cost Calculation Parameters (ticpr0100m000) session.