Sunday, 5 May 2024

Costing

 Lot Cost Process –In case if the Ingredient, Product, By-Product Costing is defined 

as Lot Enabled Item then you have to run this concurrent to get the lot cost.
 Production Lot Cost Output:

 Lot Cost Calculation as Follows:

Product: 552812FOHLAA55 / Lot: HSR_FG00000055 -     3.526000000

Breakup:

Raw Material - 3.126000000
Resource - 0.400000000

Raw Material Calculation:

Item
Actual Qty
Unit Price
Value
22CONSDGOHYA
1.20000
1
1.2
21PLNBWB0400
.92400
2
1.848
20DIRRTTG006
.02600
3
0.078


Sum
3.126

Resource Cost Calculation:

System Setup

Operation
Activity
Resource
Process Qty
UOM
Usage
UOM
Stone Bagging
999
3000
. 00000
GMS
.00000
HR
Kanban Bagging
999
3000
.00000
GMS
.00000
HR
Rack Deallocation
999
3000
.00000
GMS
.00000
HR
Downstream Stud
999
3000
10
GMS
1
HR

System Usage:

Resource Cost = Actual Usage * Resource Cost = 0.4*1 =0.4

Operation
Activity
Resource
Actual Process Qty
UOM
Actual Usage
UOM
Downstream Stud
999
3000
4
GMS
.4000
HR

That is 1 HR is used to prepare 10 GMS. Then to prepare 4 GMS how much HRS




Actual Cost Process- In case if the Ingredient, Product, By-Product Costing is defined as Actual Cost.  Run this concurrent to get the costing.
Example :

Standard Cost Roll up - Run the Standard Cost Roll up if you want the cost to be calculated for the batch transactions.

Before you run this concurrent define the standard cost in Item Cost Window for a particular period.



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