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  • Product Costing

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    SudharsanRenganathan
    16 views2 pages
    The document discusses product cost planning and costing. It outlines the key components used to determine product costs, including the bill of materials, routings, master recipes, procurement alternatives, and cost elements like material, labor, overhead. It also shows the flow of quantity and value information from the bill of materials and routings through the costing process to the balance sheet and P&L statement.

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    The document discusses product cost planning and costing. It outlines the key components used to determine product costs, including the bill of materials, routings, master recipes, procurement alternatives, and cost elements like material, labor, overhead. It also shows the flow of quantity and value information from the bill of materials and routings through the costing process to the balance sheet and P&L statement.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    Download as pptx, pdf, or txt
    16 views2 pages

    Product Costing

    Uploaded by

    SudharsanRenganathan
    The document discusses product cost planning and costing. It outlines the key components used to determine product costs, including the bill of materials, routings, master recipes, procurement alternatives, and cost elements like material, labor, overhead. It also shows the flow of quantity and value information from the bill of materials and routings through the costing process to the balance sheet and P&L statement.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 2

    Product Costing

    Product Planning Quantity Structure Costing Results


    Cost Components
    BOM Routing
    - Quantity Structure for Product Cost Planning Material
    Labor
    - Master Data
    Pricing
    + Material Master Overhead
    Process
    + Bills of Material Valuation
    + Work Centers / Resources

    Costing

    Usage
    Cost Elements Profitability
    + Routings
    40000 $ Analysis
    + Master Recipe 61000 $
    66000 $
    Production Version
    Value Structure Cost object
    +
    Procurement Alternatives / Mix Ratios
    Controlling
    +
    Price for Materials Itemization
    Rate for Activities M Material $
    M Material $
    Processes Cost
    E Activity $
    Overhead Costs X Process $
    G Overhead $
    Simplified Quantity & Value Flow: Actual
    Costing @ Period EndBalance Sheet P&L
    (variance categories
    Stock (CO & FI)
    Sales
    COGS

    Cost Center $ Prod. Order


    S

    Cost Center $ Prod. Order


    S Supplier

    value flow
    Variance (invoice or settlement) S S
    Plan / Actual Cost components

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