Cost Management

Labor rate calculations
- By day, hour or minute

Activity centers
- As many as the user wishes to define

Activity based costing
- Yes

Efficiency factors
- Efficiency may be defined at application level

Effectivity of changes in costs
- Governed by effectively dates of process in relevant product structures

Sub contract process
- May be attributed to any build level

Value-added maintained in stock record
- Any attributed labor, overhead or ABC cost is separately identifiable

Automatic credit for work done
- Attribution of recoveries may be triggered by completion of manufacturing

Allocation of labor and overheads
- Actual labor and ABC costs may be charged by item

Standard costs
- Maintained for planning and comparative purposes

Basis of costing
- FIFO actual based on material used or standard cost, recoveries may be at standard or actual