Cost Component Structure with standard Cost Estimate

[Former Member]

Define Cost Component Structure

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Purpose

The Cost Component Structure structures the costs of cost objects by grouping Cost Elements in so-called cost components such as Material Costs, Packaging, Internal  Activity and so on.

Trigger

• Define Cost Component Structure - Cost Component Structure
• Define Cost Component Structure - Cost Component with Attributes
• Define Cost Component Structure - Assign Cost Elements
• Define Cost Component Structure - Assign Organization Units
• Assignment of Cost Component Structure to Controlling Versions

Double click on Cost Component Group and then click on new Entries

Cost component Grp	Name
10	Raw Material
15	Semi Finished Material
20	Finished Material
25	Packing material
35	Chemical Material
45	Power and Fueld
55	Lubrication
65	Process Cost
75	Other Cost

click on save button then click on Cost component with Attributes button

10.Raw Material , Semi finished Goods,Finished Goods, packing material, Chemical, Power and Fuel,Lubrication, Process cost and other cost  

same setting for all the above mentioned components

Step	Field Name	Field Description and Action	R/O
1	Cost Comp Str.	P0 – P001 process Cost	R
2	Cost Comp.	10 – Raw Material	R
3	Cost share	X – Variable Cost	R
4	Cost Summarization	Cost Comp. Grp1 – 10	R
5	Cost roll up	X – Roll up cost Component	R
6	Filter Criteria	X – Cost of Goods Manufactured	R
7	Inventory Valuation	X – Variable Costs	R
8	Commercial Inventory	X – Variable costs	R
9	Transfer Price	X – not Relevant	R
10	Tax inventory	X – Variable Cost	R

Select the cost component structure double click on assignment cost component - Cost element interval.

save double click on cost component view button at the left hand side

double click on assignment : Org Unit - Cost component Structure

Assign the cost component structure to the company code and save.

Activate the cost component structure  

click on save button

2) Standard Cost Estimate  (CK11N)

Purpose

The Material  Cost estimate is Calculated for all in house manufacturing products (FMG & SMG)  this System Access the BOM and

routing or Master  recipe by PP for finish goods it is used to calculated the cost of goods manufactured and cost of goods sold for each

product unit.

Trigger

We want to calculate and save cost estimate for a new product to be produced in the plant P001 since the beginning of Oct 2013.

Prerequisites

Quantity structure of the material was prepared by PP

1) BOM and rate routing for repetitive Manufacturing

2) Master Recipe for Process manufacturing

Required from controlling

The following activity is done by the Controlling:

• Procurement alternative (Valuation Type) were created if more than one version exist
• Mixing Ratio were maintained if more than one more procurement alternative exist (Valuation type)

Cost Estimate for semi-Finished Goods & Finished Goods as below mentioned material is Semi finished goods

Control Data

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Step	Field Name	Field Description and Action	R/O
1	Material Code	00000000691	R
2	Plant	P001	R
Costing Data
3	Costing variant	PPC1 – Standard Cost Variant	R
4	Costing Version	01 – Mix	R

Dates Tab

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Step	Field Name	Field Description and Action	R/O
1	Costing Date from	01.10.2013	R
2	Costing Date to	31.10.2013	R
3	Qty Structure Date	01.10.2013	R
4	Valuation Date	01.10.2013	R

click on

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Note :  As per the Cost component structure costing Group are displaying in standard Cost Estimate as above screen

Thanks

Trinath