I have one item as finish good.When i make production order to this item i see item cost in this production order in output is 0 from value entry table .
I go to item card i see unit cost is 0 to all transactions that made before. Now i want to change cost from 0 to 210
Are using revaluation journal will do that OR using standard cost work sheet
Costing Method Standard means you set the cost you want manually on the item card. In this case you have standard cost 0, so whatever cost you have on the consumed Components, the cost for the finished item is 0 (the difference between the standard cost and real cost is posted as variance). Change the cost on the item card and revalue earlier transactions via the revaluation journal.
The cost of the finished item is 0. The cost of the raw materials are all posted as variance. You need to enter the desired cost (2555 mpo?) in the Standard Cost field on the item card of the finished item. Then future output will get that value. For earlier transactions, you need to reavaluate then through Revaluation Journal.
If i want to automatically update item card standard unit cost by standard cost worksheet can you tell me what i do according to example above
Meaning how i use standard cost worksheet to update unit cost in item card to standard unit cost and components with average method cost.
EX : suppose i need to know 1 CMT from concrete how much cost and updated it automatically to this finish good item in item card How i do that by standard cost worksheet
Standard Cost Worksheet is designed to roll up cost for many items, for multilevel BOM:s and using calculation factors. If you only need to roll up the cost for one item, press Item-Manufacturing-Calc Standard Cost on the Item Card.
Go to Item Card, press Item-Manucafturing-Calc Standard Cost
In the Standard Cost Worksheet, press Function-Roll up Standard Cost. Enter the Item No. of the finished item, press OK to generate the lines. Then press Functions-Implement Standard Cost Change, enter the Item No. of the finished item. Press OK to implement and then go to the Item Card and verify.
you are true i make as you told me and successfully implemented.after i make this steps i found unit cost in item card is 200 automatically can you told me
this 200 is total of bill of material or what (if possible if i need to detail of 200(bill of material + what) i make total to bill of material is 188
I guess you also have Routing with capacity costs connected to this finished item? To see all cost components, run the report Detailed Calculation, found in Manufacturing-Costing-Reports.