| # Item-specific Cost Prices (ticpr2500m000) Use this session to display (simulated) cost prices by price-calculation code, item, and cost component. Depending on how the cost-price structure is defined, you can use aggregated cost components and detailed cost components to report cost prices. The cost components that are listed in this session depend on the item's cost price structure. For more information, refer to Cost components in Manufacturing. Related topics Calculation of cost/valuation prices for standard/customized/STO items Standard cost price Price calculation code Price Calculation Code A specification of how a cost price, valuation price, or sales price is calculated. The code stores specific cost calculation data. The price calculation code that is defined in the Cost Price Calculation (CPR) Parameters determines the standard cost price. Other price calculation codes are used for simulation purposes. The price calculation code for customized items is stored by project. Example Specific operation rates Subcontracting rates Simulated purchase prices Surcharges Item In LN, the raw materials, subassemblies, finished products, and tools that can be purchased, stored, manufactured, sold, and so on. An item can also represent a set of items handled as one kit, or exist in multiple product variants. You can also define nonphysical items, which are not held in inventory but can be used to post costs or to invoice services to customers. The following are examples of nonphysical items: Cost items (for example, electricity) Service items Subcontracting services List items (menus/options) Inventory Unit The unit of measure in which the inventory of an item is recorded, such as piece, kilogram, box of 12, or meter. The inventory unit is also used as the base unit in measure conversions, especially for conversions that concern the order unit and the price unit on a purchase order or a sales order. These conversions always use the inventory unit as the base unit. An inventory unit therefore applies to all item types, also to item types that cannot be kept in stock. Currency The currency in which the prices are expressed. Cost Component A cost component is a user-defined category for the classification of costs. Cost components have the following functions: To break down an item's cost price, sales price, or valuation price. To create a comparison between the estimated production order costs and the actual production order costs. To calculate production variances. To view the distribution of your costs over the various cost components in the Cost Accounting module. Cost components can be of the following cost types: Material Costs Operation Costs Surcharge on Material Costs Surcharge on Operation Costs WIP Transfer Costs General Costs Note If you use Assembly Control (ASC), you cannot use cost components of the General Costs type. Related topics Cost components in Manufacturing Cost Component Type The cost type defines the elements that make up the cost price and the valuation price. Cost types indicate the type of costs that must be posted to a cost component. Number of Units The number of units of materials or hours. The units are: Included in the product structure or the cost-price structure. Saved under the relevant cost component during cost price calculation. Related topics Cost-price calculation for a manufactured item Amount The cost-price amount saved under the relevant cost component during cost price calculation. This amount applies to the operation costs, material costs, and so on. Related topics Cost components in Manufacturing |