Hi,
I am running on FIFO costing. I have questions on how to compare my standard bom cost with my actual production cost.
Scenario:
I have standard BOM and routing.
Resource A rate 10 per hr by item basis and set as manual charge type, standard routing set require 1 hr per production build.
When runs production, actual process time actually taken 2hrs. I actually update system to charge in 2.5 hrs.
So, my job resource cost is now 2.5 x 10 = 25.
My question:
How can I know the difference between my actual & standard? Are there any report or screens to tell this?
Pls no hesitate to contact me at
skype: jasminehue
email: jasmine.hue.ly@lkt.com.my
Thanks,
Jasmine [:)]
WIP Standard Vs Actual Costing
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- Posts: 42
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- Location: Malaysia
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- Posts: 42
- Joined: Mon Aug 11, 2008 3:20 am
- Location: Malaysia
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