Cost Control
The Cost Control application has the ability to create, access, and report current costs and standard costs for material, labor, machine, outside processing and overhead for each part. It uses the the Realtime Software Package Bill of Material and Routing files to generate product costs.
Specific features of the Cost Control application include:
- Global and specific fixed burden, variable burden, machine burden, and material burden percentages
- Capability to update the where-used chain for current cost changes
- Cost buildup control parameter maintenance for simulated cost buildup
- Current/standard cost buildup and worksheet for all products or individual products
- Cost buildup variance report and update
- Standard/current costs maintenance
- Option combinations capability for simulated costing
- Alternate routing cost simulation
- Easy to use audit trails
- Revalue work in process update
- Cost Control inquiries and reports are:
- Single/indented level cost (standard or current costs)
- Cost buildup control parameters report
- Gross margin report
- Complete interface with General Ledger
- Capability to update Current Costs on inventory receipt