larkin_jack2
11th February 2003, 22:44
Can someone explain to me how Baan IVc calculates
1) Production Operation Costs
and
2) Production Result Costs
If I am not mistaken, I believe the 2 combined should equal your COGS entry.
Thank you
tjbyfield
12th February 2003, 01:58
I am pretty sure that there is a thread on this fairly recently(approx Dec 2002)
Terry
larkin_jack2
17th February 2003, 15:37
do you know where that reply can be found. i tried searching for it but counld not find it.
Paul P
18th February 2003, 06:34
Dear Larkin' Jack II,
You can find bits and pieces on this matter in the following threads:
Std cost formula change B4c4-B5c? (http://www.baanboard.com/baanboard/showthread.php?s=&threadid=8090)
Add.Calc.Office Variance (http://www.baanboard.com/baanboard/showthread.php?s=&threadid=7087)
Rgds,
Paul
Vivek Karandika
18th February 2003, 07:03
Dear,
1) Opeartion cost is calculated based on your Routing of any Mfg item. In routing you decide, Operations to be performed, Work Centres & Machines for the same. Therein you state Number of machine hours & man hours requred. You also feed machine hour rate, labour hour rate & surcharge percentage. With help of all this info Baan calculates Operation Cost of that Mfg Item. On updation, it is available on your Item master. Production : Operation Cost entry is also generated on closing Production order.
2) Production result is nothing but your Production Yield variance. It is mixture of two things - variance of input (actual & standard)0 and variance of output (actual & standard). This entry is also generated on closing production order.
Hope this will help you.
Bye,
Vivek