how to recognize freight as a separate cost element in cost accounting distributions

We are using Actual costing(FIFO), requirement was to identify 'Freight' as a separate cost element in cost accounting.

1)Lets have a PO created and Received
2)Receiving Freight invoices to Oracle AP and using LCM(Trade Operations)to land them.
3)Run all the pre-req transfer jobs to costing, receipt accounting, run cost accounting distributions and receipt accounting distributions

Setups:
1)Created new cost element-Freight with Overhead type
2) Created Freight in Cost Component Mapping with
CostComponent Source: Predefined
SetName:CommonSet
Destination Cost ElementSet: EnterpriseSet
Cost Element:Freight
Cost Element Type: Overhead

However with above setup in place i am not able to view 'Freight' as a separate cost element. Please highlight if anything configurations are missing. We are on Oracle 24B