Production Cost Inquiry - Standard Cost Calculation
Hi
I am assessing an issue where I cannot explain the Cost calculation displayed in the Production Cost Inquiry. As an example, I generated a new WO for an Item for a quantity of 2500, where the Cost Components are as follows...
A1 - Material: 656.60
B2 - Setup Labor: 3.96
B3 - Machine Run: 255.30
The calculated Standard Cost is 2,288,049.75 with the following Cost breakdown in the Product Cost Inquiry...
A1 - Material: 1,885,043.00
B2 - Setup Labor: 6,388.00
B3 - Machine Run: 396,618.75
My own calculations lead to a Standard Cost of 2,289,646.75 with the following Cost breakdown...
A1 - Material: 1,641,494.00
B2 - Setup Labor: 9,902.00
B3 - Machine Run: 638,250.75