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Cost Management - EBS (MOSC)

What are the impacts of using Multiple Material Sub-elements in FIFO costing?

May 24, 2019 5:06PM in Cost Management - EBS (MOSC) Question

We are considering adding another Material sub-element in our FIFO costing.

What are the gotchas, if any?

How is the new material sub-element calculated and added to the cost of the product during PO receiving?

How are the Material OHs earned on this new material sub-element?

What are the impacts on Inventory Valuation and COGS?

Any guidance and sharing of prior experience is greatly appreciated. Thanks!

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