Standard Cost Detail

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Posted on by knovotny

We utilize standard costing in our manufacturing facility. We will roll costs quarterly to update this field. I am wondering how to see the detail of what the standard costs are. For example, I have an item that has a standard cost of $100.00 within that costs there are labor and materials. How do I breakdown what exactly the system is stating the different material costs are in this standard cost number of $100.00?

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Jun Wang 7,443 Super User 2024 Season 2 on at

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Standard Cost Detail

you could run the report Detailed Calculation to get the breakdowns
knovotny 34 on at

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RE: Standard Cost Detail

Thank you! I thought this would work also but this does not match the variance report or the actual cost that is hitting the GL. I am unsure where these numbers are coming from or why they change?
YUN ZHU 74,115 Super User 2024 Season 2 on at

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RE: Standard Cost Detail

Hi, hope the following helps.

http://navhelp.modst.dk/help/en/N_5872.htm

Thanks.

ZHU
knovotny 34 on at

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RE: Standard Cost Detail

Thank you! I have looked at this, however what I would like to know is if you can see a breakout of what the standard cost is made up of. For example, I have a part that is produced using many other parts and labor (according to the BOM). I would like to see what the Standard Cost shows for each parts costs to come up with the main parts total cost of materials.
DAnny3211 9,272 Super User 2024 Season 1 on at

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RE: Standard Cost Detail

hi

look this

learn.microsoft.com/.../finance-about-calculating-standard-cost

DAniele