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?
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?
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.
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