STANDARD COST

PRODUCT CATEGORY CODE
PART MAINTENANCE STANDARD COST MAINT.
WAREHOUSE STANDARD COST
STANDARD VARIANCE GL ACCT
WORK ORDER INQUIRY SCREEN
SALES ORDER INQUIRY SCREEN
RECREATE FROZEN ROUTE FILE
STANDARD LOT COST MAINT

STAND COST TEST ROLL UP
STANDARD COST ROLL UP
CALCULATE CUMULATIVE STD
UPDATE BACKLOG FOR DIE RPL.
RECALC DIE REPLACE
CALCULATE STD FROM PO'S

PRODUCT CODE LISTING
INVENTORY LISTING
PART STANDARDS
PRODUCT COST REPORT
MULTILEVEL MASTER LISTING
CUMULATIVE MULTILEVEL MASTER
PURCHASE PRICE VAR/ACCRUEL
EXCEPTION VARIANCE REPORT
WORK ORDER ABSORPTION RPT

STANDARD COST

The ABBASOFT Technologies Standard Cost module establishes and calculates standard costs for parts in inventory. Calculate Test, Current or Cumulative Standards options can be performed for individual or all parts using the Bill of Material and Router Control modules for costing input. A Product Cost report prints detailed information for the parts.

KEY BENEFITS

Definition of Product Costs.
Automatic Cost Rollups.

Standard Cost Features

Maintain new and old part standards for any part with Labor, Materials, and Outside Processing costs plus burden associated with any of the three categories. Total cost and the date the standard was last changed is also displayed automatically.

Detailed item specifications that include part types, scrap percentages, lot or serial tracking, obsolete status, bin number, receiving inspection, and product categories provide extensive on-line information at a glance.

Quantity status is maintained in the Part Master file for:

Quantity On-hand
Quantity in Receiving Inspection
Quantity on Purchase and Work Orders
Total Required
Total Committed
Total Available

Calculate Test, Standard, or Cumulative Standards allows one single part or all parts to be rolled up through a single option. Information from the Bill of Materials, operation, work center, and router are used to calculate the new standard cost for the part. A listing to the terminal shows individual costs by part for:

Part Number
Labor§ Material
Outside Processing
Burdens

Values produced through the calculation standards are automatically entered into the part master record and the Part Standard records for each part are updated, shifting current costs for a part into the "old" standard cost.

A product cost report provides detailed cost information to the printer for one or all parts. The report can be generated for any number of assemblies and includes:

Quantity required to build quantity
Material cost with optional display of BOM

Labor and Outside costs with:

Set-up Time
Run Time

Extension TotalsBurden Costing for:

Labor
Materials
Outside Costs

Total costs for material, labor, outside processing, and burden are displayed and totaled for a final product cost per unit for the quantity required. Gross Margin Percentage can be automatically calculated into the sell price, also displayed on the Product Cost Report.

Other detailed reports to the terminal or the printer show master file information for parts, part standards, and product categories.

Flag Selectable Controls

Standards based on standard or average cost
Allow use of accrued Accounts Payable
Update alternate costs with standard costs

Switch from actual cost to standard cost at issue
Bypass Lot Number Entry in AP invoicing
Figure costs from estimated work order stand cost of goods

Reports

Part Standard:	Lists one or all parts with detailed standard costs.
Multilevel and Cum ML Master:	Two options generate multilevel and cumulative multilevel listings for one or all parts.
Purchase Price Variance:	Lists price variances between purchase and vendor costs for each vendor or accrued purchase price for each vendor, for one or all parts by specified date range.
Frozen Router Report:	Generates a product cost report by work order number with costs per quantity and a variable cost calculation.