Cost
comparisons for different products or different versions of
the same product can be viewed side by side.
Last
year’s cost is kept for history, frozen standard for reporting
and budgeting, current standard is used from performance
measurement, average actual costs provide a sanity check, and
simulated costs are used for forecasting and planning the next
frozen cost.
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Actual and standard cost processing
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Interactive cost simulations
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Raw
material, finished goods and WIP costing
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Double costed inventory reports
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Detailed item cost comparison
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Product cost worksheets
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Frozen, current, simulated, and average actual costs
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Cost breakdown by M-L-O, Purchased services &
Scrap
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Accounting defined
cost rollup criteria
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