Product Costing using Standard Cost

Material Master Price Control 'S'.   For material with price control 'S', users have to run the product cost estimate to get the latest material price. (usually for material type FERT and HALB)

OMD9 - Check Special Procurement Type

If you are costing the products in the plant they are manufactured in, you can use the special procurement key in the MRP1 view of the materials in the other plants.

Have the special procurement key refer to the production or supplying plant, and when you carry out costing in the other plants, the cost estimate in the production or supplying plant will be pulled through.

Customized Abap Multi-Level BOM Cost Roll-up.
 

What is production planning role in product costing?

The role of product costing in pp is to tell the organisation what is the manufacturing cost of the material which includes the material cost, the machining/labour cost as well as the factory overhead costs. This would tell us what would help in profitability analysis of the manufacturing products.
 

What are the tcodes to view costing reports?

Use the following reports.

S_ALR_87013611 -to see periodic costs
S_ALR_87013637 -to see periodic costs (absorbed to product)
S_ALR_87013612 -to see under absorption
S_ALR_87013640 -Cost Ctrs: Period Breakdown Actual/Plan

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