Create Should Cost Calculation
To start a calculation, you must create a should cost calculation for your product and define the properties that present the framework conditions for a precise cost calculation.
- In the Details view ► General, select the Estimation valuation.
You can enter cost values directly in the cost summary.
- Select the Cost Summary group in the Details view.
- Expand the entire group. (Expand and Collapse Structure and List)
- Filter the values for »Value is editable« in the Detailsview.
- Enter the following estimation costs in the Details view:
Cost Summary Direct Material Cost Raw Material 0.20 EUR / pc Machine Cost 0.70 EUR / pc Labor Cost 2.40 EUR / pc Allocation of Investment Cost for Tools 0.10 EUR / pc Allocation of Investment Cost for Fixtures 0.10 EUR / pc Manufacturing Overhead Cost 0.90 EUR / pc
FACTON calculates the production costs according to the entered estimation costs. The determined overhead costs provide the estimated imputed sales price.
Result:
Production Cost: | 4.40 EUR / pc |
Prime Cost II: | 5.34 EUR / pc |
Imputed Sales Price: | 5.60 EUR / pc |
Next Step: Insert Part