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 ► Assumptions view schema (combobox) select the Estimate Costs valuation.
You can directly enter cost values. For a more detailed cost estimation you can activate the »Estimate Details« checkbox.
- Enter the following estimation costs in the Details view:
Mode | Estimate Costs |
Estimate Details | |
Raw Material | 0.20 EUR / pc |
Machine Cost | 0.70 EUR / pc |
Labor Cost | 2.40 EUR / pc |
Allocation of Investment Costs for Tools | 0.10 EUR / pc |
Allocation of Investment Costs for Fixtures | 0.10 EUR / pc |
Miscellaneous Special Direct Manufacturing 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: | 5.35 EUR / pc |
Prime Cost II: | 6.08 EUR / pc |
Imputed Sales Price: | 6.15 EUR / pc |
Next step: Insert Part