Where to check the Planned cost ? Prodn order -->goto --> Cost --> Analysis. ?
Hi,
Yes you can track the Planned Cost through Cost analysis.
Regards,
Sundhu
Hi,
Target cost is the cost of goods which u have actually produced but planned cost is the cost of total production order. for example you created a production order for 1000 PCs but you produced 40 PCs uptill now so target cosr would be the cost of 40 Pcs and planned cost would be the cost of 100 Pcs. so i think your planned cost is 298,000 that's why variance is 149,000. Hope you are clear now
Actually The production order Qty is 50 & delivered is 50 qty .So how to track the planned cost now ?
Hi,
Check the std cost estimate in material master(costing tab 2) of finished goods for the current period. If not then you have to first create standard cost estimate (CK11N) and then have to do costing run and release for current and future period(CK40N).
After doing this, your standard cost estimate will appear in material master.
Then do the production cycle from GI of raw material to GR of finished goods.
Then do the variance calculation.
You will find the variance as Variance = Allocated Actual - Actual cost.
Please check and revert.
Thanks
Hrishi
So here as per my Question input : Variance = Allocated Actual - Actual cost.
Variance = 0 -149000
Variance = -149,000 but it is +149,000 why is it so ?
Hi,
You have to analyse the process order through KKBC_ORD.
There are several reasons for the variance.
Kindly go through the blog "Understanding Production Order Variacne Part - 1" and let me know whether you are able to crack down from where the variacne is posted.
Thanks
Ranjit
