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Former Member
Sep 20, 2007 at 02:31 AM

What is the meaning for Target Cost / Actual Cost and Plan Cost ?

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Dear All,

I am studing the Target/Actual - Comparsion Report in Production Order (CO02). However, I don't understand some figure in this report.

Target Cost (Materials / Labor) - this value come from cost estimate (Material Update - CK11N and CK24)

Actual Cost (Labor) - this value come from change Activity Type/Price Planning (KP26).

Howver, I can't find how to calculate the value for Materials.

Plan Cost (Labor) - this value come from (Actual Cost (Labour) * no. of operations in the routing).

However, I can't find how to calculate the value for Materials.

Besides, I am not sure the calculation about the value for Overhead.

Is it set in img (Define Costing Sheet) ?

Am I correct for my finding ?

Please help to explain the Target Cost / Actual Cost and Plan Cost

Thanks in advance.

Best Regards,

Leo