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author's profile photo Former Member
Former Member

Costing- Production order

Hi All

What is TOTAL ACTUAL COSTS?

What is TOTAL PLAN COSTS?

What is TOTAL TARGET COSTS?

I am seeing all the above costs in Production Order COST ANALYSIS.

Anyone can explanin me what it is ? from where its coming in to cost analysis?

Thanks in Advance

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    author's profile photo Former Member
    Former Member
    Posted on Jun 16, 2008 at 06:27 AM

    Hi,

    The actual cost is the Cost of the material after the Production

    Plan cost is the cost of material before the production...

    target cost is the targeted cost the material production..that means for this particular material the cost will be targeted eg:10 rs the after the production the cost of material should not exceed this cost....

    if usefu; assign points...

    regards,

    santoshkumar

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