Production Costing

New for 2010 Costing Module Features include:

  • Tracks dairy liquid costs by weight/volume and component

            Calculates actual utilization adjustment based on actual raw milk usage         

            
  • Standard Costing

            Maintains standard costs of raw materials

            Uses production formulas to calculate standard costs of finished goods

            Computes production efficiency variances by run

  • Production Costing Provides Actual  

            Labor and overhead rates by date within department

            Procurement costs of ingredients and packaging to calculate finished goods costs

            Production runs/Finished goods costs (i.e. dairy liquids)

            WIP tracking

  • Re-costing Comparisons

            Allows comparison of multiple costing scenarios

            User defined costing periods

            Costing periods run multiple times

            Recalculates production based on FMO announcements

  • Automated interface to Financials - General Ledger

            Captures real time cost of goods sold

            Provides detailed reporting of all costing areas