Actual Dairy Production Costing

 

  • Tracks dairy liquid costs by weight/volume and component
  • Calculates actual utilization adjustment based on actual raw milk usage 
  • Standard Costing versus Actual 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 departments
  • 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

State and Federal Order Compliance

  • Class Utilization Adjustment

  • Shrink by Component

  • Financial Integration & Reports

Providing you with . . .

Actual Costing

Real Product Margins

Sound Business Decisions

Actual Costing