actual or plan cost take as an account

[Former Member]

hi

plz tell me answer

In the CK11N ,we just find for one finished product cost, here we will estimate machine cost and labor cost but during production order ,here which one we will take estimate cost or really incurred cost or plan cost estimated in ck11n, generally we donu2019t take actual cost. in the real time what will happen

thank you

soumya

[Former Member · Accepted solution]

Dear Sowmya, Plan price is entered in KP26 but actual price is entered in KBK6. After entering the actual price in KBK6, you can do actual price calculation. This activity brings in extra debit or credit into the production order in order to get the actual cost of the product. Trust this answers to your query and helps much in resolving your problem! Regards, Ashok SINGH

[Former Member]

IT is valuated with the plan price of the activity (machine or labor) picking it from kp26.

at the period end we reevaluate the production order with actuals to reflect the actual prices.