what is standard cost. how to find standard cost of a product.
actually requirement is:
for a finished product u need labour cost = 25000, fuel = 1800, power = 500. (assume 1 machine is working for this product)
how can u calculated standard cost for this product. i know the process of product cost, but in KP26 what amount can i enter?
raja sekhar replied
better to create activities for fuel, power and labour and this assaigned to work center. and kp06 u have to enter the amount and kp26 u have to enter the activity cost and kspi u have to run the price calculation then run standard cost estimate, then make a marking and releasing.
if u need help revert back.