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Work in Process Costs

You use standard and non-standard discrete jobs, project jobs, repetitive schedules, and flow schedules to collect the costs of production. For standard and non-standard discrete jobs, you value and report work in process costs based on jobs. For project jobs, you value work in process costs based on the projects that jobs are associated with. For repetitive schedules, you value and report work in process costs based on assemblies on a line in a period, not on specific repetitive schedules.

Costing Methods and Work in Process

You can cost standard discrete jobs, non standard discrete jobs, project jobs, and flow schedules in average costing organizations. You can cost repetitive schedules in standard costing organizations only. Costing methods are assigned in the Organization Parameters window in Oracle Inventory. See: Organization Parameters Window and Defining Costing Information.

The following table summarize which costing methods can be used with which manufacturing methods.

Manufacturing Method Standard Costing Organization Average Costing Organization
Standard Discrete Jobs Yes Yes
Non-standard Expense Job Yes Yes
Non-standard Asset Jobs Yes Yes
Project Jobs No Yes
Repetitive Schedules Yes No
Flow Schedules Yes Yes
Project Flow Schedules No Yes
Table 1 - 12. (Page 1 of 1)

Work in Process Costing Transactions

For additional information on Work in Process Cost Transactions please reference the following sections in Cost Management:

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