10 Overview to Product Costing in ERPx Environments

This chapter contains these topics:

10.1 Objectives

  • To learn how batches must be set up to calculate costs correctly

  • To understand how kit items are costed

  • To understand how co-/by-products are costed at an operation level

    To understand how configured items are costed

10.2 About Product Costing in ERPx Environments

If you use the Product Costing system in any special environment (using batches, kits, rate schedules, processes, or configured items), the system calculates product costs differently.

Understanding product costing in ERPx environments requires the following:

  • Understanding batch product costing

  • Understanding product costing for kit items

  • Working with process industry costing

  • Understanding configured items