Reviewing Standard Costs

After updating the production records with the new standard costs calculated by the Cost Rollup process and applied by the Cost Update/Revalue process, you can review the standard costs using several inquiry pages.

Page Name

Definition Name

Usage

Current Costs by Item Page

CM_PRODCOST_INQ

View the standard costs of items.

Prod'n/Standard Cost Detail Page

CM_PRODCOST_DET

Displays the detailed costs maintained by component ID and operation sequence.

Cost Update History Page

CE_REVALUE_VERS

Displays the history of cost updates for a business unit. Each time that you update the production costs, the system records the date and time of the update, as well as the cost type and version.

Items without Current Costs Page

CM_NOPRDNCST_INQ

Determine which items have been added to the business unit but have no costs in the standard production cost record.

Cost Updates by Tolerance Page

CE_ITEMCVAR_RPT2

Displays item cost variances outside a percentage tolerance. If you updated production costs, or ran the Cost Update/Revalue process in report-only mode, and elected to save the variance results, you can report those variances at any time.

Compare Cost Updates Page

CE_ITEMCVAR_RPT

Displays item cost variances. These variances occur when an item's costs are updated and the old cost differs from the new production costs. This information is visible only if you have actually updated production costs, or you elected to save variance information when you ran the update in report-only mode.

Message Log - Search Page

MESSAGE_LOG

Review the status of any background process and view messages for any errors that occurred during the Cost Rollup or Cost Update/Revalue processes.

Current Conversion Rates Page

CE_FRZCONRATES

Displays the current labor, machine, and subcontracting rates and costs. When you update the previous production costs with a new cost type and version and select all items, the system copies the conversion rates and conversion overhead rates that you used to calculate those costs into a record that stores the costs and rates. The system uses these rates within PeopleSoft Manufacturing to calculate the earned labor, machine, and subcontracted costs for completed and scrapped assemblies.

Current Overhead Rates Page

CE_FRZCON_OH

Displays the current conversion overhead rates and costs. When you update the previous production costs with a new cost type and version, and then select all items, the system copies the conversion rates and conversion overhead rates used to calculate those costs into a record that stores the costs and rates. The system uses these rates within PeopleSoft Manufacturing to calculate overhead costs for completed and scrapped assemblies.