Actual Costing

For actual costing, the system calculates current costs and updates the Production Cost table. The system retrieves costs from the Item Cost table using the component's inventory cost method.

For current routing costs, the system retrieves labor and machine rates based on the manufacturing constants. The system retrieves machine rates from the Equipment Rates table and labor rates from the Employee Rates table (31/ER), which is set up in the Generic Message/Rates Records program (P00191). If you select the Employee Rates table as a source of labor costs and the Equipment Rates table as a source of machine costs in the manufacturing constants, but you do not enter them on the routing, then the system issues a warning message and uses the rates from the Work Center Rates table.