Understanding the Costed Bill of Material Program

When budgeting resources and planning for the future cost of items, you can use the Costed Bill of Material program (P30206) to review costs for both parent items and components.

The program displays summarized costs for the direct components, net-added costs, and total costs for the parent item from the Item Cost Component Add-Ons table. For each component, the program displays costs that it calculates based on the as of date from the bill of material and the required quantity multiplied by the value from the F30026 table. The program uses the as of date to exclude obsolete component lines in the bill of material.

You can review all costs of manufacturing a parent item, including assembly, subassembly, and component costs in either the simulated or the frozen view. The program displays costs in five user-defined categories:

• Purchase

• Labor

• Machine

• Overhead

• Extras

You can review this information:

• Net-added cost for the parent from the F30026 table at the top of the form.

• Cost breakdown for all next-level components.

• Total costs of the parent item from the F30026 table.

• Total of all costs for the parent item.

The program can accumulate purchase costs for up to 500 components on each bill of material. Components beyond 500 are not included in the costing process.

Note: If you update costs on the bill of material by changing required quantities, components, or simulated or frozen costs of the component, the changes are reflected in the costed bill inquiry. To update the cost values in the F30026 as well, you must run the cost simulation again. Otherwise, any changes that you made to the bill of material appear on the Work With Costed Bill form, but not on the Enter Cost Component form.

The totals are either total costs from the F30026 table or columnar totals that are calculated in real time, depending on how you set the processing option for calculating totals.