Conversion Cost Calculations for Assembled Costs and Fully Exploded Costs Subtabs
The following table contains formulas and criteria based on which the conversion cost for assembled costs and fully exploded items costs subtabs are calculated:
|
Cost Calculation |
Criteria |
Formula |
|---|---|---|
|
Labor Run and Labor Run Overhead |
|
Cost * Labor Resources * (Run Rate/60) * Quantity for build |
|
Labor Setup and Labor setup Overhead |
if (Quantity for build < Costing Lot Size) |
Cost * Labor Resources * (Setup Time/60)* (Quantity for Build / Costing Lot Size) |
|
Labor Setup and Labor setup Overhead |
if (Quantity for build > Costing Lot Size) |
Cost * Labor Resources * (Setup Time/60) |
|
Machine Run and Machine Run Overhead |
|
Cost * Machine Resources * (Run Rate/60) * Quantity for build |
|
Machine Setup and Machine Setup Overhead |
if (Quantity for build < Costing Lot Size) |
Cost * Machine Resources * (Setup Time/60)* (Quantity for build / Costing Lot Size) |
|
Machine Setup and Machine Setup Overhead |
if (Quantity for build > Costing Lot Size) |
Cost * Machine Resources * (Setup Time/60) |
Quantity for build is calculated by considering the base unit (unit of measure) of the .
The following table contains details of where the formula values are retrieved from:
|
Formula Component |
Retrieved From |
|---|---|
|
Cost |
Manufacturing Cost Template page |
|
Labor Resources |
Manufacturing Routing page |
|
Machine Resources |
Manufacturing Routing page |
|
Setup Time |
Manufacturing Routing page |
|
Run Rate |
Manufacturing Routing page |
|
Costing Lot Size |
Item Location Configuration page |
|
Quantity for build |
Product of quantity per top level assembly and build quantity. |
Watch the following help video for cost calculation methods: