‘Product COST CONTROLLING’ (CO-PC) deals with estimating the costs to produce a product/service. CO-PC is divided into two major areas:

• Cost of materials
• Cost of processing

With CO-PC, you can calculate:

• Cost of goods manufactured (COGM)
• Cost of goods SOLD (COGS)

CO-PC is tightly integrated with Production Planning (PP) and Materials Management (MM), in ADDITION to FI. The functionality helps to:

• Calculate Standard Costs of manufactured goods
• Calculate the Work-in-Progress (WIP)
• Calculate the Variances, at period-end
• Finalize settlement of product costs

Note that CO-PC deals only with production costs as it deals only with the production.

‘Product Cost Controlling’ (CO-PC) deals with estimating the costs to produce a product/service. CO-PC is divided into two major areas:

With CO-PC, you can calculate:

CO-PC is tightly integrated with Production Planning (PP) and Materials Management (MM), in addition to FI. The functionality helps to:

Note that CO-PC deals only with production costs as it deals only with the production.