Lecture 3Introduction to SAP Controlling (CO)FIN419 .docx
Product Costing
1. PRODUCT COSTING Different costs for different purposes? Dries van Boxtel
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3. Framework used Other requirements Costing system - system elements Costing system - business elements Strategy & objectives Page Profitability Operational Control Business Control Input measurement Product Valuation Cost accumulation Cost flow Recording interval Decisions Joint costs By-product costing Financial accounting Cost of costing Trans-parency
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Editor's Notes
Probleemstelling zoals jullie die hebben kunnen lezen in de scriptie.
Het gebruikte framework, uit de theorie met daaraan toegevoegd: joint costs, by-product costing, financial accounting, cost of costing en transparency. Voorbeelden van vragen die VION wil beantwoorden Profitability: product, customer, market, country How much profit did we make on smoked bacon in Q1: should we continue to produce this or should we sell the input product as is? How much profit did we make on customer D last year? Should we sell legs in Italy or in Spain? 2. Business control: performance of sales, production, farming How did fine-deboning perform last month? Was total labor cost in production below or above standard? Operational planning & control We need to produce 10000 KG of Ham Selsec UA 11.5+ kg. How much material is required and how much labor needs to be planned? How much should we charge for a deboned leg? Prices for by-product tenderloin went up last week. How to price the bacon this week? Did site X perform against standards last week? If not, why? Focus in scriptie op business elements, immers: system follows business. Focus in deze presentatie op een aantal elementen: product valuation (theorie), joint costs (VION specifiek) en recording interval (besparing op werkwijze).
Standard + actual needed for variance analysis and financial control Op langere termijn zou toegewerkt kunnen worden naar order specific costing
![Problem definition ,[object Object],Page](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)