Enter new Actual Cost Rates

Explanation

This activity is used to enter or calculate the actual cost rates for labor classes and work centers. To be able to calculate the actual cost rates, corresponding total cost must be entered. In the Max Allowed Deviation (%) you can enter the deviation that is allowed without any warnings.

New actual cost rate for work centers and labor classes used if operation transactions re-run and updated when the periodic weighted average is performed. To use the new actual cost rates in the periodic weighted average calculation, the period must be approved.

Prerequisites

A labor class must be defined in the Manufacturing Labor Class page.

A work center must be defined in the Work Center page.

System Effects

Actual Cost Rates will be saved.