How is Standard Cost calculated
What you'll learn
- Understand on how SAP ERP system calculates Standard Cost for a Product
Requirements
- Minimum 1 year experience using SAP ERP system
Description
In this course, it covers the following 5 topics.
Product Costing Overview
What is Standard Cost
MAP vs Standard Price
Standard Cost Flow
How is Standard Cost calculated
At the end of this course, you will gain:
Better understanding on how does SAP ERP system calculates Standard Cost of a product
The advantages and disadvantages of using Standard Cost as compared to Moving Average Price
Gain valuable insight from industry expert pertaining to Product Costing in the business context
Who this course is for:
- Those who wish to master Controlling Module in SAP ERP system
Instructor
- 3.7 Instructor Rating
- 5 Reviews
- 21 Students
- 2 Courses
I am a FICO consultant cum instructor, and my speciality is in CO module, particularly CO-PC, Material Ledger/Actual Costing and CO-PA. I had diversified hands-on experience in projects, system design, solutioning, and last but not least, training. It took me more than 10 years to bring me where I am today, and I want to share this valuable knowledge and experience with others, people like you, who wish to master CO module, particularly,