Create a Standard for Configurable Materials for Variance Analysis
Configurable materials, by definition, do not have a standard cost. To better understand manufacturing variances for configurable products such as a computer or car, you can create a standard cost based on the variant configuration options chosen in a sales order item. Learn which master data and configuration is required to create this temporary standard cost, and how it affects variance analysis.
Attend this session to:
- Learn about the master data and settings to create a standard cost for configurable materials in a sales order item, including super-BOMs and super-routings
- See how variant configuration is leveraged to ensure the correct components and operations are selected to create a standard cost
- Obtain an overview of the accounting entries for make-to-order and how it is more accurate for configurable materials than just one standard
Take away from this session details of variance analysis you can apply to configurable materials and relevant GL account postings.
Register today and learn how to create a standard cost for confgurable materials to analyze variances.