BM-G Print/Rollup Standard Costs
Purpose of Program
Use this program to calculate and print standard costs for material, setup, labor, outside processing, fixed overhead, and variable overhead up through all levels of the bill of material. The report will optionally update these costs for the parent item number and all its related components, subassemblies, and their components in the inventory file.
The Print/Rollup Standard Costs program is extremely valuable for manufacturers. It performs complex cost calculations that are difficult to maintain manually. Products can be recosted instantly to reflect changes in material or labor rates. For example, if a component is used throughout many products and its cost has changed, all you must do is change the standard cost on the component, run a cost rollup, and all products that use that component are recosted.
The cost rollup is a two step process. Step one is a rollup of the routings cost. The Print/Rollup Routings Costs program will go through all the manufacturing sequences and will calculate the values in the inventory file for setup, labor, outside processing, fixed overhead, and variable overhead.
Once the routings rollup updates the inventory file for all assembly type items, the bill of material rollup rolls those costs, along with all costs for materials and non inventory items, up through all levels in the product structure to arrive at a total standard cost for the top level parent product. This two step rollup gives you precise control over how and when products are recosted.
General Program Operation
Enter a from/thru range of parent item numbers to print by typing in the item numbers or by selecting item numbers from a pop-up window by pressing the F2 key (or clicking on the Lookup button).
If you want notes and remarks printed, answer yes to the Print Remarks and Notes? prompt.
If you want the current standard costs calculated for the parent item number, but not saved in the inventory file, answer no to the Save Rollup Std Cost Changes? field. If you indicate yes, the program will pass the updated rolled up costs for material, setup, labor, outside processing, fixed overhead, and variable overhead, as well as the total standard cost, over to the inventory file record for the parent item number.
For a shorter report, answer N to Print Product Descriptions? and the component product descriptions will be suppressed, cutting the report length in half.