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variance calculation (CO)
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Controlling (CO)
A stage in the period-end closing process that determines variances for the following objects:
- Cost centers
- Product cost collectors
- Production orders
- Process orders
- Cost object hierarchies
Variances enable you to determine the effects of various factors, such as:
- Changes in the quantities of materials consumed
- Changes in the prices of materials consumed
- Changes in the operating level of the cost center