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production cost collector

Product Cost Controlling (CO-PC)

Object in cost accounting used in repetitive manufacturing and kanban production control.

A separate production cost collector can be created for each production version or material. The collected costs are settled to inventory at the end of the period.

Actual costs result from the following business transactions:

• Final backflush

• Reporting point backflush

• Internal activity allocation

• Revaluation of activities at actual prices

• Overhead calculation

The functions performed for production cost collectors during the period-end closing process include:

• WIP calculation

• Variance calculation

• Settlement