Standard Costs

Compare your actual costs to your standard costs at month-end to determine what departments and operations within each department are over/under the expected cost for the production processed. Book variances to the general ledger to accurately reflect inventory values; this is referred to as a "textbook" standard cost application.

  • Breakout overhead by fixed and variable pricing
  • Integrate with production, scrap, purchasing and other modules for seamless data flow
  • Cost out individual operations by labor hours or weight
  • Monitor inventory variances monthly to avoid year-end inventory write-offs