| Product Costing
It is the best source of cost information
your accounting staff will ever see.
 |
Values raw material, WIP and finished goods |
 |
Uses actual, average actual, standard or hybrid costing |
 |
Cost simulations are the cost accountant's sandbox |
 |
Supports side by side detailed product cost comparisons |
 | Identifies order variances |
 | Cost worksheet, bill of material |
 | Secure data to authorized personnel |
|
 |
| WinMAGI unique hybrid costing allows
accountants to cost parts the way they always wanted to. Accountants
can select a costing method best suited for each individual part.
Some parts can be managed with standard costing, some with actual
costing and others with average actual costing. All cost rollups accommodate
what ever choices you make.
All costs are developed using bill of
material, routing and work center information. Cost information is broken down
into the following categories:
 |
Material |
 |
Labor |
 |
Labor overhead |
 |
Machine overhead |
 |
Scrap |
 |
Purchased Services |
WinMAGI develops and stores several different types of
costs:
 |
Frozen standard |
 |
Current standard |
 |
Last actual |
 |
Actual |
 |
Average actual |
 |
Simulated |
 |
Last years cost |
WinMAGI 's unique cost controls
allow the same parts received on different days to carry different
costs. Invoice price changes can revalue the parts and the cost is
automatically updated throughout the WinMAGI system. Raw material,
WIP, labor (direct/indirect) and finished goods can be valued real
time -- separately and in aggregate.

Copyright 2008 - Manufacturing Action Group Inc. - All Rights
Reserved |
|