DYNAMIC 3i COST CONTROL MODULE

Accessible and Comprehensive

Through Cost Control you have access to immediate cost inquiry and comprehensive cost inquiry and comprehensive cost reporting. Variable cost methods make this module a powerful tool.

Cost Calculations

The Cost Control module calculates and reports on standard costs for each level of a bill of materials, for each work centre where items are used, or for an entire bill of materials. For importers of production components, a landed cost, in vendor funds, with added costs, can be maintained in Inventory Control.

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Cost-to-date Calculation

The inquiry feature also provides a running cost-to-date figure for jobs at the various stages of their progress. The system's calculations pinpoint:

• cost for each component of finished goods
• assembly costs
• labour
• variable and fixed overhead.

Cost Changes

Before updating fixed and variable overhead costs you may use the module's simulation feature to model overhead and parts changes in the production process. This helps you to determine the effect of cost changes on product costs.

Cost Reports

DYNAMIC 3i generates reports showing the relationships between actual, standard, and average costs. Reports include:

• summarized or detailed comparisons of actual and standard costs
• cost of production, showing price units for labour, materials and overhead
• inventory list showing cost and manufacturing data.

Linkages

Cost Control integrates with Bill of Materials, Engineering and Tooling, Production Control, and Inventory Control.

Features

• Cost simulations
• "Where-used" (indicated) cost calculations Standard and actual cost comparisons