Costing sheet

Use of costing sheet:

In the costing sheet, you determine the following:

• The direct costs to which overhead is applied (calculation base)
• The conditions under which overhead is applied (dependency)
• Whether overhead is calculated on a percentage basis or on a quantity basis
• The amount of the overhead percentage, or the amount of overhead for each unit of measure
• The validity period for the overhead
• Which object (cost center or order) is credited, and under which cost element for actual postings (credit key)

Overhead cost elements: 

IMG à Controlling à Product Cost Controlling à Product Cost Planning  à Basic Settings for Material Costing à Overhead à Maintain Overhead Cost Elements

 Overhead cost elements used to define overhead to products.

Calculation Base: 

IMG à Controlling à Product Cost Controlling à Product Cost Planning  à Basic Settings for Material Costing à Overhead à Costing Sheet: Components à Define Calculation Bases

The calculation base determines to which cost elements overhead is applied together.

We will define 2 bases on which overheads will be calculated:-

1)  Materials

2)  Wages