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Labor rate calculations- By day, hour or minute

Activity centers- As many as the user wishes to define

Activity based costing- Yes

Efficiency factors- Efficiency may be defined at application level

Effectivity of changes in costs- Governed by effectively dates of process in relevant product structures

Sub contract process- May be attributed to any build level

Value-added maintained in stock record- Any attributed labor, overhead or ABC cost is separately identifiable

Automatic credit for work done- Attribution of recoveries may be triggered by completion of manufacturing

Allocation of labor and overheads- Actual labor and ABC costs may be charged by item

Standard costs- Maintained for planning and comparative purposes

Basis of costing- FIFO actual based on material used or standard cost, recoveries may be at standard or actual

Other Applications

The following applications are designed to work hand-in-hand with Cost Management:

"Cost Management" is part of the WinMan line of products, developed by TTW.