Understanding the Standard Product Cost Estimate

Product costing is one of the key areas in Manufacturing and process industries. It is used for estimating and valuating the internal cost of a product.Product cost planning is used for estimating/predicting the cost incurred in producing a Finished Product . This estimate is also used for budgeting purpose . When the material is actually produced, the actual cost is incurred and the variance between planned cost and the actual cost is calculated. Based on the magnitude of variance, decision is taken to re-estimate the cost of the materials.

Standard Cost estimate is the basis of product cost planning . This is nothing but the estimation of cost of a particular product, being manufactured.

Before getting in to SAP terminologies, let’s relate it with a very simple practical scenario, so that it is more clear and understandable.
Suppose a company is manufacturing glass containers. The components used are

1. The Glass
2. The Cap

How discover batch jobs that are running for a specific program?

To discover which batch jobs are running for a specific program you have to first find out the program name then use the transaction SM37 to look for the jobs.
To do this follow the steps:

1. Go to transaction SE93 and fill the transaction code and click on Display. In this example we are using the transaction FBL3N;

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