OracleERP成本管理说课.ppt

* * * * Raw Material Cost Calculation Methods OPMCM uses the following five methods to calculate raw material actual costs: The period moving average cost (PMAC): Calculates the weighted average cost for the period while including the previous period ending inventory balance at the prior period cost. The period weighted average cost (PWAC): The weighted average cost of the raw material received during the period, based on each receipt and the quantity received. The perpetual weighted average cost (PPAC), which is the average cost for the entered receipts and quantities within the defined boundaries of the cost calendar. The last transaction cost method (LSTT): Uses the last transaction within the costing period, regardless of whether the transaction is a receipt or an accounts payable invoice. The last invoice transaction cost (LSTI): Uses the last accounts payable invoice transaction within the costing period, even if there are later receipts with estimated prices. * ( Prior Period Inv Balance * Prev Period Cost)+ S (Trans Qty *Price) PMAC= Prev Period Inv Balance+ S (Trans Qty) Instructor Note The period moving average cost (PMAC) method calculates the average cost for the current period transactions while moving the previous period cost with the last period inventory balance and cost. This ensures the following: There is no mismatch between the inventory accounts and inventory valuations based on unit cost. The current period transaction quantity considered for PMAC raw material GL expense calculations is always the total receipt quantity in that period and is not overridden by the consumption quantity, if any. * Instructor Note The cost calculation for PMAC now includes the prior period inventory balance and the prior period cost, as follows: For raw materials, the GL expense amount is calculated as the sum of GL expenses to be allocated and the product of prior period inventory balance and prior period cost. For produc