to select, the item to which you want to assign costs.Use this screen to enter cost information for individual items associated with a project. Use this screen after initializing items and whenever you need to make additions or modifications to project item cost.
Enter, or click to select, the item to which you want to assign costs.
If you selected the Allow Multiple Revisions For Each Item check box in the Corporate Settings block on the Configure Product Definition Settings screen, and the item selected has a revision, that revision displays here.
This field displays the text description associated with the item you entered in the Item field. You assign item descriptions in the respective items' (parts, goods, and services) data entry screens.
This field displays the U/M (unit of measure) associated with the item you entered in the Item field. You assign U/M information in the respective items' (parts, goods, and services) data entry screens.
This field displays M (Make) to indicate that the item is made by your company or B (Buy) to indicate that the item is purchased from vendors. This determination is only valid for parts. If an item is a good or a service, this field is blank. You assign Make/Buy status on the Manage Parts screen.
Use the drop-down list to choose the cost type for the item. Choose from the following options:
Reference — Costpoint calculates the total reference cost using the cost elements entered.
Standard — Costpoint calculates the total standard cost using the cost elements entered.
Last — This cost is updated automatically when you enter or create a purchase order. Last costs cannot be added or changed on this screen.
Average — This cost is averaged automatically when you enter or create a purchase order.
You can modify the reference cost for an item at any time, but you can modify the standard cost only if the standard cost method is not in use, or if the standard cost method is in use but no inventory quantities exist for this item.
Enter, or click to select, the project ID to which costs for this item are assigned.
Enter the cost per unit amount of material for this item.
Enter the cost per unit amount of material burden for this item. Material burden is the cost added to cover overhead expenses.
Enter the cost per unit amount of labor for this item.
Enter the cost per unit amount of labor burden for this item. Labor burden is the cost added to cover overhead expenses.
Enter the cost per unit amount of subcontracted services for this item.
Enter the cost per unit amount of subcontract burden for this item. Subcontract burden is the cost added to cover overhead expenses for subcontract purposes.
Enter the cost per unit amount of miscellaneous 1 expense for this item.
Enter the cost per unit amount of miscellaneous 1 burden for this item. A miscellaneous burden is the cost added to cover overhead expenses for purposes not covered under the material, labor, or subcontract categories.
Enter the cost per unit amount of miscellaneous 2 expense for this item.
Enter the cost per unit amount of Miscellaneous 2 burden for this item. A miscellaneous burden is the cost added to cover overhead expenses for purposes not covered under the material, labor, or subcontract categories.
This field displays the cumulative cost per unit total. This total is the sum calculated by adding all costs entered in the preceding fields.
Select this check box to have the current level costs be equal to their total item costs. This typically applies when the item has no bill of materials.
Enter the material cost of the current item, excluding component parts' material costs.
Enter the material burden cost of the current item, excluding component parts' burden costs.
Enter the labor cost of the current item excluding component parts' labor costs.
Enter the labor burden cost of the current item, excluding component parts' burden costs.
Enter the subcontract cost of the current item, excluding component parts' subcontract costs.
Enter the subcontract burden cost of the current item, excluding component parts' burden costs.
Enter the miscellaneous 1 cost of the current item, excluding component parts' miscellaneous 1 costs.
Enter the miscellaneous 1 burden cost of the current item, excluding component parts' burden costs.
Enter the miscellaneous 2 cost of the current item, excluding component parts' miscellaneous 2 costs.
Enter the miscellaneous 2 burden cost of the current item, excluding component parts' burden costs.
This field displays the current level total cost of the current item. This total is calculated by adding all current level costs.