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Manufacturing & Production

Standard Costing, Cost Rollups & Variance Analysis

A revisioned standard cost per product with material, labour, and machine breakdown, cost rollups through every level of the BOM, and a real 4-way variance analysis against what actually happened.

Key Features

  • Standard cost revision history with an effective date, snapshotted onto every batch and work order
  • Cost rollups from raw material through sub-assembly to finished good — material, labour, and machine cost, not a spreadsheet estimate
  • Material, Yield, Labour (rate + efficiency), and Machine (rate + efficiency) variance decomposition
  • Optional Manufacturing Absorption Costing with a dedicated Xero reconciliation report

Benefits

  • Know exactly what a product should cost, what it actually cost, and where the difference came from
  • A finished-goods valuation that reconciles cleanly to Xero, not a year-end estimate

See Standard Costing, Cost Rollups & Variance Analysis in action