What is costing variant type in SAP CO-PC - Product Cost Controlling?

SAP Term: costing variant type

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: An indicator that controls which cost estimate is used to calculate the target costs.

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• Key Concepts: 
  A costing variant type is a template used in SAP Product Cost Controlling (CO-PC) to define the costing process for a particular product. It contains the settings for the cost estimate, cost object structure, and cost component structure. It also defines the costing methods and valuation methods used in the costing process. 
  
  How to use it: 
  The costing variant type is used to define the costing process for a particular product. It is created in the Cost Object Structure (COS) and Cost Component Structure (CCS) of the CO-PC module. The settings in the costing variant type are then used to determine how the product will be costed. 
  
  Tips & Tricks: 
  When creating a costing variant type, it is important to ensure that all of the settings are correct and that they match the requirements of the product being costed. This will ensure that the costing process is accurate and efficient. 
  
  Related Information: 
  For more information on how to create and use costing variant types in SAP Product Cost Controlling, please refer to SAP Help documentation or contact your local SAP support team.