What is fixed-price co-product in SAP CO-PC - Product Cost Controlling?

SAP Term: fixed-price co-product

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: A co-product primary product that goes into the cost estimate at a fixed price. As is the case with by-products, the cost of the fixed price co-product is subtracted from the total cost of the process using the net realizable value method.

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• Key Concepts: 
  Fixed-price co-product is a type of product cost controlling (CO-PC) in SAP. It is used to calculate the cost of a product that is composed of multiple components, each with its own price. The total cost of the product is determined by multiplying the quantity of each component by its price. 
  
  How to use it: 
  In SAP, fixed-price co-products are created in the Product Cost Planning (PCP) module. The user must enter the quantity and price of each component, as well as the total cost of the product. The system then calculates the cost of each component based on its quantity and price. 
  
  Tips & Tricks: 
  When creating a fixed-price co-product in SAP, it is important to ensure that all components are entered correctly and that the total cost of the product is accurate. Additionally, it is important to keep track of any changes in component prices or quantities, as these can affect the total cost of the product. 
  
  Related Information: 
  For more information on fixed-price co-products in SAP, please refer to the official SAP documentation on Product Cost Planning (PCP). Additionally, there are many online resources available that provide detailed tutorials and examples on how to use this feature in SAP.