What is relevant scrap quantity in SAP CO-PC - Product Cost Controlling?

SAP Term: relevant scrap quantity

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: The scrap quantity that affects the calculation of work in process. Scrap confirmations at subsequent reporting points can result in the yield confirmed at a reporting point becoming a relevant scrap quantity.

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• Key Concepts: 
  Relevant scrap quantity is a term used in SAP's CO-PC Product Cost Controlling component. It is the amount of scrap that is considered relevant for cost calculation purposes. This quantity is determined by taking into account the actual scrap rate and the expected scrap rate. 
  
  How to use it: 
  The relevant scrap quantity can be used to calculate the cost of production. It is calculated by taking into account the actual scrap rate and the expected scrap rate. The actual scrap rate is determined by the amount of scrap produced during production, while the expected scrap rate is determined by the expected amount of scrap that should be produced during production. 
  
  Tips & Tricks: 
  It is important to keep track of the relevant scrap quantity in order to accurately calculate production costs. This can be done by regularly monitoring the actual and expected scrap rates and adjusting them accordingly. 
  
  Related Information: 
  The relevant scrap quantity is closely related to other terms such as actual cost, standard cost, and planned cost. These terms are all used to calculate production costs in SAP's CO-PC Product Cost Controlling component.