What is version-specific cost estimate in SAP CO-PC - Product Cost Controlling?

SAP Term: version-specific cost estimate

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: A cost estimate for a production version, executed separately for each product cost collector. A production process with the CO level "Production: Production Version" must be assigned to the product cost collector. Version-specific cost estimates use the BOM and routing of the production version.

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• Key Concepts: 
  Version-specific cost estimates are used in SAP Product Cost Controlling (CO-PC) to calculate the cost of a product or service. This cost estimate is based on the version of the product or service that is currently being produced. It takes into account all of the costs associated with producing the product or service, including materials, labor, overhead, and other costs. The version-specific cost estimate is used to determine the profitability of a product or service and to help make decisions about pricing and production. 
  
  How to use it: 
  In SAP Product Cost Controlling (CO-PC), version-specific cost estimates are created by entering the relevant data into the system. This includes information about the product or service, such as its version number, materials used, labor costs, overhead costs, and other costs. Once all of the data has been entered, the system will calculate the total cost of producing the product or service. 
  
  Tips & Tricks: 
  When creating a version-specific cost estimate in SAP Product Cost Controlling (CO-PC), it is important to ensure that all of the relevant data is entered accurately. This will ensure that the cost estimate is accurate and can be used to make informed decisions about pricing and production. 
  
  Related Information: 
  SAP Product Cost Controlling (CO-PC) also includes other features such as cost object controlling, activity-based costing, and profitability analysis. These features can be used in conjunction with version-specific cost estimates to gain a better understanding of a product or service's profitability and to make more informed decisions about pricing and production.