What is 'standard cost unit rate' in SAP EPM-IM-FPL - EPM IM Flying Profit&Loss (Leopard)?

standard cost unit rate - Overview

• Component: EPM-IM-FPL

• Component Name: EPM IM Flying Profit&Loss (Leopard)

• Description: The ratio of indirect costs to available resources by pool.

standard cost unit rate - Details

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  Key Concepts: 
  Standard cost unit rate is a term used in SAP's EPM-IM-FPL (EPM IM Flying Profit&Loss) module, also known as Leopard. It is a cost rate that is used to calculate the cost of a unit of production. This rate is based on the standard cost of the materials and labor used in the production process. 
  
  How to use it: 
  The standard cost unit rate is calculated by dividing the total cost of production by the number of units produced. This rate can then be used to calculate the cost of each unit produced. The standard cost unit rate can also be used to compare the actual cost of production with the estimated cost of production. 
  
  Tips & Tricks: 
  It is important to keep track of changes in the standard cost unit rate over time, as this can help identify areas where costs can be reduced or improved. Additionally, it is important to ensure that the standard cost unit rate is accurate and up-to-date, as this will ensure that accurate costs are being calculated for each unit produced. 
  
  Related Information: 
  The standard cost unit rate is closely related to other terms such as actual cost, estimated cost, and budgeted cost. Additionally, it is important to understand how these terms interact with each other in order to accurately calculate costs and make informed decisions about