What is 'price per total quantity' in SAP PLM-PLC - Product Lifecycle Costing?

price per total quantity - Overview

• Component: PLM-PLC

• Component Name: Product Lifecycle Costing

• Description: The calculated price in the reporting currency for the total quantity of an item excluding possible overhead that might occur.

price per total quantity - Details

• 
  Key Concepts: 
  Price per total quantity is a pricing method used in Product Lifecycle Costing (PLM-PLC) within SAP. It is a way of calculating the cost of a product based on the total quantity of the product that is being purchased. This method takes into account the cost of materials, labor, and other costs associated with producing the product. 
  
  How to use it: 
  In order to use this pricing method, you must first enter the total quantity of the product that you are purchasing. This can be done in the “Total Quantity” field in SAP. Once this is entered, you can then enter the cost of materials, labor, and other costs associated with producing the product in the “Price per Total Quantity” field. This will then calculate the total cost of the product based on the total quantity that was entered. 
  
  Tips & Tricks: 
  When using this pricing method, it is important to remember to enter accurate information into SAP. This will ensure that you are getting an accurate calculation of the total cost of the product. Additionally, it is important to keep track of any changes in costs associated with producing the product as this could affect your total cost calculation. 
  
  Related Information: 
  This pricing method is related to other pricing methods such as price per unit and price per item. Additionally, it is