Process: SBS-P-DRTR-02-003 Product Costing

Responsibility area: SBS-P-DRTR-02-004 Internal Control 

Risk

Wrong fixed cost absorption in inventory, plant costing model do not comply with group rules  

Objective

RCOM control plant costing model yearly update

Process description

Costing model is the document which explains the way fixed costs and depreciation are allocated to product costing.

Control description

RCOM reviews through a checklist costing models prepared by each FRA of his/her zone. RCOM checks the existence of validation from GCCO and plant manager

Scope
Frequency

Due date : November D10

Control owner

Regional Costing Manager (RCOM)

References

 

Control evidences

IAC 01.01 Validation of costing model by RCOM.xlsx

OP.104  << >> OP.013 & OP.028

 

 

  Guideline  

   
   
   
 I am informed once the standard rates are calculated in the system  
   
 I inform the requester that the standard rates are in the system