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 : January

Control owner

Service Unit Management accounting - Costing user by region

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