Job Rec to Inv - Labor Costs Formula

system · March 15, 2013, 12:51pm

I had to perform a comparison of Avg vs Lot costed in a pilot a while back.
If I can find the notes I'll upload.

>logic for our own sanity.
> Non-Stock = True

My old notes will apply to Stock parts.
I wouldn't know if there are any caveats regarding NonStock and Lot Costing.
I only asked because I have seen Avg Cost + NonStock = insanity.

--- In vantage@yahoogroups.com, "Vic Drecchio" <vic.drecchio@...> wrote:
>
> Non-Stock = True
>
>
>
> From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf Of
> b_ordway
> Sent: Friday, March 15, 2013 11:55 AM
> To: vantage@yahoogroups.com
> Subject: [Vantage] Re: Job Rec to Inv - Labor Costs Formula
>
>
>
>
>
> > Lot costed
> > purchased
> > and finished goods.
> and NOT NonStock?
>
> --- In vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com> , "Vic
> Drecchio" <vic.drecchio@> wrote:
> >
> > I think I need more coffee. We use Lot costing on purchased and finished
> > goods.
> >
> >
> >
> > We're trying to determine the logic for our own sanity. :-)
> >
> >
> >
> > From: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
> [mailto:vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com> ] On
> Behalf Of
> > Vic Drecchio
> > Sent: Friday, March 15, 2013 11:36 AM
> > To: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
> > Subject: RE: [Vantage] Job Rec to Inv - Labor Costs Formula
> >
> >
> >
> >
> >
> > Josh, Forgot to mention that, thanks. we use LOT costing on mfg and fg
> > parts.
> >
> > From: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
> <mailto:vantage%40yahoogroups.com>
> > [mailto:vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
> <mailto:vantage%40yahoogroups.com> ] On
> > Behalf Of
> > Joshua Serwe
> > Sent: Friday, March 15, 2013 10:21 AM
> > To: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
> <mailto:vantage%40yahoogroups.com>
> > Subject: RE: [Vantage] Job Rec to Inv - Labor Costs Formula
> >
> > For average costing? The total labor cost is split evenly across each unit
> > completed.
> >
> > Josh Serwe
> >
> > Wisconsin Converting Inc.
> >
> > Warehouse & Logistics Manager
> >
> > (920)437-6400 x 330
> >
> > From: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
> <mailto:vantage%40yahoogroups.com>
> > <mailto:vantage%40yahoogroups.com>
> > [mailto:vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
> <mailto:vantage%40yahoogroups.com>
> > <mailto:vantage%40yahoogroups.com> ] On
> > Behalf
> > Of Vic Drecchio
> > Sent: Friday, March 15, 2013 9:10 AM
> > To: Vantage Yahoo
> > Subject: [Vantage] Job Rec to Inv - Labor Costs Formula
> >
> > Does anyone possibly have the logic/formula used when doing a Job Receipt
> > to
> > Inventory and how the system calculates Labor Hours when moving into
> > Inventory?
> >
> > Thanks.
> >
> > -----
> > No virus found in this message.
> > Checked by AVG - www.avg.com
> > Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13
> >
> > [Non-text portions of this message have been removed]
> >
> > [Non-text portions of this message have been removed]
> >
> > No virus found in this message.
> > Checked by AVG - www.avg.com
> > Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13
> >
> > -----
> > No virus found in this message.
> > Checked by AVG - www.avg.com
> > Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13
> >
> > [Non-text portions of this message have been removed]
> >
> >
> >
> > No virus found in this message.
> > Checked by AVG - www.avg.com
> > Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13
> >
> >
> >
> >
> > -----
> > No virus found in this message.
> > Checked by AVG - www.avg.com
> > Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13
> >
> > [Non-text portions of this message have been removed]
> >
>
>
>
> No virus found in this message.
> Checked by AVG - www.avg.com
> Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13
>
>
>
>
> -----
> No virus found in this message.
> Checked by AVG - www.avg.com
> Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13
>
> [Non-text portions of this message have been removed]
>

system · March 15, 2013, 10:11am

Does anyone possibly have the logic/formula used when doing a Job Receipt to
Inventory and how the system calculates Labor Hours when moving into
Inventory?

Thanks.

-----
No virus found in this message.
Checked by AVG - www.avg.com
Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13

[Non-text portions of this message have been removed]

system · March 15, 2013, 10:21am

For average costing? The total labor cost is split evenly across each unit
completed.

Josh Serwe

Wisconsin Converting Inc.

Warehouse & Logistics Manager

(920)437-6400 x 330

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf
Of Vic Drecchio
Sent: Friday, March 15, 2013 9:10 AM
To: Vantage Yahoo
Subject: [Vantage] Job Rec to Inv - Labor Costs Formula

Does anyone possibly have the logic/formula used when doing a Job Receipt
to
Inventory and how the system calculates Labor Hours when moving into
Inventory?

Thanks.

-----
No virus found in this message.
Checked by AVG - www.avg.com
Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13

[Non-text portions of this message have been removed]

[Non-text portions of this message have been removed]

system · March 15, 2013, 11:36am

Josh, Forgot to mention that, thanks. we use LOT costing on mfg and fg
parts.

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf Of
Joshua Serwe
Sent: Friday, March 15, 2013 10:21 AM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] Job Rec to Inv - Labor Costs Formula

For average costing? The total labor cost is split evenly across each unit
completed.

Josh Serwe

Wisconsin Converting Inc.

Warehouse & Logistics Manager

(920)437-6400 x 330

From: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
[mailto:vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com> ] On
Behalf
Of Vic Drecchio
Sent: Friday, March 15, 2013 9:10 AM
To: Vantage Yahoo
Subject: [Vantage] Job Rec to Inv - Labor Costs Formula

Does anyone possibly have the logic/formula used when doing a Job Receipt
to
Inventory and how the system calculates Labor Hours when moving into
Inventory?

Thanks.

-----
No virus found in this message.
Checked by AVG - www.avg.com
Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13

[Non-text portions of this message have been removed]

[Non-text portions of this message have been removed]

No virus found in this message.
Checked by AVG - www.avg.com
Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13

-----
No virus found in this message.
Checked by AVG - www.avg.com
Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13

[Non-text portions of this message have been removed]

system · March 15, 2013, 11:46am

I think I need more coffee. We use Lot costing on purchased and finished
goods.

We're trying to determine the logic for our own sanity. :-)

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf Of
Vic Drecchio
Sent: Friday, March 15, 2013 11:36 AM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] Job Rec to Inv - Labor Costs Formula

Josh, Forgot to mention that, thanks. we use LOT costing on mfg and fg
parts.

From: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
[mailto:vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com> ] On
Behalf Of
Joshua Serwe
Sent: Friday, March 15, 2013 10:21 AM
To: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
Subject: RE: [Vantage] Job Rec to Inv - Labor Costs Formula

For average costing? The total labor cost is split evenly across each unit
completed.

Josh Serwe

Wisconsin Converting Inc.

Warehouse & Logistics Manager

(920)437-6400 x 330

From: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
<mailto:vantage%40yahoogroups.com>
[mailto:vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
<mailto:vantage%40yahoogroups.com> ] On
Behalf
Of Vic Drecchio
Sent: Friday, March 15, 2013 9:10 AM
To: Vantage Yahoo
Subject: [Vantage] Job Rec to Inv - Labor Costs Formula

Does anyone possibly have the logic/formula used when doing a Job Receipt
to
Inventory and how the system calculates Labor Hours when moving into
Inventory?

Thanks.

-----
No virus found in this message.
Checked by AVG - www.avg.com
Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13

[Non-text portions of this message have been removed]

[Non-text portions of this message have been removed]

No virus found in this message.
Checked by AVG - www.avg.com
Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13

-----
No virus found in this message.
Checked by AVG - www.avg.com
Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13

[Non-text portions of this message have been removed]

No virus found in this message.
Checked by AVG - www.avg.com
Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13

-----
No virus found in this message.
Checked by AVG - www.avg.com
Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13

[Non-text portions of this message have been removed]

system · March 15, 2013, 11:54am

> Lot costed
> purchased
> and finished goods.

and NOT NonStock?

--- In vantage@yahoogroups.com, "Vic Drecchio" <vic.drecchio@...> wrote:
>
> I think I need more coffee. We use Lot costing on purchased and finished
> goods.
>
>
>
> We're trying to determine the logic for our own sanity. :-)
>
>
>
> From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf Of
> Vic Drecchio
> Sent: Friday, March 15, 2013 11:36 AM
> To: vantage@yahoogroups.com
> Subject: RE: [Vantage] Job Rec to Inv - Labor Costs Formula
>
>
>
>
>
> Josh, Forgot to mention that, thanks. we use LOT costing on mfg and fg
> parts.
>
> From: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
> [mailto:vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com> ] On
> Behalf Of
> Joshua Serwe
> Sent: Friday, March 15, 2013 10:21 AM
> To: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
> Subject: RE: [Vantage] Job Rec to Inv - Labor Costs Formula
>
> For average costing? The total labor cost is split evenly across each unit
> completed.
>
> Josh Serwe
>
> Wisconsin Converting Inc.
>
> Warehouse & Logistics Manager
>
> (920)437-6400 x 330
>
> From: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
> <mailto:vantage%40yahoogroups.com>
> [mailto:vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
> <mailto:vantage%40yahoogroups.com> ] On
> Behalf
> Of Vic Drecchio
> Sent: Friday, March 15, 2013 9:10 AM
> To: Vantage Yahoo
> Subject: [Vantage] Job Rec to Inv - Labor Costs Formula
>
> Does anyone possibly have the logic/formula used when doing a Job Receipt
> to
> Inventory and how the system calculates Labor Hours when moving into
> Inventory?
>
> Thanks.
>
> -----
> No virus found in this message.
> Checked by AVG - www.avg.com
> Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13
>
> [Non-text portions of this message have been removed]
>
> [Non-text portions of this message have been removed]
>
> No virus found in this message.
> Checked by AVG - www.avg.com
> Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13
>
> -----
> No virus found in this message.
> Checked by AVG - www.avg.com
> Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13
>
> [Non-text portions of this message have been removed]
>
>
>
> No virus found in this message.
> Checked by AVG - www.avg.com
> Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13
>
>
>
>
> -----
> No virus found in this message.
> Checked by AVG - www.avg.com
> Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13
>
> [Non-text portions of this message have been removed]
>

system · March 15, 2013, 11:57am

Hmmm, haven't used that. We do average for our raw parts and standard for
finished.

Sent from my Android powered by Cellcom

-----Original message-----
From: Vic Drecchio <vic.drecchio@...>
To: vantage@yahoogroups.com
Sent: Fri, Mar 15, 2013 15:47:00 GMT+00:00
Subject: RE: [Vantage] Job Rec to Inv - Labor Costs Formula

[Non-text portions of this message have been removed]

system · March 15, 2013, 12:01pm

Non-Stock = True

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf Of
b_ordway
Sent: Friday, March 15, 2013 11:55 AM
To: vantage@yahoogroups.com
Subject: [Vantage] Re: Job Rec to Inv - Labor Costs Formula

> Lot costed
> purchased
> and finished goods.

and NOT NonStock?

--- In vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com> , "Vic
Drecchio" <vic.drecchio@...> wrote:

>
> I think I need more coffee. We use Lot costing on purchased and finished
> goods.
>
>
>
> We're trying to determine the logic for our own sanity. :-)
>
>
>
> From: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>

[mailto:vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com> ] On
Behalf Of

> Vic Drecchio
> Sent: Friday, March 15, 2013 11:36 AM
> To: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
> Subject: RE: [Vantage] Job Rec to Inv - Labor Costs Formula
>
>
>
>
>
> Josh, Forgot to mention that, thanks. we use LOT costing on mfg and fg
> parts.
>
> From: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>

<mailto:vantage%40yahoogroups.com>

> [mailto:vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>

<mailto:vantage%40yahoogroups.com> ] On

> Behalf Of
> Joshua Serwe
> Sent: Friday, March 15, 2013 10:21 AM
> To: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>

<mailto:vantage%40yahoogroups.com>

> Subject: RE: [Vantage] Job Rec to Inv - Labor Costs Formula
>
> For average costing? The total labor cost is split evenly across each unit
> completed.
>
> Josh Serwe
>
> Wisconsin Converting Inc.
>
> Warehouse & Logistics Manager
>
> (920)437-6400 x 330
>
> From: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>

<mailto:vantage%40yahoogroups.com>

> <mailto:vantage%40yahoogroups.com>
> [mailto:vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>

<mailto:vantage%40yahoogroups.com>

> <mailto:vantage%40yahoogroups.com> ] On
> Behalf
> Of Vic Drecchio
> Sent: Friday, March 15, 2013 9:10 AM
> To: Vantage Yahoo
> Subject: [Vantage] Job Rec to Inv - Labor Costs Formula
>
> Does anyone possibly have the logic/formula used when doing a Job Receipt
> to
> Inventory and how the system calculates Labor Hours when moving into
> Inventory?
>
> Thanks.
>
> -----
> No virus found in this message.
> Checked by AVG - www.avg.com
> Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13
>
> [Non-text portions of this message have been removed]
>
> [Non-text portions of this message have been removed]
>
> No virus found in this message.
> Checked by AVG - www.avg.com
> Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13
>
> -----
> No virus found in this message.
> Checked by AVG - www.avg.com
> Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13
>
> [Non-text portions of this message have been removed]
>
>
>
> No virus found in this message.
> Checked by AVG - www.avg.com
> Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13
>
>
>
>
> -----
> No virus found in this message.
> Checked by AVG - www.avg.com
> Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13
>
> [Non-text portions of this message have been removed]
>

No virus found in this message.
Checked by AVG - www.avg.com
Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13

-----
No virus found in this message.
Checked by AVG - www.avg.com
Version: 2012.0.2240 / Virus Database: 2641/5677 - Release Date: 03/15/13

[Non-text portions of this message have been removed]