Which four steps need to be completed to establish standard costs for a make item?

Establishing standard costs for a manufactured item is a multi-step process. First, a cost scenario (F) must be created to serve as a container for the cost definitions. Within this scenario, standard costs for components, resources, and overheads are added (E). Next, the cost roll-up process (B) is executed, which calculates the total standard cost for the make item by aggregating the costs of its components and manufacturing processes defined in the work definition. Finally, the calculated costs are published (C), which updates the item's official standard cost in the cost organization.

A. Run preprocessor: The preprocessor is an internal part of the cost roll-up process, not a distinct, user-executed step in this high-level workflow.

D. Export item costs: Exporting is a data management action used to move cost data out of the system; it is not a required step for establishing the cost.

1. Oracle Fusion Cloud SCM

Using Cost Management

23D

Chapter 3: Standard Costs

Section: "Standard Costing Process". This section outlines the end-to-end flow: "Create cost scenarios

" "Define standard costs

" "Roll up costs

" and "Update standard costs" (Publish).

2. Oracle Fusion Cloud SCM

Implementing Cost Management

23D

Chapter 3: Standard Costs

Section: "Cost Roll-up: Explained". This document describes the roll-up process as a key step after defining costs in a scenario and before publishing.