Calculation of planned costs

What is meant by Calculation of planned costs?

The "calculation of planned costs" refers to the forward-looking computation and planning of costs for future accounting periods in a company. Expected costs are determined based on past experiences, estimates, and planned activities to create a foundation for business management and cost control.

Typical software functions in the area of "calculation of planned costs":

1. Cost Structure Analysis: Breakdown and categorization of fixed costs and variable costs.
2. Forecast Generation: Development of cost estimates based on historical data and future projections.
3. Scenario Modeling: Simulation of various business scenarios and their impacts on planned costs.
4. Cost Driver Analysis: Identification and evaluation of factors that significantly influence costs.
5. Planned Cost Allocation Rate Calculation: Automatic determination of the allocation rate for planned costs.
6. Variance Analysis: Comparison of planned costs with actual costs and calculation of deviations.

Examples of "calculation of planned costs":

1. Material Cost Forecast: Calculation of expected material costs based on planned production quantities and price expectations.
2. Personnel Cost Planning: Calculation of future personnel costs considering salary developments and staffing levels.
3. Investment Cost Estimation: Determination of costs for planned investments and their effects on overall costs.
4. Energy Cost Projection: Prediction of energy costs based on expected consumption quantities and price developments.
5. Maintenance Cost Planning: Calculation of costs for planned maintenance and repair measures.
6. Overhead Cost Estimation: Computation of expected overhead costs for upcoming accounting periods.