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SAP Product Costing

SAP Product Costing

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**SAP Product Costing**

What is SAP Product Costing?

SAP Product Costing is a component of SAP's Enterprise Resource Planning (ERP) system that calculates the cost of goods manufactured (COGM) and the cost of goods sold (COGS). It helps businesses understand the cost structure of their products, identify cost drivers, and improve profitability. It commonly uses techniques like standard costing, activity-based costing, and actual costing.

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