Material Cost vs. Cost Estimate
Application component: Information System
App type: SAP GUI
Description: The standard system supplies the following three variants of this report: Results of Costing RunYou can display the results of one or more costing runs.  Price versus Cost EstimateYou can compare the selected cost estimates against a material master price that you select. You can, for example, check the revaluation of the warehouse inventories that would result if the selected cost estimates were released.  Variances Between Costing RunsYou can compare costing runs with each other.  Each of these report variants has its own selection screen in which you can specify the criteria by which you want the system to select objects or data for the report.You can do the following: Use the All selections function at any time to display all available selection options (fields)  Define your own selection screens according to your requirements For more information, see Creating Selection Variants.  The field… can be used to... Material Master Price select a price from the material master for comparison with the costing results of the costed materials. If necessary, you can select the key figure Costing/MM to display the variances between the calculated price and the selected material master price. Cost Component View enter the desired cost component view. The cost component groups and values displayed depend on the cost component view. Layout enter a user-defined layout. The report is started with the layout that is entered here. If you do not enter a layout, the system will generate a layout dynamically. The following additional settings can be specified independently of the report variant when you execute the report:Though Extras  … you can... Set currency... Specify whether the costing results should be displayed in company code or controlling area currency Activate cost component group... Specify which cost component group (cost component group 1 or 2) should be used Hide Report Header Hide or show the report header information Selection Scope... Specify which material cost estimates are displayed. You can, for example, only display cost estimates with quantity structure or only additive cost estimates.  Extracts To avoid long runtimes every time you call a report, you can use the function Extract... to save the selected report data as an extract. For more information, see Using Extracts.  Layouts A suitable layout is defined for every report variant. This layout is automatically used in the standard system. You can adjust the report variants supplied in the standard system to suit your requirements. Create a layout with the information you are most interested in. If you want to start the report with your own layout, enter that layout in the selection screen under Layout, or define it as an initial variant. In this case, every report variant starts with this layout. Note See Creating, Changing and Managing Layouts and Managing Layouts for more information on layouts.You can find information about the different functions for interactive processing of the results list under SAP List Viewer for SAP GUI (Classic).  Available Information The following fields or field groups are available in the list screen of the report: Key figures:  Costing/MMThis key figure represents the absolute variance between the cost estimate value and the material master price selected in the selection screen in the report (see the explanation below).  %Costing/MMThis key figure represents the percentage variance between the cost estimate value and the material master price selected in the selection screen in the report against the material master price.  RevaluationThis key figure represents the difference between the value according to the cost estimate (costing value for each price unit times the inventory value) and the value of the entire inventory for each material.  VarCstRunsThis key figure represents the absolute variance between two costing runs.  %VarCstRunsThis key figure represents the percentage variance between two costing runs against the first costing run.  Basic data:contains basic data for the material  Costing 1 / Costing 2:contains basic data on the cost estimates  Valuationcontains data on the valuation, such as the standard price and total inventory  Cost component group 1 / Cost component group 2:contains the defined cost component groups for the cost estimates  CostCompGr(fix) 1 / CostCompGr(fix) 2:contains the defined cost component groups with fixed costs for the cost estimates   Note If you are using mixed costing, refer to the section Special Processing with Mixed Costing.
Business roles: Cost Accountant - Inventory
Controller : 
Sets up and edits organizational structures so that all processes and reports are as accurate as possible. Edits master data, reorganizes company structures, and performs period-end functions.

Cost Accountant - Inventory : 
Calculates and monitors the net value of any inventories, thus helping a company to determine profitability, and ensuring accurate financial statements.