About hour-related cost price fields
Important
This content is archived and is not being updated. For the latest documentation, see Microsoft Dynamics 365 product documentation. For the latest release plans, see Dynamics 365 and Microsoft Power Platform release plans.
Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012
The following example illustrates how the mathematical equations in the Cost price field group are calculated in the Hour form. (Click Project management and accounting > Inquiries > Transactions > Hour.)
Example
The following assumptions apply to the example:
An organization in the United States has a customer in France.
The accounting currency of the organization is USD, and hourly costs are expressed in USD also.
The customer utilizes a total of 40 hours, at the sales price of USD 50 per hour.
The following table explains how the amounts in the hour-related cost price fields are calculated for this example.
Field |
Method |
Formula |
Total |
|---|---|---|---|
Hours |
Hours utilized |
40 |
40 |
Cost price |
Price per hour |
1 x 50 |
USD 50 |
Total cost amount |
Hours utilized x cost price per unit |
40 x 50 |
USD 2,000 |
See also
Set up cost prices and sales prices for projects