How the Actual cost for a task is calculated?
1 Answers
- In the actual cost calculation, we will be using for resource assignment: CostPerUseOnUnits which is CostPerUse*Units if the resource type is “work” and CostPerUse if the resource type is “material”. StandardRateWithWork = StandardRate * Work
- Actual Cost for a task will be: ActualCost = CostPerUseOnUnits of each resource assignment + StandardRateWithWork * PercentComplete of each resource assignment + ActualCost for resource assignments with cost resource + FixedCost * PercentComplete
