Which of the following must be included to create a standard cost estimate in SAP S/4HANA?

To create a standard cost estimate in SAP S/4HANA, it is essential to include all relevant components that contribute to the overall cost calculation for a product. Each of the elements listed plays a crucial role in determining the standard cost.

Including the bill of materials (BOM) and material master data is vital because the BOM outlines the quantities and types of materials needed to produce a product. This information directly influences the raw material costs included in the standard cost estimate. The material master data contains additional attributes like purchasing and inventory data that are necessary for precise cost calculations.

Cost center, activity type, and pricing are equally important as they relate to the labor and overhead costs associated with production. The cost center defines where costs are incurred in the organization, while activity types categorize the types of work performed. The pricing aspect relates to how these activities are valued, ensuring that labor and overhead expenses are accurately reflected in the cost estimate.

Furthermore, routing provides details regarding the production process, specifying the operations necessary to manufacture the product and the sequence in which these operations are performed. Each step in the routing can incur varying costs based on the resources utilized.

Therefore, to formulate a comprehensive and accurate standard cost estimate, it is necessary to integrate the BOM and material master