Why product owners and controllers pick Virtuoso
Planned costing in spreadsheets goes stale the moment a wage rate, raw-material price, or recipe changes. Virtuoso pulls all the inputs from the same data model that runs production and procurement — so a planned cost calculation is always a live picture of how the product would cost today.
What you get
- Direct, production, and full cost — calculated for every finished product, with profitability and target prices on the same screen.
- Configurable costing items — your costing structure, your cost elements, your allocation bases, your formulas.
- Modeling on the cost form — change target profitability and recompute price; change selling price and recompute profitability; raise wages by a percentage and watch all dependent items recalculate.
- Approval workflow — planned cost calculations carry a validity period and an approver, so what’s used in pricing is always what was approved.
Capabilities
Costing items and elements
- User-configurable list of costing items.
- Each item: code, number, name, cost element link, primary/overhead, direct/indirect, variable/fixed, allocation base, calculation method, and formula.
- Cost elements grouped according to the enterprise’s chart of accounts.
Inputs from across the business
- Recipes and BOMs for material consumption.
- Routings and labor-intensity cards for processing time and labor cost.
- Price lists and supplier prices for raw materials.
- Tariff grids and staffing data for wage rates.
- Allocation bases for overheads and indirect costs.
Calculation and approval
- Direct cost, production cost, and full cost calculated by costing item.
- Target wholesale price and profitability, target VAT-inclusive price, and target margin.
- Approved planned cost calculations with a validity period and approver.
- Printable representation of every calculation.
Modeling scenarios
- Change target profitability → required selling price.
- Change selling price → resulting profitability.
- Raise main-production wages by a percentage → recalculated dependent items.
- Summary planned costing reports across product lines.
Outcomes
- Quotes priced with confidence, defended by a documented cost structure.
- A formal record of every approved planned cost — when, by whom, valid until.
- Margin pressure tested before contract signature, not after the first invoice.
- A platform actual costing can compare against, line by line.
See your costing model in Virtuoso. Book a working session →