Difference between normal Costing run and Costing run in Material Ledger

Hi everybody,
I have a question i wanted to know why we implement Material Ledger .
If material ledger is for settling variances on material then that is also possible without material ledger
Please clear the doubt what is different in ML as compared to normal costing run
thanks in advance
Regards
Deepa

Costing run is to calculate the std cost estimate of materials and Material Ledger costing run is to calculate Actual cost of production of materials.

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    CREATE TABLE "OE"."CUSTOMERS" ("CUSTOMER_ID" NUMBER(6,0), "CUST_FIRST_NAME" VARCHAR2(20) CONSTRAINT "CUST_FNAME_NN" NOT NULL ENABLE, "CUST_LAST_NAME" VARCHAR2(20) CONSTRAINT "CUST_LNAME_NN" NOT NULL ENABLE, "CUST_ADDRESS" "OE"."CUST_ADDRESS_TYP" , "PHONE_NUMBERS" "OE"."PHONE_LIST_TYP" , "NLS_LANGUAGE" VARCHAR2(3), "NLS_TERRITORY" VARCHAR2(30), "CREDIT_LIMIT" NUMBER(9,2), "CUST_EMAIL" VARCHAR2(30), "ACCOUNT_MGR_ID" NU
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    ORA-39117: Type needed to create table is not included in this operation. Failing sql is:
    CREATE TABLE "IX"."ORDERS_QUEUETABLE" ("Q_NAME" VARCHAR2(30), "MSGID" RAW(16), "CORRID" VARCHAR2(128), "PRIORITY" NUMBER, "STATE" NUMBER, "DELAY" TIMESTAMP (6), "EXPIRATION" NUMBER, "TIME_MANAGER_INFO" TIMESTAMP (6), "LOCAL_ORDER_NO" NUMBER, "CHAIN_NO" NUMBER, "CSCN" NUMBER, "DSCN" NUMBER, "ENQ_TIME" TIMESTAMP (6), "ENQ_UID" VARCHAR2(30), "ENQ_TID" VARCHAR2(30), "DEQ_TIME" TIMESTAMP (6), "DEQ_UID" VARCHAR2(30), "DEQ_
    Processing object type TABLE_EXPORT/TABLE/TABLE_DATA
    . . imported "SH"."CUSTOMERS" 9.850 MB 55500 rows
    . . imported "SH"."SUPPLEMENTARY_DEMOGRAPHICS" 695.9 KB 4500 rows
    . . imported "OE"."PRODUCT_DESCRIPTIONS" 2.379 MB 8640 rows
    . . imported "SH"."SALES":"SALES_Q4_2001" 2.257 MB 69749 rows
    . . imported "SH"."SALES":"SALES_Q1_1999" 2.070 MB 64186 rows
    . . imported "SH"."SALES":"SALES_Q3_2001" 2.129 MB 65769 rows
    . . imported "SH"."SALES":"SALES_Q1_2000" 2.011 MB 62197 rows
    . . imported "SH"."SALES":"SALES_Q1_2001" 1.964 MB 60608 rows
    . . imported "SH"."SALES":"SALES_Q2_2001" 2.050 MB 63292 rows
    . . imported "SH"."SALES":"SALES_Q3_1999" 2.166 MB 67138 rows
    Processing object type TABLE_EXPORT/TABLE/GRANT/OWNER_GRANT/OBJECT_GRANT
    ORA-39083: Object type OBJECT_GRANT failed to create with error:
    ORA-01917: user or role 'USER1' does not exist
    Failing sql is:
    GRANT SELECT ON "HR"."REGIONS" TO "USER1"
    ORA-39083: Object type OBJECT_GRANT failed to create with error:
    ORA-01917: user or role 'EXAM_03' does not exist
    Failing sql is:
    GRANT SELECT ON "HR"."REGIONS" TO "EXAM_03"
    ORA-39083: Object type OBJECT_GRANT failed to create with error:
    ORA-01917: user or role 'USER1' does not exist
    Failing sql is:
    GRANT SELECT ON "HR"."COUNTRIES" TO "USER1"
    ORA-39083: Object type OBJECT_GRANT failed to create with error:
    ORA-01917: user or role 'EXAM_03' does not exist
    Failing sql is:
    GRANT SELECT ON "HR"."COUNTRIES" TO "EXAM_03"
    ORA-39083: Object type OBJECT_GRANT failed to create with error:
    ORA-01917: user or role 'USER1' does not exist
    Failing sql is:
    GRANT SELECT ON "HR"."LOCATIONS" TO "USER1"
    ORA-39083: Object type OBJECT_GRANT failed to create with error:
    ORA-01917: user or role 'EXAM_03' does not exist
    Failing sql is:
    GRANT SELECT ON "HR"."LOCATIONS" TO "EXAM_03"
    ORA-39083: Object type OBJECT_GRANT failed to create with error:
    ORA-01917: user or role 'USER1' does not exist
    Failing sql is:
    GRANT SELECT ON "HR"."DEPARTMENTS" TO "USER1"
    ORA-39083: Object type OBJECT_GRANT failed to create with error:
    ORA-01917: user or role 'EXAM_03' does not exist
    Failing sql is:
    GRANT SELECT ON "HR"."DEPARTMENTS" TO "EXAM_03"
    ORA-39083: Object type OBJECT_GRANT failed to create with error:
    ORA-01917: user or role 'USER1' does not exist
    Failing sql is:
    GRANT SELECT ON "HR"."JOBS" TO "USER1"
    ORA-39083: Object type OBJECT_GRANT failed to create with error:
    ORA-01917: user or role 'EXAM_03' does not exist
    Failing sql is:
    GRANT SELECT ON "HR"."JOBS" TO "EXAM_03"
    ORA-39083: Object type OBJECT_GRANT failed to create with error:
    ORA-01917: user or role 'USER1' does not exist
    Failing sql is:
    GRANT SELECT ON "HR"."EMPLOYEES" TO "USER1"
    ORA-39083: Object type OBJECT_GRANT failed to create with error:
    ORA-01917: user or role 'EXAM_03' does not exist
    Failing sql is:
    GRANT SELECT ON "HR"."EMPLOYEES" TO "EXAM_03"
    ORA-39083: Object type OBJECT_GRANT failed to create with error:
    ORA-01917: user or role 'USER1' does not exist
    Failing sql is:
    GRANT SELECT ON "HR"."JOB_HISTORY" TO "USER1"
    ORA-39083: Object type OBJECT_GRANT failed to create with error:
    ORA-01917: user or role 'EXAM_03' does not exist
    Failing sql is:
    GRANT SELECT ON "HR"."JOB_HISTORY" TO "EXAM_03"
    ORA-39112: Dependent object type OBJECT_GRANT:"OE" skipped, base object type TABLE:"OE"."CUSTOMERS" creation failed
    ORA-39112: Dependent object type OBJECT_GRANT:"OE" skipped, base object type TABLE:"OE"."CUSTOMERS" creation failed
    Processing object type TABLE_EXPORT/TABLE/INDEX/INDEX
    ORA-39112: Dependent object type INDEX:"OE"."CUSTOMERS_PK" skipped, base object type TABLE:"OE"."CUSTOMERS" creation failed
    ORA-39112: Dependent object type INDEX:"OE"."CUST_ACCOUNT_MANAGER_IX" skipped, base object type TABLE:"OE"."CUSTOMERS" creation failed
    ORA-39112: Dependent object type INDEX:"OE"."CUST_LNAME_IX" skipped, base object type TABLE:"OE"."CUSTOMERS" creation failed
    ORA-39112: Dependent object type INDEX:"OE"."CUST_EMAIL_IX" skipped, base object type TABLE:"OE"."CUSTOMERS" creation failed
    ORA-39112: Dependent object type INDEX:"PM"."PRINTMEDIA_PK" skipped, base object type TABLE:"PM"."PRINT_MEDIA" creation failed
    Processing object type TABLE_EXPORT/TABLE/CONSTRAINT/CONSTRAINT
    ORA-39112: Dependent object type CONSTRAINT:"OE"."CUSTOMER_CREDIT_LIMIT_MAX" skipped, base object type TABLE:"OE"."CUSTOMERS" creation failed
    ORA-39112: Dependent object type CONSTRAINT:"OE"."CUSTOMER_ID_MIN" skipped, base object type TABLE:"OE"."CUSTOMERS" creation failed
    ORA-39112: Dependent object type CONSTRAINT:"OE"."CUSTOMERS_PK" skipped, base object type TABLE:"OE"."CUSTOMERS" creation failed
    ORA-39112: Dependent object type CONSTRAINT:"PM"."PRINTMEDIA__PK" skipped, base object type TABLE:"PM"."PRINT_MEDIA" creation failed
    ORA-39112: Dependent object type CONSTRAINT:"IX"."SYS_C005192" skipped, base object type TABLE:"IX"."ORDERS_QUEUETABLE" creation failed
    Processing object type TABLE_EXPORT/TABLE/INDEX/STATISTICS/INDEX_STATISTICS
    ORA-39112: Dependent object type INDEX_STATISTICS skipped, base object type INDEX:"OE"."CUSTOMERS_PK" creation failed
    ORA-39112: Dependent object type INDEX_STATISTICS skipped, base object type INDEX:"OE"."CUST_ACCOUNT_MANAGER_IX" creation failed
    ORA-39112: Dependent object type INDEX_STATISTICS skipped, base object type INDEX:"OE"."CUST_LNAME_IX" creation failed
    ORA-39112: Dependent object type INDEX_STATISTICS skipped, base object type INDEX:"OE"."CUST_EMAIL_IX" creation failed
    ORA-39112: Dependent object type INDEX_STATISTICS skipped, base object type INDEX:"PM"."PRINTMEDIA_PK" creation failed
    Processing object type TABLE_EXPORT/TABLE/COMMENT
    ORA-39112: Dependent object type COMMENT skipped, base object type TABLE:"OE"."CUSTOMERS" creation failed
    ORA-39112: Dependent object type COMMENT skipped, base object type TABLE:"OE"."CUSTOMERS" creation failed
    ORA-39112: Dependent object type COMMENT skipped, base object type TABLE:"OE"."CUSTOMERS" creation failed
    ORA-39112: Dependent object type COMMENT skipped, base object type TABLE:"OE"."CUSTOMERS" creation failed
    ORA-39112: Dependent object type COMMENT skipped, base object type TABLE:"OE"."CUSTOMERS" creation failed
    ORA-39112: Dependent object type COMMENT skipped, base object type TABLE:"OE"."CUSTOMERS" creation failed
    ORA-39112: Dependent object type COMMENT skipped, base object type TABLE:"OE"."CUSTOMERS" creation failed
    ORA-39112: Dependent object type COMMENT skipped, base object type TABLE:"OE"."CUSTOMERS" creation failed
    ORA-39112: Dependent object type COMMENT skipped, base object type TABLE:"OE"."CUSTOMERS" creation failed
    Processing object type TABLE_EXPORT/TABLE/CONSTRAINT/REF_CONSTRAINT
    ORA-39112: Dependent object type REF_CONSTRAINT:"OE"."CUSTOMERS_ACCOUNT_MANAGER_FK" skipped, base object type TABLE:"OE"."CUSTOMERS" creation failed
    ORA-39083: Object type REF_CONSTRAINT failed to create with error:
    ORA-00942: table or view does not exist
    Failing sql is:
    ALTER TABLE "OE"."ORDERS" ADD CONSTRAINT "ORDERS_CUSTOMER_ID_FK" FOREIGN KEY ("CUSTOMER_ID") REFERENCES "OE"."CUSTOMERS" ("CUSTOMER_ID") ON DELETE SET NULL ENABLE
    ORA-39112: Dependent object type REF_CONSTRAINT:"PM"."PRINTMEDIA_FK" skipped, base object type TABLE:"PM"."PRINT_MEDIA" creation failed
    Processing object type TABLE_EXPORT/TABLE/TRIGGER
    ORA-39082: Object type TRIGGER:"HR"."SECURE_EMPLOYEES" created with compilation warnings
    ORA-39082: Object type TRIGGER:"HR"."SECURE_EMPLOYEES" created with compilation warnings
    ORA-39082: Object type TRIGGER:"HR"."UPDATE_JOB_HISTORY" created with compilation warnings
    ORA-39082: Object type TRIGGER:"HR"."UPDATE_JOB_HISTORY" created with compilation warnings
    Processing object type TABLE_EXPORT/TABLE/INDEX/FUNCTIONAL_AND_BITMAP/INDEX
    ORA-39112: Dependent object type INDEX:"OE"."CUST_UPPER_NAME_IX" skipped, base object type TABLE:"OE"."CUSTOMERS" creation failed
    Processing object type TABLE_EXPORT/TABLE/INDEX/STATISTICS/FUNCTIONAL_AND_BITMAP/INDEX_STATISTICS
    ORA-39112: Dependent object type INDEX_STATISTICS skipped, base object type INDEX:"OE"."CUST_UPPER_NAME_IX" creation failed
    Processing object type TABLE_EXPORT/TABLE/STATISTICS/TABLE_STATISTICS
    ORA-39112: Dependent object type TABLE_STATISTICS skipped, base object type TABLE:"OE"."CUSTOMERS" creation failed
    ORA-39112: Dependent object type TABLE_STATISTICS skipped, base object type TABLE:"PM"."PRINT_MEDIA" creation failed
    ORA-39112: Dependent object type TABLE_STATISTICS skipped, base object type TABLE:"PM"."PRINT_MEDIA" creation failed
    ORA-39112: Dependent object type TABLE_STATISTICS skipped, base object type TABLE:"IX"."ORDERS_QUEUETABLE" creation failed
    Processing object type TABLE_EXPORT/TABLE/INDEX/DOMAIN_INDEX/INDEX
    Processing object type TABLE_EXPORT/TABLE/POST_INSTANCE/PROCACT_INSTANCE
    ORA-39112: Dependent object type PROCACT_INSTANCE skipped, base object type TABLE:"IX"."ORDERS_QUEUETABLE" creation failed
    ORA-39083: Object type PROCACT_INSTANCE failed to create with error:
    ORA-01403: no data found
    ORA-01403: no data found
    Failing sql is:
    BEGIN
    SYS.DBMS_AQ_IMP_INTERNAL.IMPORT_SIGNATURE_TABLE('AQ$_ORDERS_QUEUETABLE_G');COMMIT; END;
    Processing object type TABLE_EXPORT/TABLE/POST_INSTANCE/PROCDEPOBJ
    ORA-39112: Dependent object type PROCDEPOBJ:"IX"."AQ$_ORDERS_QUEUETABLE_V" skipped, base object type TABLE:"IX"."ORDERS_QUEUETABLE" creation failed
    ORA-39112: Dependent object type PROCDEPOBJ:"IX"."ORDERS_QUEUE_N" skipped, base object type TABLE:"IX"."ORDERS_QUEUETABLE" creation failed
    ORA-39112: Dependent object type PROCDEPOBJ:"IX"."ORDERS_QUEUE_R" skipped, base object type TABLE:"IX"."ORDERS_QUEUETABLE" creation failed
    ORA-39112: Dependent object type PROCDEPOBJ:"IX"."AQ$_ORDERS_QUEUETABLE_E" skipped, base object type TABLE:"IX"."ORDERS_QUEUETABLE" creation failed
    ORA-39112: Dependent object type PROCDEPOBJ:"IX"."ORDERS_QUEUE" skipped, base object type TABLE:"IX"."ORDERS_QUEUETABLE" creation failed
    Job "SYSTEM"."SYS_IMPORT_TABLESPACE_01" completed with 63 error(s) at 18:09:14

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