Difference between product costing and cost collector

Hello experts:
Can anybody tell me wich is the difference between the product costing calculation and the preliminary cost estimate for cost collector?
Thanks
Laura

Hi,
Product cost collector is a cost object which collects actual cost which are incurred in the production of materials periodically.  This is normally used in product product cost by period.  Whereas, product cost calculation is wider scope.
Best Regards,
Madhu

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