What is formula key in work center, how to configure it urgent plzzzzzzzzzz

iam trying to create work center. in costing tab of work center it is asking me to enter formula key. what is formula key. how to configure it. plz explain me
thanks,
monica

Hi,
Formula key is used for calculating the execution time of an activity or for calculating capacity requirements or for calculating costs of a work center's activity type. It can be configured in transaction code OP54.
What is the activity type description you are using?
Thanks
Murali.

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