Applying ERP and MES to Implement the IFRS 8 Operating Segments: A Steel Group’s Activity-Based Standard Costing Production Decision Model

External sales Q’ty1910 34,482 Internal sales Q’ty78,090 A1: External customers26,74014.00100 482,74814.00100A2: Intersegment sales478,143 13.5100 A3: Transfers576,072 A4: Byproducts2640 517 A. Revenues = A1 + A2 + A3 + A41,083,595 483,265 B. Semi-manufactured goods C1: Purchasing material808,080 388,267 C2. Byproduct−17,636 Material cost (B − C2) Material cost (C = C1 − C2)790,4449.8870.589.8873.19388,26711.2680.43D. Labor cost36960.050.330.050.3425200.070.52E. Electrical cost103,8961.309.281.309.62 F. CO2 cost3300.000.030.000.0345150.130.94G. Machine cost42,0000.533.750.533.8985000.251.76H. Other cost8020.423.00.00 14,4820.423.00I. Profit = A − C … −H142,4271.8313.041.7512.9364,9801.8713.35