This form is a tool that can be used to project/estimate the total cost of manufacturing an item. This is very simple to use, just select the Product ID, the BOM setup under the selected product and enter the quantity to manufacture. Then click Print button to show you the details of that cost.
This report is useful because this can be used to identify the costs to be incurred when manufacturing the item. And out of this, managers or upper level of management can create a budget out of the results derive on this form.