With Odoo 10 Enterprise, I have heard/seen claims that we can get real, continual costing for products, based on the labor required and overhead involved for creating the part.

It seems like it should just be a matter of setting up appropriate cycles, cost per hour, etc. on the work centers and Odoo will compute based on the time tracked in each work order operations. Is this possible and is there any documentation on how to ensure proper configuration for this?