Costing not authorized in company code &

What causes this issue?

When selecting/determining the quantity structure for a costing run, it
was established that materials from company code &V1& should be
selected. However, you are not authorized to carry out costing in
company code &V1&.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Error message extract from SAP system. Copyright SAP SE.