/
Browse
/
Courses
/
Detailing Production Accounting by Period
/
Getting into the Process of Event-Based Production Accounting with Product Cost Collectors
Summarizing the Main Points of Production Accounting – Product Cost by Period
Explaining the Product Cost by Period Approach
11 min
Quiz
Describing the Course Scenario for Production Accounting by Period
Getting into the Production Scenario of the Bike Company
11 min
Understanding the Main Settings for the Materials Used
51 min
Following the Material Cost Estimate Calculation in the scenario
51 min
Quiz
Getting into the Process of Event-Based Production Accounting with Product Cost Collectors
Getting into Product Cost Collectors, Target Costs, Work in Process and Variances from a Functional Perspective
51 min
Understanding the Available Backflushing Methods and their Use for the Bike Company Scenario
41 min
Checking the Assembly Backflush Results for Operation 0010 – Cropping and Forming
22 min
Checking the Assembly Backflush Results when the Handlebar Production is finished
21 min
Quiz
Summarizing the Main Points of Production Accounting – Product Cost by Period
Explaining the Product Cost by Period Approach
11 min
Quiz
Describing the Course Scenario for Production Accounting by Period
Getting into the Production Scenario of the Bike Company
11 min
Understanding the Main Settings for the Materials Used
51 min
Following the Material Cost Estimate Calculation in the scenario
51 min
Quiz
Getting into the Process of Event-Based Production Accounting with Product Cost Collectors
Getting into Product Cost Collectors, Target Costs, Work in Process and Variances from a Functional Perspective
51 min
Understanding the Available Backflushing Methods and their Use for the Bike Company Scenario
41 min
Checking the Assembly Backflush Results for Operation 0010 – Cropping and Forming
22 min
Checking the Assembly Backflush Results when the Handlebar Production is finished
21 min
Quiz
Knowledge quiz
It's time to put what you've learned to the test, get 6 right to pass this unit.
1.
Which of the following statements related to target costs are correct?
There are two correct answers.
The Event-Based Production Cost Posting solution allows production costs to be posted when they occur, rather than at the end of the period.
Parallel accounting is not supported by the Event-Based Production Cost Posting solution.
A product cost collector is always the cost object in repetitive manufacturing and has an order category of 05.
2.
When operation 0020 – Assembly is completed, entering the actual values in the Confirm Repetitive Manufacturing app using the Assembly Backflush method triggers an automatic goods issue for the raw materials and a goods receipt for the S11-000 Handlebar.
Choose the correct answer.
True
False
3.
When operation 0010 – Cropping and Forming is completed, the actual values are entered in the Confirm Repetitive Manufacturing app using the Assembly Backflush method. Only the actual activity quantities of the Machine and Labor activity need to be entered because they differ from the default values in the routing.
Choose the correct answer.
True
False
4.
Which of the following statements related to target costs are correct?
There are two correct answers.
You can use the Confirm Repetitive Manufacturing app to carry out the backflush and confirm work progress in repetitive manufacturing.
The Component Backflush confirmation type can be used to post additional consumption of production activities.
An automatic goods receipt is posted at the time of the last reporting point backflush in the repetitive manufacturing process.
5.
The Target Costs are calculated using the actual cost rates, which are stored in the database for reference.
Choose the correct answer.
True
False
6.
In our Handlebar production scenario, when operation 0010 – Cropping is completed, the Confirm Repetitive Manufacturing app does not require any manual entry of actual activity quantities for Machine and Labor activities, as these are automatically calculated and populated based on the default values.
Choose the correct answer.
True
False
7.
Which of the following two statements related to target costs is correct?
Choose the correct answer.
The validity period of the product cost collector cannot extend over several fiscal years.
In the event-based posting process, the product cost collector is debited by reporting point backflushes and credited by goods receipt postings.