Defining Product Cost Planning Methods
Understanding Product Cost Planning Basics
Creating Material Cost Estimates Without Quantity Structure
Understanding Product Cost Planning Configuration
Understanding Material Cost Estimate with Quantity Structure
Managing Additional Costing Functions
Describing Additional Valuation Methods

Knowledge quiz

It's time to put what you've learned to the test, get 8 right to pass this unit.

1.

If no special procurement is planned for a material and there is no valid bill of material, the system creates a raw material cost estimate.

Choose the correct answer.
2.

It is always beneficial to combine operation scrap with assembly scrap.

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3.

The purchase order specifies which components of the assembly need to be sent to the vendor.

Choose the correct answer.
4.

You can create only one single procurement alternative for each process category.

Choose the correct answer.
5.

When a material cost estimate is executed, the system first generates a cost component split and itemization for each procurement alternative.

Choose the correct answer.
6.

Which of the following is a disadvantage of the moving average price procedure?

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7.

In a multilevel production structure, variances can occur for various objects at various levels of the production process.

Choose the correct answer.
8.

The special procurement key can specify that one plant transfers inventory to another plant.

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9.

The system creates a mixed cost estimate for the material using the mixing ratios.

Choose the correct answer.
10.

When an operation is processed externally, the data relevant to costing is maintained directly in the subcontracting.

Choose the correct answer.