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.

To be able to assess the actual costs of goods manufactured according to the view of the group, it is necessary to keep all real or assumed profits in the value-added chain.

Choose the correct answer.
2.

In Customizing for the costing variant, you can assign a separate overhead costing sheet for the raw material cost estimate.

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3.

In costing, a strategy sequence is used to select a vendor or purchasing info record and prices of vendors is the highest selection criteria.

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4.

The purpose of group costing is to eliminate all real and assumed profits in the value-added chain.

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5.

It is possible to have the system update the assembly scrap field in the material master based on scrap that is reported through confirmations.

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6.

Component scrap is used in MRP to determine the input quantities of components.

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7.

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

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8.

You can use an apportionment structure to calculate the cost of goods manufactured for each co-product.

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9.

Which of the following statements are true?

There are three correct answers.
10.

Phantom assemblies are assembled in their header material.

Choose the correct answer.