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.

The subcontractor receives material parts and manufactures the complete material.

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2.

To create a mixed cost estimate, you assign the quantity structure types in the costing version.

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3.

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

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4.

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

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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.

Two-level assignment enables you to make a differentiation only in the itemization.

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7.

The special procurement key entered in the material master record in the MRP view has a higher priority than the key entered in the costing view.

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8.

Actual costing with the material ledger cannot be used to analyze the actual procurement cost.

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9.

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

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10.

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

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