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.

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

Choose the correct answer.
2.

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

Choose the correct answer.
3.

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

Choose the correct answer.
4.

Which of the following data can be accessed for material costing purposes?

There are two correct answers.
5.

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

Choose the correct answer.
6.

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

Choose the correct answer.
7.

A co-product is a valuated product that is produced simultaneously with one or more products.

Choose the correct answer.
8.

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

Choose the correct answer.
9.

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.

Choose the correct answer.
10.

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

Choose the correct answer.
Learning

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