Knowledge quiz

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

1.

Overhead costing allocates indirect costs to cost estimates by applying a percentage or quantity-based fixed amount to a specified cost base.

Choose the correct answer.
2.

Material costing with quantity structure can allocate cost parts that are not contained in the BOM or routing.

Choose the correct answer.
3.

The valuation variant searches the various price sources listed for each strategy in the sequence in which they are entered in the strategy.

Choose the correct answer.
4.

Which of the following can you determine from the costing sheet?

Choose the correct answer.
5.

The purpose of a cost rollup is to ensure that the costs of goods manufactured of all materials in a multilevel BOM are included in the ______________ of the higher-level material.

Choose the correct answer.
6.

The function of the primary cost component split is to show the ______________ of a product when valuating cost centers/activity types and process costs.

Choose the correct answer.
7.

You can assign various cost component structures for each company code and plant.

Choose the correct answer.
8.

Determining prices through planned price iteration is a requirement to create primary cost component splits.

Choose the correct answer.
9.

A costing variant contains all the information required to execute a material cost estimate.

Choose the correct answer.
10.

To determine overhead, you use the ___________ that were posted to the order.

Choose the correct answer.