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Introducing Product Cost Planning and Production Accounting in SAP S/HANA
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Analyzing Cost Estimates and Updating Standard Prices in Material Master records
Summarizing the Basics of Product Cost Planning
Explaining Cost Estimates and Their Purpose
20 mins
Identifying and Integrating Material Master Data in Product Cost Planning
10 mins
Introducing Quantity Structure and Value Structure
10 mins
Identifying Costing Items in Cost Estimates
10 mins
Quiz
Explaining Material Cost Estimates with Quantity Structure
Describing the Quantity Structure
Comprehending the Cost Estimate with Quantity Structure
Analyzing Cost Estimates and Updating Standard Prices in Material Master records
Identifying the Different Production Scenarios and their Prerequisites
Identifying the different business needs of analysis in Production Accounting
3 mins
Considering the Lot-Based Production (Make-To-Stock Scenario)
3 mins
Considering the Repetitive Production (Make-To-Stock Scenario)
3 mins
Considering the Sales-Order-Related Production (Make-To-Order Scenario)
3 mins
Considering the Project-Related Production (Engineer-To-Order Scenario)
3 mins
Quiz
Outlining the Correspondence between Production Scenarios, Controlling Objects, and Master Data
Outlining the MTS Production Process Steps and their Depiction in Production Accounting by Production Order
Knowledge quiz
It's time to put what you've learned to the test, get 8 right to pass this unit.
1.
What must be checked before marking a material cost estimate?
Choose the correct answer.
The material number and storage location.
The transportation costs and insurance rates.
The error status and quantity structure accuracy.
The vendor performance and delivery schedule.
2.
Which of the following material master views are relevant to costing?
There are three correct answers.
Accounting
Costing
Plant Stock
MRP
Forecasting
3.
Which of the following prices can you use to valuate the materials in the cost estimate?
Choose the correct answer.
Tax-based prices
Price control
Planned prices 1, 2, and 3
Commercial prices
4.
What is the primary function of the Comparison of Itemizations app?
Choose the correct answer.
To update the material standard price.
To display costs by cost item.
To compare the itemizations of two material cost estimates.
To define cost component structures.
5.
Which of the following items is not removed from the database when you delete the current standard cost estimate?
Choose the correct answer.
Standard price
Cost component split
Itemization
Link to material master
6.
What is the main purpose of the price control indicator set in the Accounting 1 tab?
Choose the correct answer.
To identify tax-based prices for inventory costing.
To specify manufacturing overhead rates.
To set the base salary for production workers.
To control which price is used to valuate inventory.
7.
Which of the following statements accurately describes the "Marking" process in updating the standard price?
Choose the correct answer.
It updates the current standard price immediately.
It sets a future planned price in the material master without revaluation.
It deletes existing cost estimates from the database.
It sets tax-based and commercial prices immediately.
8.
After releasing a standard cost estimate, which of the following occurs?
Choose the correct answer.
The material cost estimate is deleted from the database.
The system updates the vendor list automatically.
It increases the material’s sales price.
The future planned price becomes the current standard price, and inventory is revalued.
9.
Which app do you use to display a detailed cost breakdown by cost components in SAP S/4HANA?
Choose the correct answer.
Cost Components – Materials app.
Item Categories app.
Comparison of Itemizations app.
Manage Material Cost Estimates app.
10.
When using the Item Categories app, how are internal activity costs displayed?
Choose the correct answer.
As material costs under primary accounts.
Under the secondary account of the activity type.
As part of overhead costs.
Grouped under external activity accounts.