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Introducing Product Cost Planning and Production Accounting in SAP S/HANA
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Summarizing the Basics of Product Cost Planning
Summarizing the Basics of Product Cost Planning
Explaining Cost Estimates and Their Purpose
21 mins
Identifying and Integrating Material Master Data in Product Cost Planning
11 mins
Introducing Quantity Structure and Value Structure
11 mins
Identifying Costing Items in Cost Estimates
11 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
4 mins
Considering the Lot-Based Production (Make-To-Stock Scenario)
4 mins
Considering the Repetitive Production (Make-To-Stock Scenario)
4 mins
Considering the Sales-Order-Related Production (Make-To-Order Scenario)
4 mins
Considering the Project-Related Production (Engineer-To-Order Scenario)
4 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 7 right to pass this unit.
1.
In SAP S/4HANA, what does "quantity structure" refer to in product cost planning?
Choose the correct answer.
The financial breakdown of all costs.
The physical quantities of materials, labor, and resources used to produce a product.
The estimated revenue from product sales.
The hierarchical organization of cost centers.
2.
When must the standard cost estimate be set?
Choose the correct answer.
During production.
When a customer places an order.
When the complete master data is available in the system.
At the beginning of a fiscal year or new season.
3.
Which dates does the system propose from the costing variant?
There are three correct answers.
Validity dates (from/to) of the cost estimate.
Bill of material date.
Valuation date.
Routing date.
Quantity structure date.
4.
What costing method allows businesses to review costs at the assembly level without the requirement for production BOMs?
Choose the correct answer.
Unit Costing
Multilevel Unit Costing
Cost Estimate with Quantity Structure
Costing Run
5.
What is included in the Costs of Goods Manufactured?
Choose the correct answer.
Costs of Goods Manufactured plus additional Sales and Administration costs.
All costs related to materials, production, and associated overhead for materials and production.
Valuation of the planned quantity structure with planned prices.
Valuation of current quantities with current prices.
6.
What is the purpose of a standard cost estimate?
Choose the correct answer.
Valuation of current quantities with planned prices.
Valuation of current quantities with current prices.
Valuation of the planned quantity structure with planned prices.
Valuation of current quantities with tax-based and commercial prices.
7.
In SAP S/4HANA, what does "quantity structure" refer to in product cost planning?
Choose the correct answer.
The financial breakdown of all costs.
The physical quantities of materials, labor, and resources used to produce a product.
The estimated revenue from product sales.
The hierarchical organization of cost centers.
8.
What is the primary purpose of cost estimates in product cost controlling in SAP S/4HANA?
Choose the correct answer.
To predict the cost of producing a finished product and for budgeting purposes.
To determine the standard price of materials.
To calculate the variance between planned and actual costs.
All the above.