Knowledge quiz

It’s time to put what you’ve learned to the test, get 7 questions right to pass this unit.

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.

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.

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.

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.

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

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.

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.

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.