TFIN20_2 (Unit 2)

Material cost estimates are saved with reference to a _______.

Products produced in more than one plant have a separate cost estimate for each plant. True. False.

To value material movements in Logistics, the system accesses the costing results. True. False.

The __________ determines the organizational level at which the material is valuated.

To use material costing, it is mandatory that you establish each plant as a ____________.

The synonyms for the term material master are material, item master, product, and assembly. True. False.

In costing, the material master is involved in the calculation of ____________ and __________.

The Accounting, Costing, and MRP views are relevant to _________.

Accounting view in the Material Master. Relevant to material valuation, material price control, and account determination. Contains control parameters for material costing. Special procurement. None.

Costing view in the Material Master. Contains control parameters for material costing. Also contains characteristics required for Cost Object Controlling. The Costing view should be maintained to be able to cost a material. None.

MRP view in the Material Master. Material status in PP. Scrap factors. Special procurement. Indicators: Co-product/Bulk material. Production version.

Material Master: Fields Relevant to Costing. Lot size. Valuation class. Origin group as subgroup of a cost element. Overhead group.

The __________ determines whether a costing view is allowed for a material.

The material type contains default values that are used when a material is created. True. False.

The lot size entered here is used as the default value for the material cost estimate. The lot size can be overwritten in individual and mass processing. True. False.

The valuation class controls _________________. The consumption account is determined, which also appears as the primary cost element in the itemization.

If an origin group is entered for a material, the combination of origin group and cost element is updated in the CO system. You can thus define the following: Overhead for specific material groups, such as input material groups. Cost components for specific raw material groups. None.

Overhead group: Key that groups materials manufactured for the same type of overhead application, based on the product. True. False.

Material Master: Prices. Planned Prices 1, 2 and 3: These can be maintained for raw materials and purchased parts and used to valuate materials in the cost estimate. Tax-based and commercial prices:These prices are entered for purchased parts in inventory costing to determine values such as the lowest value. Price control: Indicator for price control according to which the inventory of a material is valuated. The following options are available: Standard price , Moving average price.

A ______________ can be used to update the standard price.

__________________________________ is designed to cost materials without accessing BOMs and/or routings. The costing results can be written to price fields in the material master.

If BOMs or routings do not exist, you can manually enter the items that represent the quantity structure and value them with the cost estimate. True. False.

Price selection and overhead calculation are determined automatically and are based on the valuation variant that is assigned to the _____________.

You can use material costing without quantity structure: When costing and updating prices for new materials. When you want to perform costing using non-SAP production planning data.

The stpes of Single-level Unit Costing. 1. 2. 3. 4. 5.

A cost estimate header is created automatically. This can be used to: Change the lot size. Enter various text.

When you save the costing items, the overhead and process costs are calculated automatically. The itemization and cost component split are then available for analysis. True. False.

After saving the costing items , the material cost estimate is updated to the database. True. False.

Multi-level unit costing can be used in the following scenarios: Scenario 1: New product. Scenario 2: Similar product. Scenario 3: Product changes. Scenario 4: All product.

The steps in Multilevel unit costing: Choose costing variant. Create costing items. Insert material cost estimate from worklist. Enter quantity in list screen. Cost entire structure. Save material cost estimate.

If you drag-and-drop a different material cost estimate from the worklist, the system prompts you to specify if you want to insert the ___________________ or make a copy. Subsequent changes in the copied structure do not affect the original cost estimate.

Enter the missing quantity in the ___________ of the unit cost estimate.

The screen for multi-level unit costing is divided into three areas: Costing structure. Unit cost estimate or cost estimate header. Worklist or detail lists. Single level unit costing and multi level unit costing.

Costing Results. Itemization. Costing structure. Costed Multilevel BOM. Cost Component Split.

The cost component split groups cost elements in cost components. True. False.

When a multi-level structure is costed, the cost component split is rolled up so that the original identity of the costs from the lower levels is retained for analysis. True. False.

For each product, the cost component split provides information about: The value added of the material (upper level). The costs of subordinate materials in the BOM (lower level).

The cost component split is available for material cost estimates with and without quantity structure. True. False.

An inventory cost estimate can use tax-based and commercial prices for valuation and then update costing results for finished and semi-finished products in these fields. True. False.

In the valuation class, the consumption account is determined, which also appears as the primary cost element in the itemization. True. False.

Name the views relevant to costing.

What is the role of origin group and overhead group?. Origin group is a subgroup of a cost element. If an origin group is entered for a material, the combination of origin group and cost element is updated in the CO system. Overhead group is the key that groups materials manufactured for the same type of overhead application, based on the product. None.

Costing structure enables you to quickly edit in a complex hierarchy and provides a fast overview. True. False.

You can drag and drop substructures and individual costing items from the worklist to the cost estimate in the costing structure. True. False.

For base planning objects and material cost estimates without quantity structure, the ___________ list screen is displayed.

If you drag and drop a different material cost estimate from the worklist, the system prompts you to specify if you want to insert the original cost estimate or __________.

When can you use material costing without quantity structure?. You can use material costing without quantity structure when costing and updating prices for new materials. when you want to perform costing using non-SAP production planning data.

What happens when you select a costing variant?. When you select a costing variant, you establish the valuation strategy for costing items. Also, the costing variant proposes validity dates for the costing variant and valuation dates for material and activity prices. If you do not enter a lot size, the system uses the lot size from the material master.

The entire structure should be costed because each change requires a completely new cost estimate. True. False.

The itemization provides detailed data about the resources required to produce a product. The costing information for each item includes details such as the quantity, unit of measure, and value. True. False.

On what factors does the display of costs in the costed multi-level BOM depend?. The display of costs for each component (assemblies and input materials) in the costed multi-level BOM is based on the structure. content of the BOM for the costed material.

What information does the cost component split provide for each product?. For each product, the cost component split provides information on the value added of the material (upper level) and the costs of subordinate materials in the BOM (lower level). The cost component split is available for material cost estimates with and without quantity structure.