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O: Cost Center Accounting (no SAP Exercise or Case; from slides/class discussion) Why is so much emphasis placed on the organizational structure established in SAP?

O: Cost Center Accounting (no SAP Exercise or Case; from slides/class discussion)

  • Why is so much emphasis placed on the organizational structure established in SAP? In particular, why is setting up an appropriate cost center hierarchy so important?

  • What is the difference between a cost center, profit center and investment center?

  • What is a cost allocation and how are primary costs allocated to secondary costs?

CO: Product Costing (no SAP Exercise or Case; from slides/class discussion)

  • What is a Bill of Materials and how does that assist in product costing?

  • What is a Routing and how does that help assist in product costing?

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