Impact of ScalingModSize and/or FirstModSIze choices

Are computations for faster for lower values ScalingModSize and/or FirstModeSize? Or is it generally better to use the highest values allowed for a particular ring dimension?

Also, does the values of ScalingModSize and/or FirstModeSize impact the sizes of the ciphertexts, as in the space they take in memory?

I am wondering about this for BGV, BFV and CKKS. If it is relevant I am only doing computations for multiplicative depth 0 or 1.

Are computations for faster for lower values ScalingModSize and/or FirstModeSize

Same performance unless larger values force increasing the ring dimension. Higher values of ScalingModSize improve the precision.

No impact unless the ring dimension needs to be increased.

Thank you for the answer.