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This course teaches business
owners about a better, more-effective way to analyze and
manage the costs associated with producing and
selling a product or service. Traditional methods of financial
management to provide a bigger picture, long-term view of
operation costs, but do little to contribute to day-to-day
operation decisions. Participants in this course will
learn how every activity associated with producing a
product or service has a corresponding, definable cost,
which can be monitored and managed for greater
profitability. The course will explore how to go beyond
traditional accounting costs (overhead, direct/indirect
labour, materials) by measuring the costs associated with
detailed activities and how they consume varying degrees
of overhead, labour and materials in the case of products
being manufactured. Entrepreneurs will learn how
activity-based costing can clearly pinpoint trouble spots
by product and focus cost-based decisions on day-to-day
improvement efforts. Costing is a very elaborate
subject and therefore an extensive course is offered. It
runs for five days. If you want to set the
correct price, it is very important to know how much it
costs to produce the product or service. We will come to your area if
you contact
us or see our training
schedule for a course
running near you.......................Contact Us
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