What you'll learn
Costing Course
Overview
In the Costing Course, you'll learn about how businesses figure out costs. We'll start with the basics, teaching you about simple costing methods. Then, we'll show you how production and costing are connected. Finally, we'll dive into more advanced costing techniques. By the end, you'll know how to make smart decisions and improve efficiency in businesses.
Course Objectives
- Understand fundamental principles of costing and production management to enhance operational efficiency
- Master basic costing techniques and production management strategies as prerequisites for advanced costing
- Explore advanced costing methodologies for precise cost analysis and decision-making in industrial settings
- Apply learned concepts to real-world scenarios to optimize production processes and control costs effectively
Course Content
- Product Costing Methods and Levels
- Expected Landed Costs
- BOM, Routing and Work Centers
- Production Resource
- Production Order and Production Execution
- Material Requirement Planning (MRP)
- Chart of Accounts, Financial Year, Accounting Book
- Organization Units, Work Center Capacity
- Statistical Key Figure (SKF)
- Cost Driver/Activity
- Distribution and Allocation Rules
Course content Collapse all
Free
This course include
- 14 Lectures
- Full lifetime access