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US$400
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Duration: 60 Hours
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Delivery mode: Flexible as per the student
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Group size: 4
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Instruction language:
English
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Certificate provided:
No
Determine appropriate cost classifications for business situations and how they respond at different activity levels.
Discover the tool that provides information on how to better understand costs in your business. Be able to make distinctions between the different types of costs and how they behave with different activity levels. You can recognize these quick cost accounting techniques as a value-added enhancing tool.
Acquire new skills to demonstrate proficiency in cost accounting:
Rationales for costing
Appropriate costing for decision making
Direct and indirect costs
Cost behaviour and cost drivers
Variable and fixed costs
Key Topics
Importance of understanding cost
Direct and indirect costs
Cost behaviour and cost drivers
Learning Outcomes
Identify the impact that different approaches to identifying the costs of products or services have
Discuss when it is appropriate to make distinctions between different types of costs and how this knowledge helps management accountants state the 'unit cost' of a cost object and informs decision-making.
Identify how costs will behave at different activity levels.