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Sterling Financial Training

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Costing Decisions

Duration: Approx. 2 hours

This product is an online product and is a Single user, 1 Year licence.

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Overview:

Costing Decisions helps learners to understand the meaning of fixed versus variable costs and the calculation of contribution margin and break even analysis. Be able to use these analytic concepts in support of product selection, production and pricing decisions.

Costing Decisions is aimed at managers, prospective managers, and anyone else within an organisation involved in making business decisions.

Learn To:

Costing Decisions aims to give the learner an understanding of cost structures and how they can affect a business.

The topics covered by Costing Decisions include:

  • Variable and fixed costs
  • Cost structure and methods
  • Break-even
  • Break-even: your own figures
  • Product costing
  • Contribution: your own figures


    • Objectives:

    After taking Costing Decisions, the student will be able to:

  • Define variable and fixed costs
  • Demonstrate the effect of sales on profit in companies with different cost structures
  • Define marginal contribution
  • Calculate break-even in terms of variable costing
  • Adapt the break-even formula to answer various enquiries
  • Demonstrate the use of marginal contribution ratio in deciding the product mix that yields the optimum financial return


    • Normal Price: £100.00 (excl. VAT)

    Special Offer Price: £75.00 (excl. VAT)

    YOU SAVE: £25.00 (25%)

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