Companies with poor cost information are likely to make subpar decisions about their products that are not average. This poor information causes companies to overprice easy, high-volume "gravy" products and underprice difficult, low-volume "dog" products.
DESIGNED FOR
Cost accountants, controllers and CFOs
BENEFITS
Regardless of whether your company sells goods or services, learn how to double your profit by giving the dogs to your competitor and keep the gravy for yourself.
HIGHLIGHTS
- Find out why traditional approaches are inadequate and how superior cost information can double your profit
- Make an activity-based costing spreadsheet easily
- Accurately assign overhead costs
- Recognize joint and by-products
- Add throughput costing to your toolbox
- Product development and launch costs
- Costs for occupancy, information technology, administration, selling and excess capacity
- Interest and the cost of capital
COURSE LEVEL
Intermediate
PREREQUISITES
This seminar is for degreed accountants who already have some cost accounting education and experience.
ADVANCE PREPARATION
Bring a pocket calculator.
ADDITIONAL NOTES
Course materials are distributed electronically. To access the materials visit
My Events. Download to your laptop or tablet prior to the seminar, handouts are added as received.