Principles of Cost Accounting and Cost Reduction Strategies
Details
Principles of Cost Accounting and Cost Reduction Strategies
Overview of cost Accounting
- The uses of cost data
- Cost accumulation methods
- Elements of cost
Outline
Overview of cost Accounting
- The uses of cost data
- Cost accumulation methods
- Elements of cost
Process Costing: Joint and by-Product Costing
- Single process costing
- Multiple process costing
- Joint products
Cost Reduction and Control
- Cost reduction defined
- Measuring performance
- The cost reduction budget
Job Order Cost System
- Direct labour costs
- Manufacturing overhead
- Finished goods
- Job order cost sheet
Cost Control
- Responsibility reporting
- Analyzing reporting
- Analyzing variances
- Controlling clerical expense
Decision Making
- Cost-volume-profit analysis
- Capital investment
- JIT and backflush costing
- EOQ (Economic order Quantities)
- Make-versus-buy decisions
Speaker/s
Special Offer
Schedules
Tue, Fri | 09:00 AM — 04:00 PM |
No. of Days: | 4 |
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