Home > Products and Services > e-Learning Courses > Finance for Managers: Financial Fundamentals > Costing Decisions

Tell me more Call me Email to a friend

Costing Decisions

This course is available for purchase and immediate online delivery.

Understand the meaning of fixed vs. 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.

Curriculum	Finance for Managers: Financial Fundamentals
Duration	2 – 2.5 hours
Audience	Managers, prospective managers, and anyone else within an organisation involved in making business decisions.
Prerequisites	Profit and Loss Account
Course Aim	To give the learner an understanding of cost structures and how they can affect a business.
Learning Objectives	After taking this course, 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
Topics Covered	Variable and fixed costs Cost structure and methods Break-even Break-even: your own figures Product costing Contribution: your own figures
Languages Available	US English, French, German, Spanish, Italian, Dutch
Publisher	Intellexis
Delivery Method	Online, CD
Course Code	IXUS005