This unit will enable the student learn about analysing the departmental costs, use cost centres and cost units, classify and analyse costs, cost control , effects of volume on costs and analysing variances.
Target Audience
- Middle and Senior Managers
- Post Grad and/or Post experience Managers
Anybody wanting to develop skills and knowledge in a particular management field at postgraduate or post experience level.
Objectives
Enable students to analyse departmental costs
Enable students to analyse and work with variables and variances
Enable students to control departmental costs
Analysing costs
The importance of costing
Cost centres
Cost units
Classifying and analysing costs
Labour costs/material costs/expenses
Direct costs/indirect costs (or overheads)
Sharing indirect costs or overheads
Standard costing
Controlling costs
A cost control exercise
Which costs can be controlled?
Where does the money go?
What is the effect of volume on costs?
(Normally delivered within 5-10 days)
(Publisher: Select Knowledge) | 
