Training Details
Basic concepts of costs.
Analysis of cost components.
- Applications of cost reports in determining the cost of a unit of activity.
Applications of cost reports in product pricing.
- Applications of cost reports in preparing planning budgets.
- Applications of cost reports in decision accounting.
- Applications of cost reports in planning the volume of activity.
- Applications of cost reports in activity profitability planning.
- Applications of cost reports in evaluating performance and identifying deviations.
- Applications of cost reports in deviation analysis (two-way, three-way and four-way).
Applications of cost reports in the field of responsibilities accounting.
Costing and accounting for physical quantities of inputs and outputs.
Using the standard output and loss method in evaluating the achieved achievement.