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Costing and Pricing

Learning at home

Summary

Price
£240 inc VAT
Study method
Online
Duration
20 hours · Self-paced
Qualification
No formal qualification

Overview

Costing and Pricing

This course aims to teach you how costing and pricing can help you to make better business decisions.

Description

Module 1 - Pricing a Product

  • Why price is important
  • How do you set the price?
  • How to present the price so customers say 'yes'
  • Price discounting

Module 2 - Costing a Product

  • Traditional Costing Methods
  • Standard Costing

Module 3 - Pricing a Service

Module 4 - Break-Even Analysis

  • Fixed and variable costs
  • Breakeven charts
  • Breakeven examples

Module 5 - Contribution TheoryModule 6 - Absorption Costing

Requirements

Entry Requirements

Our Costing and Pricing Course is openly available to anyone wishing to learn more aboutCosting and Pricing and has a keen interest in the subject, plus an intention to progress a career.

  • Learners will need sufficient numeracy and literacy
  • Students should have access to a computer and the internet throughout your study period.
  • Learners should have basic PC skills in order to navigate our Support Portal
  • You should be fully committed to your studies.

Questions and answers

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Legal information

This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
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Similar subjects: Purchasing, Manufacturing
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