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Operating Costing


Udemy

Summary

Price
£16 inc VAT
Study method
Online
Duration
Self-paced
Qualification
No formal qualification

Overview

Learn Costing methodologies of Service Providers

Description

Welcome to Operating Costing course.

Operating Costing is a method of ascertaining cost of providing or operating a service. This costing method is used by entities which provides services rather than the entities engaged in production activities.

The focus of Operating Costing is to arrive is ascertainment of Cost of Services. This costing method is usually made use by

-Transport Companies;

-Gas and Works Departments;

-Electricity Supplies Companies;

-Canteens;

-Hospitals;

-Theatres;

-Schools, etc.

In this course, you will learn about

a) Meaning of Operating Costing;

b) How to compute cost of composite units - i.e., Tonne-km., Quintal-km.

c) Preparation of Cost Sheet under Operating Costing

d) Calculation of Bus fare to be charged for each passenger

e) Computation of Cost per absolute ton kilometer

f) Evaluation of conveyance facilities.

This course is structured in self paced learning style.

Video lectures were used for delivering the course content.

Welcome to this course once again.


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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.