Cost Accounting:04 - Decision Making using Marginal Costing
EduCBA
Summary
Overview
Decision Making using Marginal Costing:
Cost Accounting as the definition goes is the recording of all the costs incurred in a business in a way that can be used to improve its management. Through these tutorials we shall brush upon the very basic of marginal costing and how to take decisions related to cost management. The training has been taken with the help of practical illustrations and examples to understand the topics better.
The training would include the following;
a. Relevant and Non-Relevant Cost
b. Concept of Opportunity Cost
c. Concept of Marginal Costing
d. CVP Analysis and impact on decision making
e. Decision making using cost concepts and marginal costing
Description
Decision Making using Marginal Costing:
Cost Accounting as the definition goes is the recording of all the costs incurred in a business in a way that can be used to improve its management. Through these tutorials we shall brush upon the very basic of marginal costing and how to take decisions related to cost management. The training has been taken with the help of practical illustrations and examples to understand the topics better.
The training would include the following;
a. Relevant and Non-Relevant Cost
b. Concept of Opportunity Cost
c. Concept of Marginal Costing
d. CVP Analysis and impact on decision making
e. Decision making using cost concepts and marginal costing
Target Customers:
- Accountants
- Cost Accountants
- Tax consultants
- Students
Pre-Requisites:
- Foundation knowledge of Accounting terms
- Passion to learn and apply
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