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Understanding Marginal Costing

CPD Accredited | Free PDF & Hard Copy Certificate included | Free Retake Exam | Lifetime Access

Training Express Ltd

Summary

Price
£12 inc VAT
Study method
Online
Duration
2 hours · Self-paced
Access to content
Lifetime access
Qualification
No formal qualification
CPD
10 CPD hours / points
CPD What's this?
Certificates
  • Digital certificate - Free
  • Hard copy certificate - Free
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

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Overview

Learn how businesses navigate through the dynamic landscapes of finance, a profound understanding of costing methods becomes paramount. The initial modules of the course unpacks the intricacies of cost classification, providing a solid foundation for the exploration that follows.

Dive into the heart of Marginal Costing, a pivotal concept that unveils the true essence of variable costs and their impact on profit margins. Grasp the art of Cost-Volume-Profit (CVP) Analysis, a strategic tool essential for forecasting and decision-making in today's competitive business environment. The course seamlessly navigates through scenarios where Marginal Costing becomes a beacon for sound decision-making, offering insights into the correlation between costs, volumes, and profits.

Enrich your financial acumen, elevate your decision-making prowess, and become a maestro in cost analysis through our captivating Understanding Marginal Costing course. Join us on this educational odyssey that promises to sharpen your financial insights and propel your career to new heights.

Key Features

  • CPD Accredited
  • FREE PDF + Hardcopy certificate
  • Fully online, interactive course
  • Self-paced learning and laptop, tablet and smartphone-friendly
  • 24/7 Learning Assistance
  • Discounts on bulk purchases

Certificates

Digital certificate

Digital certificate - Included

Once you’ve successfully completed your course, you will immediately be sent a FREE digital certificate.

Hard copy certificate

Hard copy certificate - Included

Also, you can have your FREE printed certificate delivered by post (shipping cost £3.99 in the UK).
For all international addresses outside of the United Kingdom, the delivery fee for a hardcopy certificate will be only £10.
Our certifications have no expiry dates, although we do recommend that you renew them every 12 months.

CPD

10 CPD hours / points
Accredited by CPD Quality Standards

Course media

Resources

Description

Course Curriculum

  • Module 01: Introduction to Costing Methods
  • Module 02: Understanding Marginal Costing
  • Module 03: Cost Classification
  • Module 4: Cost-Volume-Profit (CVP) Analysis
  • Module 05: Decision-Making Using Marginal Costing
  • Module 06: Contribution Margin Ratio and Profit Planning
  • Module 07: Limitations and Criticisms of Marginal Costing

Learning Outcomes

  • Analyze costs effectively for informed decision-making.
  • Utilize Marginal Costing strategically for financial planning.
  • Classify costs adeptly to enhance decision-making capabilities.
  • Implement Contribution Margin Ratio for profitable strategies.
  • Grasp the limitations and criticisms of Marginal Costing.
  • Enhance financial acumen for various professional pursuits.

Accreditation

This course is CPD Quality Standards (CPD QS) accredited, providing you with up-to-date skills and knowledge and helping you to become more competent and effective in your chosen field.

Certificate

After completing this course, you will get a FREE Digital Certificate from Training Express.

Who is this course for?

  • Entrepreneurs seeking financial mastery.
  • Finance enthusiasts eager to deepen their knowledge.
  • Professionals aiming to enhance decision-making skills.
  • Students pursuing a career in finance.
  • Business managers seeking strategic financial insights.
  • Aspiring analysts and consultants.
  • Individuals preparing for financial roles.
  • Anyone interested in mastering Marginal Costing principles.

Career path

  • Financial Analyst
  • Management Accountant
  • Business Consultant
  • Cost Accountant
  • Budget Analyst
  • Entrepreneurial Ventures in Finance

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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