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PRODUCT COSTS AND PRICING DECISIONS

There is no one right product costing approach which depends on what kind of management decisions you are about to make on the product

About this Event

One day course on product costing and pricing decisions which CEOs, marketing managers , accountants and entrepreneurs should know.

No two companies use identical resources in exactly the same way to make the same products.

CONTENTS

  1. What is a product: tangible and services
  2. Direct vs indirect costs
  3. How to allocate overhead costs to products
  4. The advantages of marginal costings
  5. Make or buy decisions
  6. Minimum order quantities
  7. Below the line costs
  8. Allocate overhead costs based on cost centers
  9. Basis of apportioning and Method of absorption
  10. Standard costs
  11. Pricing Strategies
  12. Cost volume profit analysis
  13. How to optimize prices.
  14. Cost reduction strategies
  15. Product pricing profile.

Product costs and pricing are two key and critical decisions in business. Understand the mechanics to ensure your business sustainability

TRAINING BENEFITS

How product is costed and controlled in business.

How costs influence decisions on products development and pricing.

Shows cost reduction strategies.

Shows the right pricing based on the right product costs

There is no one right product costs.

The right product profile in the business competitive environment.

Event Information

Event Date 24-04-21 7:00 pm
Event End Date 24-04-21 10:00 pm
Registration Start Date 31-03-21
Capacity Unlimited
Registered 0
Individual Price MYR1,200.00
Created By Arriffin Mansor
Location online
Categories Workshop

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