Cost Calculations Training Course
by
Several procedures are available to you and each one has a specific relevance :
Direct Costing
Normal Costing
Absorption costing.
How to get values and select the most suitable procedure to your requirement ?
Description, key contents
Reminder of profit and loss account,
Differentiate between fixed and variable costs,
Allocation of raw materials, Personnel cost (Direct workforce, commissions paid to the reps), Sales delivery in the event of a sole product transportation, Personnel Costs (Eg. Product Manager), Product Advertising, Machinery depreciation solely operated for the manufacture of one or several products, Supplies (EDF/GDF/small items), Sales delivery in the event of the transport of a batch of various products, Personnel costs (supervisors, managers), Rents and depreciations, Business Tax, Brand Advertising ....
Acquisition procedures of various types of costs : Direct, normal, absorbed,
Benefit and aim of each procedure.
Gains expected
The trainees must be able to implement the procedure within their industry and to all the products and services of the company.
Available Resources
Theory, procedure,
Implementation and case study (exercise) of a typical product or service of your business.
Who can join, targeted audience
Financial Director,
Service Manager,
Production Director,
Development Manager (R&D),
Any individual responsible of cost calculation.
Prerequisite
List of operations and Bill of Material ready for the product or service,
Accountant/Financial Director /Service Manager’s availability to provide either some general or itemized company figures.
Timescale
1 day
Activities, training conditions
Company tour and strategy analysis
Training and practice in class.
Additional Choice
Configuration and implementation on a CAPM / CAMP (Computer Aided Production Management)/ERP
(existing or presented on a loanded CAPM).
