The Key Relationship – Cost, Volume and Profits

Description

Target audience

  • Those who wish to understand the implications of decisions made across a range of management accounting issues.
  • Those who wish to develop the ability to analyse, interpret, and question the accounting information they may encounter in a business context.
  • Those who wish to acquire a sound appreciation of accounting and finance in order to communicate and succeed in the business world.
  • Non-accounting staff who desire a practical introduction to the fundamentals of management accounting.

What you will learn

Upon completion of this course, you will be able to understand:

  • Why overheads need to be included when costing products.
  • How to calculate a simple ‘blanket’ overhead rate.
  • How to apply absorption costing methods to fully cost out a range of products.
  • The limitations of traditional costing methods.
  • How to calculate a simply activity-based cost.

Further information

London Business Training & Consulting (LBTC)
Provider:
London Business Training & Consulting (LBTC)
Duration:
1 Day
Locations:
Dubai, London

Contact Information

London Business Training & Consulting (LBTC)

ONE LYRIC SQUARE
Hammersmith
London
W6 0NB

Credentials

Locations