Description

Taking this course will enhance your understanding of the key concepts related to managing costs in manufacturing, distribution, and service industries, with an emphasis on developing actionable insights to improve financial and operational results. Special consideration is given to accumulating costs, costing systems, the role of supply and value chains, the theory of constraints, and continuous improvements techniques

Topics include: 

• Measurement Concepts
• The Relevant Range
• Mixed Costs
• Absorption and Variable Costing
• Joint Cost Allocation
• Job-Order Costing
• Process Costing
• Activity-Based Costing (ABC)
• Life-Cycle Costing
• Service Department Allocations
• Supply Chain Management
• Theory of Constraints
• Capacity Planning and Costing
• Value Chain Analysis
• Process Analysis
• Best Practice Analysis
• Cost of Quality

The content covered in this course provides a pathway to developing your analytical and critical-thinking skills and closing skills gaps in a variety of relevant topics.