Cost and Pricing Models: Creating an Effective Tool

Course Details

Date

Thursday, August 11, 2022

10:00am – 12:00pm

Field of Study

Accounting

Course Number

A3672724

CPE Credit

2.0 hours CPE credit

Level of Knowledge

Intermediate

Vendor

ACPEN

Prerequisites

Some cost accounting experience. Consider attending Advanced Cost Accounting afterwards.

Description

If sales increase, so should profits.  Yet, the opposite result often leaves executives scratching their heads.  When organizations work with inferior cost information, they make mistakes in four specific situations.  Bad information causes sellers to overprice easy, high-volume work and underprice difficult, low-volume work. 





This session discusses how to use activity-based costing data to build accurate costing models that consider far more than just the labor and materials necessary to provide goods and services.  




Highlights

    
	
  • Building computer costing models & sub models
  • 
	
  • The importance of volume sensitive models
  • 
	
  • Your twelve most important indirect costs
  • 
	
  • Using rate tables
  • 
	
  • Modeling – Professional Services Job Costs
  • 
	
  • Modeling – Repetitive Manufacturing
  • 
	
  • Why return on sales may be an inferior way to plan for profit
  • 




Objectives

    
	
  • Increasing profits
  • 
	
  • Build accurate costing models 
  • 




Designed For

Corporate Financial Professionals and the Public Practice CPAs that advise them

Registration for this course has passed.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

$79.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$109.00
Your Price $109.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

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