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ADDRESS: 901 Dulaney Valley Road, Suite 800
Towson, MD 21204
PHONE: 888-481-3500
FOLLOW BLI:
Know Your Cost: Double Your ProfitCOURSE ID: KYC
DESCRIPTION

Companies with poor cost information make bad decisions about products that are not “average”. Poor information causes companies to overprice easy, high-volume “gravy” products and underprice difficult, low-volume “dog” products. Regardless of whether your company sells goods or services, learn how to double your profit by giving the dogs to your competitor and keep the gravy for yourself.

DESIGNED FOR: Cost Accountants, Controllers, and CFOs.FIELD OF STUDY: AccountingLEVEL: IntermediatePREREQUISITES: This seminar is intended for degreed accountants who already have some cost accounting education and experience.COURSE PRODUCER: Executive Education, Inc.CREDITS: 8.0OBJECTIVES:
  • Learn how good design can improve both financial and management accounting. Learn costing methods that will lead to better management decisions about products. Learn when various costing methods are appropriate.
HIGHLIGHTS:

*Understand Real Cost – Why traditional approaches are inadequate – How superior cost information can double your profit – Make Activity Based Costing spreadsheet-easy – Accurately understand overhead costs – Recognize joint & by-products – Add throughput costing to your toolbox * Accurately Assign Costs – Product development and launch costs – Occupancy costs – Information technology costs – Administrative costs – Selling costs – Excess capacity costs – Interest and the cost of capital Cases and Group Discussion: This seminar includes six exercises to facilitate group discussion.

INSTRUCTOR
-TBD-
Download the 2016 Business Learning Institute Course Catalog DOWNLOAD PDF
Business Learning Institute - Course Catalog
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