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Cost and Pricing Models: Creating an Effective Tool

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Webcast

2.00 Credits

Member Price $79.00

Non-Member Price $129.00

Overview

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.  



  • Course Instructor: John Daly
  • 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

    Prerequisites

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

    Designed For

    Corporate Financial Professionals and the Public Practice CPAs that advise them

    Objectives

    • Increasing profits
    • Build accurate costing models 

    Preparation

    None

    Notice

    This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by ACPEN. Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.

    Non-Member Price $129.00

    Member Price $79.00