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Strategic Managerial Accounting Course: Cost Behaviour System Analysis

By: LCL Coaches Consultants  

Lagos State, Nigeria

06 - 09 Aug, 2019  4 days

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NGN 150,000

Cost behavior analysis refers to management’s attempt to understand how operating costs change in relation to a change in an organization’s level of activity. These costs may include direct materials, direct labor, and overhead costs that are incurred from developing a product. Management typically performs cost behavior analysis through mathematical cost functions.

Competencies Addressed in this training include:

  • Understand how fixed and variable costs behave and how to use them to predict costs.
  •  Use a scattergraph plot to diagnose cost behavior.
  •  Analyze a mixed cost using the high-low method.
  •  Prepare an income statement using the contribution format.
  • Analyze a mixed cost using the least-squares regression method

Content

  • Introduction to Cost Behavior
  • Types of Cost Behavior  Pattern
  • Fixed cost behavior pattern
  • Variable Cost Behavior Pattern
  • Mixed cost Behavior Pattern
  • Cost Behavior Approach
  • High-Low Cost Behavior Approach
  • Regression Cost Behavior Approach
  • The Scattergraphy Method.
  • Cost Behavior Analysis and Method
  • Cost Volume- Profit Relation
  • Fixed over head Analysis and reporting for Control
  • Breakeven Analysis
  • Cost Allocation
  • Budgeting and Standard Costing Systems
  • Relevant Costing / Accounting Information for Decision
  • Strategic and Behavioural Management
  • Profitability Analysis and Marketing Expenses
  • Relevant costing for decision making and inventory Management
  • Pricing Product and Service.
No 2 Oyefeso Avenue (road between Consolidated Hallmark Insurance and Fidson Ltd), Off Ikorodu road, Savoil Bus stop, Obanikoro, Lagos Aug 06 - 09 Aug, 2019
NGN 150,000.00
(Convert Currency)

Sina Lajorin 08033241313, 09026713101

Discount of 5% for 2 to 4 booking, 10% for 5 plus booking
Executive coach sina Lajorin
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