This workshop provides a practical understanding of cost price calculation, equipping participants with essential skills to determine accurate product and service costs. Topics include cost structures, overhead allocation, and profit margin calculations, enabling participants to make informed pricing decisions.
Ideal for financial analysts, accountants, business owners, and managers involved in pricing strategies, budgeting, or financial planning who wish to strengthen their cost analysis skills.
Cost Price Calculation
Learning Objectives
Understand the fundamentals of cost price calculation and its role in pricing strategies.
Differentiate between fixed, variable, and overhead costs.
Apply methods to allocate costs effectively and calculate accurate profit margins.
Analyze cost structures to optimize pricing and improve profitability.
Competencies
After the workshop, participants can:
Upon completion, participants will be able to:
Accurately calculate cost prices, considering all relevant cost factors.
Assess and allocate overhead costs across products and services.
Develop pricing strategies based on data-driven cost insights.
Evaluate profitability and make informed financial decisions to optimize pricing.
Duration
Exam type
Result
4 hours | 1 days
non
Certificate of participation
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