Relevant Costs - Managerial Accounting Decisions & Scenarios

Course Feature

Cost

Paid
Provider

Udemy
Certificate

Paid Certification
Language

English
Start Date

2019-05-13
Learners

No Information
Duration

No Information
Instructor

Robert (Bob) Steele

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3.7

50,891 Ratings

This comprehensive course will equip aspiring managers, entrepreneurs, and individuals with the essential knowledge and practical skills to navigate complex managerial decisions by employing relevant cost methods. Through real-world examples and scenarios, you will gain insights into how to differentiate between relevant and irrelevant costs, evaluate equipment investments, accept special offers, make or buy decisions, process products further, optimize sales mix, and eliminate segments or departments. Unlock the key strategies that will drive success in your managerial decision-making endeavors and enroll today!

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Relevant Costs - Managerial Accounting Decisions & Scenarios

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Course Overview

❗The content presented here is sourced directly from Udemy platform. For comprehensive course details, including enrollment information, simply click on the 'Go to class' link on our website.

Updated in [July 24th, 2023]

By taking this course, learners will gain a comprehensive understanding of relevant cost methods and their application in a range of managerial accounting contexts. They will learn to identify and analyze relevant costs, evaluate equipment investments, assess special offers, make make or buy decisions, optimize sales mix, and eliminate segments or departments. Learners will also gain the skills to set sales prices using cost methods and variable cost methods, ensuring that their pricing strategy aligns with profitability goals. With the knowledge and practical skills acquired from this course, learners will be able to make informed and strategic decisions that will have a positive impact on their organization's financial health and long-term success.

Course Syllabus

Introduction

Managerial Accounting Overview

Make or Buy Decision

Scrap or Rework & Sell or Process Further Decisions

Sales Mix Decision

Segment Elimination or Not Decision

Equipment – Keep Old or Buy New Decision

Special Offer – Accept or Deny Decision

Set Sales Price Using Cost Data

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