Cost and Pricing Models: Boost Your Bottom Line WEBCAST

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 to build accurate costing models that consider far more than just the labor and materials necessary to provide goods and services.

Highlights

Cost accounting. Activity-based costing.

Prerequisites

Some experience in cost accounting helpful.

Designed For

Professionals attempting to improve profitability.

Objectives

Is your information good enough? How a back of the envelope analysis may improve your profitability. Why knowing product launch and step-variable costs is critical. See what other organizations have done in real life. Learn to give the dogs to your competitors and keep the gravy for yourself.

Preparation

None.

Notice

None.