Relevant Costs - Managerial Accounting Decisions & Scenarios

Course Overview

• Course Title: Relevant Costs - Managerial Accounting Decisions & Scenarios
• Instructor: Robert (Bob) Steele
• Target Audience:
  • Aspiring managers
  • Entrepreneurs
  • Individuals seeking to make informed financial choices
• Prerequisites:
  • A solid foundation in accounting principles
  • Familiarity with managerial decision-making frameworks
  • Competency in using spreadsheet software
  • Eagerness to learn and apply strategic decision-making techniques

Curriculum Highlights

• Key Topics Covered:
  • Significance of relevant costs in decision-making
  • Equipment investment evaluation using cost-benefit analysis
  • Relevant cost analysis for special offers
  • Make or buy decisions
  • Processing products further vs. selling at current stage
  • Scrapping vs. reworking defective inventory
  • Sales mix optimization
  • Segment viability evaluation
  • Setting sales prices using cost data
• Key Skills Learned:
  • Analyze relevant costs in decision-making
  • Evaluate equipment investments
  • Assess special offers for profitability
  • Determine make or buy decisions
  • Evaluate product processing decisions
  • Optimize sales mix
  • Assess segment viability
  • Set effective sales prices

Course Format

• Duration: 6.5 hours on-demand video
• Format: Self-paced online course
• Resources:
  • 32 downloadable resources
  • Access on mobile and TV
  • Certificate of completion