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