Management Accounting: From Inventory to Profitability
Unlock the power of management accounting to optimize inventory, enhance cost analysis, and drive decision-making.
5.00 (1 reviews)
790
students
12.5 hours
content
Oct 2024
last update
$44.99
regular price
What you will learn
Fundamentals of Management Accounting: Students will begin with a solid foundation in management accounting principles, including the role of management.
Inventory Management Techniques: Participants will explore various inventory types, costs, and management techniques.
They will learn about the Economic Order Quantity (EOQ) model, safety stock calculations, and the implications of inventory costs on overall profitability.
Cost Analysis: The course covers different types of costs (fixed, variable, and semi-variable) and their impact on pricing and profitability.
Students will analyze cost-volume-profit relationships, break-even analysis, and the contribution margin approach.
Variance Analysis: Students will understand how to analyze variances between actual and standard costs, focusing on material variances, labor variances.
Decision-Making Frameworks: Participants will learn decision-making frameworks for product mix, pricing, and process selection.
Cost Information Systems: The course will emphasize the use of cost information systems for managerial decision-making, including how to interpret
Advanced Analytical Techniques: Students will learn advanced analytical techniques, such as histogram construction, frequency distribution analysis.
Practical Applications: Through case studies and practical examples, students will apply theoretical concepts to real-world scenarios.
6242383
udemy ID
10/18/2024
course created date
10/26/2024
course indexed date
Angelcrc Seven
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