Enhance your career with an invaluable skill set in this two-part series, where you'll explore the cost system of a real company from the ground up. Learn how to link variable and base costs, identify fluctuating and semi-fixed direct costs, and accurately trace direct materials, labor, and labor burden to products. Gain practical tools for budgeting, setting standard costs, and seamlessly embedding Activity-Based Costing (ABC) into a comprehensive cost system. Be sure to also register for Part 2: World Class Cost Accounting: A Practical Application - Part 2
Objectives
- Determine methodologies for costing precision
- Recognize how to automatically embed ABC into the cost system
- Identify bases for tracing direct materials and labor costs to their products
Highlights
- Classification of the five cost types
- Direct Materials'comprehensive coverage
- Direct Labor'labor burden costs
Who Will Benefit
CPAs, CFOs and Controllers looking to enhance their knowledge on Cost Accounting.
Credits
| Category |
Amount |
| Accounting |
4.00 |
Yikes, the time is near. Please call NMSCPA at (505) 246-1699 to register.
