Advanced Cost Accounting - Assigning Overhead WEBCAST

Monday, November 2 6:00am - 8:00am PST

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2 Credits

Member Price $79.00

Non-Member Price $109.00

Overview

Organizations that use primitive costing methods make predictable mistakes. They allocate too much cost to easy, high-volume “gravy” products and too little cost to difficult, low-volume “dog” products. This puts the organization with inferior information at a significant disadvantage against a competitor who has a better cost model. The secret to having a great cost model is learning how to deal with overhead. This webinar will show you how to assign 16 key categories of overhead. Whether you work in a wholesale, retail, health care, service or manufacturing business. This session will give you important insights into how to handle overhead. If you get your costing right, you will be able to give the “dogs” to your competitors and keep the “gravy” for yourself.

Highlights

Occupancy costs, Depreciation, Utilitie, Supervision, Maintenance, Quality Control, Material Handling, Process Engineering, Design Engineering, Procurement, Human Resources, Information Systems, Selling Costs Accounting, Cost of Money, Excess Capacity

Prerequisites

Cost accounting experience is helpful

Objectives

Understand how to assign 16 major types of overhead

Preparation

None

Notice

None

Leader(s):

Leaders

John Daly

John L. Daly is a Chelsea, Michigan based management consultant specializing in costing, pricing strategy and pricing model development. He has taught continuing professional education courses since 1995. Earlier in his career, John was Chief Financial Officer for a Tier 1 automotive parts supplier. He also has been CFO for a large restaurant chain and COO for a window treatments manufacturer and retailing chain. He is the author of Pricing for Profitability published by Wiley & Sons.

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Non-Member Price $109.00

Member Price $79.00