Training package In Details on the course of strategic cost management tools and their role in cost reduction – online – Material Drive

Description

There are a lot of cost management tools that can be used among these tools based on activity based accounting, target cost, value engineering, reverse engineering, continuous improvement, and benchmarking. These tools can be used together or in part according to the nature of the establishment and at the same time helps to determine the cost of the product accurately in order to reduce cost and maximize profits. 


What Will I Learn?

  • Basic concepts of cost accounting
  • Tab costs
  • Cost collection systems
  • Indirect cost distribution systems.
  • Prepare the list of industrial costs and determine the cost of the produced unit.
  • Cost - based system
  • Target cost and its relationship to standard costs
  • Product Lifecycle Cost System

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