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.
DESIGNED FOR
Corporate financial professionals
BENEFITS
- Understand how to assign 16 major types of overhead
HIGHLIGHTS
- Occupancy costs
- Depreciation
- Utilities
- Supervision
- Maintenance
- Quality Control
- Material Handling
- Process Engineering
- Design Engineering
- Procurement
- Human Resources
- Information Systems
- Selling Costs
- Accounting
- Cost of Money
- Excess Capacity
COURSE LEVEL
Advanced
PREREQUISITES
Cost accounting experience is helpful
ADVANCE PREPARATION
None
ADDITIONAL NOTES
IRS Program Number: 90EKV-T-00341-20-O **Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to leighanne.conroy@acpen.com.