Cost and Pricing Models: Boost Your Bottom Line
Online
2.00 Credits
Member Price $79.00
Non-Member Price $109.00
Overview
If sales increase, so should profits. Yet, the opposite result often leaves executive’s scratching their heads. When organizations work with inferior cost information, they make mistakes in four specific situations. Bad information causes sellers to overprice easy, high-volume work and under-price difficult, low-volume work.
This session discusses how to use activity-based costing to build accurate costing models that consider far more than just the labor and materials necessary to provide goods and services.
Objectives
- Is your information good enough?
- How a “back of the envelope” analysis may improve your profitability
- Why knowing product launch and step-variable costs is critical
- See what other organizations have done in real life
- Learn to give the “dogs” to your competitors and keep the “gravy” for yourself
Highlights
- Cost Accounting
- Activity-based Costing
Designed For
Professionals attempting to improve profitability
Prerequisites
Cost accounting coursework helpful
Preparation
None
Notice
Your webinar can be accessed via https://ctcpas.acpen.com/Account/login. If you do not have an ACPEN account, please sign up for an account using the email address you have on file with CTCPA.
Leader(s):
Leader Bios
John Daly, ACPEN BPN Business Professionals' Network
John L. Daly, MBA, CPA, CMA, CPIM, 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 and began doing ethics seminars two weeks before the Enron scandal. John has been CFO for a Tier 1 automotive parts supplier and a large restaurant chain and COO for a window treatments manufacturer and retailer. He is the author of “Pricing for Profitability”, published by Wiley and Sons and a novel, “Tool & Die”.
Non-Member Price $109.00
Member Price $79.00