Udemy Free Course - Marginal Costing Theory and Practice - 100% Off

Course Description

Marginal Costing is a technique of Decision Making adopted by Management of the Business Units.
Marginal Costing is practically applied in the following situations:
a) Performance Evaluation
b) Profit Planning
c) Fixation of Selling Price
d) Make or Purchase Decision
e) Optimizing Product Mix
f) Cost Control
g) Flexible Budget Preparation
Marginal Costing involves, ascertainment of costs, classifying the costs into Fixed and Variable Cost and using such information for analysis and decision making.
In this course, you will learn about
Marginal Costing,
Direct Costing,
Differential Costing
Variable Costs
Fixed Costs
Semi Variable Costs
Marginal Cost Sheet
Absorption Costing
Marginal vs Absorption Costing
Contribution
Relationship between Contribution, Profit and Loss
Profit Volume Ratio
Break Even Point
Margin of Safety
Indifference Point
Shut down point.
All the above topics will be explained through Video Lectures.
You will learn the theory and practical problems of Marginal Costing in this course.
You should have some basic knowledge of costing and accounting for taking up this course.
This course is academic oriented.
This course is structured with an objective to enable you to equip for your examinations.
This course is structured in self paced learning style.
Take this course to understand the theory and practice of Marginal Costing.

Curriculum

Shut Down Point

Absorption Costing Format

Break Even Point

Break Even Point Example

Break Even Point Graph

Case Study on Break Even Point

Case Study on Computation of Sales for Desired Profits

Case Study on Price Volume Ratio and Break Even Point

Case Study on Segregation of Fixed and Variable Cost

Contribution

Decision making Indicators in Marginal Costing

Difference between Fixed Cost and Variable Cost

Difference between Indifference Point and Break Even Point

Difference between Marginal Costing and Absorption Costing

Difference between Marginal Costing and Differential Costing

Difference between Marginal Costing and Direct Costing

Differential Cost

Direct Costing

Format of Marginal Cost Sheet

Indifference Point

Introduction

Marginal Cost Equation

Profit Volume Ratio

Relationship between Profit or Loss and Contribution

Section 1: Introduction to Marginal Costing

Section 2: Difference between Marginal Costing and Other Costing Techniques

Section 3: Formats

Section 4: Contribution and its relationship with Profit

Section 5: Break Even Point

Section 6: Case Studies

Semi Variable Cost

LINK FOR THE FREE COURSE

https://www.udemy.com/marginal-costing-theory-and-practice/?couponCode=PRMT


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