Understanding the Nature and Behaviour of Costs

Aim: The delegate will understand more about how decisions are made in a business and why managing cost is essential.

By the end of this module the delegate can:

  • Recognise the importance of a business having accurate cost information when making decisions about pricing and capital expenditure
  • Identify and understand the difference between fixed and variable costs
  • Be able to calculate breakeven point using a breakeven chart
  • Be able to calculate breakeven point using the contribution method
Price: 1 Credit/s
Available for: 30 Days

Chapters

  • Understanding the Nature and Behaviour of Costs - Introduction
  • Understanding the Nature and Behaviour of Costs - Section 1
  • Understanding the Nature and Behaviour of Costs - Section 2
  • Understanding the Nature and Behaviour of Costs - Section 3
  • Understanding the Nature and Behaviour of Costs - Section 4
  • Understanding the Nature and Behaviour of Costs - Summary
  • Understanding the Nature & Behaviour of Costs - Notes
  • Personal Action Plan
More Information