Costing and Pricing (Byte Size Skills Course)

Syllabus

Pricing a Product

• Why price is important

• How do you set the price?

• How to present the price so customers say 'yes'

• Price discounting

Costing a Product

• Traditional Costing Methods

• Standard Costing

Pricing a Service

Break-Even Analysis

• Fixed and variable costs

• Breakeven charts

• Breakeven examples

Contribution Theory

Absorption Costing

This is only an approximate figure and is dependant upon how much time you can dedicate to your studies and how well you grasp the learning concepts in the course material. Furthermore, at the end of each lesson there is a question paper that needs to be completed and returned to your tutor. You should allow at least 1 - 2 hours of study to complete each question paper.

The approximate amount of time required to complete the course is: 20 hrs.