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Product Costing.

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Product Costing.

4(15)
2678 views
COMPLETED
1 hrs
Jul 1, 2023 · 12:30 PM
AALOK SHARMA
AALOK SHARMADirector- Business Development - AAAS Industries / Sheet Metal/ Project Management
  • 7-day money-back guarantee
  • Session recordings included
  • Certificate of completion
Volume pricing for groups of 5+

Why enroll

You will learn various parameters after completing this course - 1. What is the Process for costing 2. How to calculate product cost ? 3. How to apply basic costing fundamentals while deciding product cost. 4. Bridging the gap between theoretical knowledge and actual costing requirements. 5. Experienced engineers who want to understand the depth and details of product costing.

Is this course for you?

You should take this if

  • You work in Automotive or Rail & Transport
  • You're a Mechanical Engineering professional
  • You prefer live, instructor-led training with Q&A

You should skip if

  • You need a different specialisation outside Mechanical Engineering
  • You need fully self-paced, on-demand content

Course details

Product Cost Formula = Direct Labor + Direct Material + Factory Overheads.

Product cost refers to all those costs which the company incurs to create the product of the company or deliver the services to the customers, and the same is shown in the financial statement of the company for the period in which they become the part of the cost of the goods that the company sells.

Examples of Product cost mainly include the following expenses:-

Direct material (DM)

Direct labor (DL)

Factory overheads (FOH)

Course suitable for

Key topics covered

1- What is the Product Cost ?

2-How to calculate any Product Cost ?

3- Types of Product Costs

#1 – Direct Material

#2 – Direct Labor

#3 – Factory Overheads

Opportunities that await you!

Career opportunities

Training details

This is a live course that has a scheduled start date.

Live session

Starts

Sat, Jul 1, 2023

12:30 PM UTC· your timezone

Duration

1 hour per day

COMPLETED

Jul 1, 2023 · 12:30 PM

Questions and Answers