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Product Manufacturing Costing

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Product Manufacturing Costing

4(15)
5 enrolled
982 views
COMPLETED
2 hrs
Feb 23, 2025 · 5:30 AM
English , Hindi
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

People enroll in the Product Manufacturing Costing course to gain essential skills in calculating and managing production costs. This knowledge helps them make better pricing, budgeting, and operational decisions. It’s valuable for professionals in manufacturing, finance, and management, as well as entrepreneurs, enabling them to optimize costs, improve efficiency, and enhance profitability in their businesses.

Is this course for you?

You should take this if

  • You work in Aerospace or Agriculture
  • You're a Electrical Engineering / Mechanical Engineering professional
  • You prefer live, instructor-led training with Q&A

You should skip if

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

Course details

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

Product Manufacturing Costing is the process of calculating the total expenses incurred in producing a product. It includes direct costs such as raw materials and labor, as well as indirect costs like factory overhead, machine depreciation, and administrative expenses. This costing helps businesses determine the selling price, profitability, and efficiency of their manufacturing processes.

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- RM Cost.

3 – Direct Material Cost.

4 – Direct Labor Cost.

5 – Factory Overheads Cost.

Opportunities that await you!

Career opportunities

Training details

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

Live session

Starts

Sun, Feb 23, 2025

5:30 AM UTC· your timezone

Duration

2 hours per day

COMPLETED

Feb 23, 2025 · 5:30 AM

Questions and Answers