Product Costing.

AALOK SHARMA

Director- Business Development - AAAS Industries / Sheet Metal/ Project Management

Rating 4 (3)

Course typeInstructor led live training

Duration 1 Hrs

Start Jul 1, 2023

COMPLETED

Basic course for beginners

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.

Opportunities that awaits you!

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Career opportunities

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

Automotive
Rail & Transport
Mechanical

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

Training details

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

Live session

July 1, 2023 at 12:30 PM

1 Hours every day

1 Days

COMPLETED

Jul 1, 2023