Product Manufacturing Costing

Product Manufacturing Costing

AALOK SHARMA

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

COMPLETED

5 already enrolled!

Beginner course for learners

Foundational Learning
Access to Study Materials
Self-Paced Learning

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.

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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

Aerospace
Agriculture
Automotive
Energy & Utilities
Electrical
Mechanical
Piping & Layout
Production

Key topics covered

1- What is the Product Cost ?

2- RM Cost.

3 – Direct Material Cost.

4 – Direct Labor Cost.

5 – Factory Overheads Cost.

Training details

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

Live session

February 23, 2025 at 05:30 AM

2 Hours every day

1 Days

Our Alumni Work At

Ex-Tata Steel , Precision Engineering Division , West Bengal university

Chittagong University Of Engineering And technology

ENGGENIOUS - (SAN Techno Mentors Private Limited)

Smt Kashibai Navale College of Engineering Pune

Govind Ballabh Pant Institute of Engineering and technology pauri garhwal

Pal college of technology and management

Paltech cooling towers and equipments limited

East Point College of Engineering and Technology

university of technology and applied science

Center of Skill Development for Employability and Entrepreneurship

Airbornics Defence And Space Private Limited

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Project Management

Baroda, India

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Principal Project engineer

Sharjah, UAE

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COMPLETED

February 23, 2025

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