Decision Making Techniques |Pricing|Costing|ACCA|CIMA|F5|

Decision Making Techniques |Pricing|Costing|ACCA|CIMA|F5|

In this course, we will be talking about: 

• Basics of cost, volume, profit and sales and different formulas to calculate production volume for break even, target profit, etc.

• Understanding and plotting cost, profit, sales on graphs based on production volume and identifying break even, margin of safety, etc

• Solving production problems with limiting factor through linear equations and graphical approaches.

• How different factors affect price and demand.

• Sensitivity of relationship between price and demand, using the demand equation and MR MC approach to calculate profit maximization level of output.

• Different pricing strategies and their application.

• Understanding characteristics of relevant costs and how to calculate relevant cost of material and labour.

• Quantitative analysis of further processing decisions and shutdown decisions.

• Different decision rules for different risk appetites under different conditions.

• Decision trees, rollback analysis and how to calculate value of perfect and imperfect information.

  
  

Study with award winning and rank holder faculties.

Url: View Details

What you will learn

• CVP Analysis - Calculations
• CVP Analysis - Graphs
• Decision Trees and Value of Information

Rating: 4.25

Level: Intermediate Level

Duration: 2 hours

Instructor: ACCA Classes