COSTS AND PRICING : The true costs and pricing strategies

COSTS AND PRICES  :  True costs and the right pricing strategies

a two day intensive excel based course

Where piece rate system is applied

TARGET GROUPS

• Entrepreneurs, Accountants, directors,  CFO and CEOs,  Heads of departments,  Budget Officer

COURSE CONTENTs

PRODUCT COSTS

1. What is costing
2. Basic costing principles
3. Product cost structure
4.  Material costs
5. Costing of sundry materials and chemicals
6. Labour costs
7. wages structure
8. Standard production minutes
9. Loading of operators
10. Overhead costs
11. Expenses control and cost reduction

PRICING STRATEGIES

1. Cost plus strategies
2. Market driven pricing strategies
3. Branding and Product differentiated pricing
4. Customer driven pricing strategies
5. Other factors driven strategies