Organizations that use primitive costing methods make predictable mistakes. They allocate too much cost to easy, high-volume “gravy” products and too little cost to difficult, low-volume “dog” products. This puts the organization with inferior information at a significant disadvantage against a competitor who has a better cost model. The secret to having a great cost model is learning how to deal with overhead.
Understand how to assign 16 major types of overhead
This session will discuss how to deal with 16 major categories of overhead * Occupancy costs * Depreciation * Utilities * Supervision * Maintenance * Quality control * Material handling * Process engineering * Design engineering * Procurement * Human resources * Information systems * Selling costs * Accounting * Cost of money * Excess capacity
Who Should Attend
CFOs, controllers, cost accountants, and engineers
Some cost accounting experience is helpful
Additional Event Information
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CPE Select Pass Policies
The CPE Select pass is available only for NCACPA members and the price is applicable for an individual user. The pass includes access to on demand and webinar programs, but excludes webcasts, â€œhot topicâ€ webinars, and on demand Ethics programming. All eligible programs for the CPE Select pass will be marked in the online catalog and in promotions. Licensed CPAs who elect the student membership status must provide proof of enrollment in an advanced degree.
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