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

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CVP Analysis - Calculations
CVP Analysis - Graphs
Decision Trees and Value of Information
Elasticity of Demand, Demand Equation and MR MC Approach
EV, Maximax, Maximin and Minimax Regret - Risk and Uncertainty
Factors Affecting Price and Demand
Further Processing & Shutdown Decisions
Limiting Factor Analysis and Outsourcing
Pricing Strategies
Production Planning with Limiting Factor
Relevant Costing

Requirements

  • No

Description

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.


Who this course is for:

  • association of chartered certified accountants
  • costing ca final
  • costing cpa
  • costing methods
  • acca
  • acca uk
  • Chartered Institute of Management Accountants (CIMA)
  • Cost Accounting
  • Cost Accountant

Course content

1 section8 lectures1h 56m total length
  • CVP Analysis - Calculations
    11:29
  • CVP Analysis - Graphs
    10:57
  • Production Planning with Limiting Factor
    17:17
  • Factors Affecting Price and Demand
    12:57
  • Elasticity of Demand, Demand Equation and MR MC Approach
    16:40
  • Pricing Strategies
    09:08
  • EV, Maximax, Maximin and Minimax Regret - Risk and Uncertainty
    20:38
  • Decision Trees and Value of Information
    17:37

Instructor

Team, ACCAClasses
ACCA Classes
  • 4.3 Instructor Rating
  • 120 Reviews
  • 4,559 Students
  • 3 Courses

ACCAClasses : Study ACCA On-line with Industry Experts & Award Winning Tutors

Classes Designed Just for You:

1. Study as per your Comforts : Recorded Classes -

Flexible Timings, Replay the Classes, Save Traveling Time & Cost. Students can take the classes whenever they want to. Mostly suitable for professionals doing job or students pursuing additional degree. Replay the class and understand the concept until you are not satisfied.

2. Private-Effective-Personalized : One to One Classes -

Interact with Experts, Rank Holders and Subject Toppers. Make progress quickly with individual attention. Every class is designed specifically for you or clear you doubts/ problems with our experts. We adjust the classes as you make progress. Classes starting from $15 per hour.

3. Group Classes : Live Classes in Small Groups -

Group classes are led by teachers, are 60 minutes long, typically have 5-7 students, and are organized according to the level and interests of students in order to achieve the best possible learning results for everyone. During the class, your teacher will encourage every student to participate, so that everyone makes progress.

WHY US:

Exemption and Waiver of exemption fees for certain subjects. (Scholarship by our students for students who pass our scholarship exam.)

Help in fulfilling PER : Practical Experience Requirements

Help in registration or other formalities regarding ACCA Course with Institute.

Mentoring Session with our experts.

The team behind ACCA Classes brings years of professional & academic experience from world class institutions, subject toppers and industry experts

The rigorous design, teaching methodology, and personalized attention in online classes, enables our learners achieve their career dreams.

Engaging video lessons, flashcards, subject notes, comfortable timings, module wise course designing, makes learning fun. Regular Mock & Test Series for our Learners.

Start Studying ACCA from anywhere, anytime in the world. You can Ask Questions and Get Answers from Faculties just like you are attending a Real Classroom.

Regards Team

ACCAClasses