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

Study with award winning and rank holder faculties.

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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.

What You Will Learn!

  • 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

Who Should Attend!

  • 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



  • ACCA
  • Product Costing






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