Course Description for Costing Advanced

This course includes information on the following processes:

ABC Costing 

Kaizen Costing 

Commonality Costing 

Cost Value Analysis 

Purchase Costing 

The course also includes an Introduction chapter which gives the student a course overview through a lesson in basic principles and key terms and a lesson explaining the main process data, together with an Initial Exercises chapter which gives the instructor an opportunity to show a basic flow of the course in the application through some exercises.  

Course Length

The estimated time to complete this course is 25 hours.

Target Audience

This course is designed primarily for application consultants within Engineering and Manufacturing.

ABC Costing

This chapter covers how to setup Activity Based Costing.

Prerequisites

Before taking the lessons in this chapter, you should have completed Basic Data setup for Inventory Part, Costing, Code Part/Cost Cent in Accounting Rules,  Manufacturing standards regarding Product Structure, and Product Routing.

Chapter Length

The estimated time to complete this chapter is 10 hours.

Target Audience

This chapter was designed primarily for application consultants within Engineering and Manufacturing.

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Kaizen Costing

This chapter covers how to run Kaizen Costing.

Prerequisites

Before taking the lessons in this chapter, you should have completed Basic Data setup for Inventory Part, Costing, Manufacturing standards regarding Product Structure, and Product Routing.

Chapter Length

The estimated time to complete this chapter is 5 hours.

Target Audience

This chapter was designed primarily for application consultants within Engineering and Manufacturing.

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Commonality Costing

This chapter covers how to run Commonality Costing.

Prerequisites

Before taking the lessons in this chapter, you should have completed Basic Data setup for Inventory Part, Costing, Manufacturing standards regarding Product Structure, and Product Routing.

Chapter Length

The estimated time to complete this chapter is 5 hours.

Target Audience

This chapter was designed primarily for application consultants within Engineering and Manufacturing.

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Cost Value Analysis

This chapter covers how to run Cost Value Analysis.

Prerequisites

Before taking the lessons in this chapter, you should have completed Basic Data setup for Inventory Part, Costing, Manufacturing standards regarding Product Structure, and Product Routing.

Chapter Length

The estimated time to complete this chapter is 5 hours.

Target Audience

This chapter was designed primarily for application consultants within Engineering and Manufacturing.

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Purchase Costing

This chapter covers how to run Purchase Costing.

Prerequisites

Before taking the lessons in this chapter, you should have completed Basic Data setup for Inventory Part, Costing, Purchase in Supplier for Purchase Part, Manufacturing standards regarding Product Structure, and Product Routing.

Chapter Length

The estimated time to complete this chapter is 5 hours.

Target Audience

This chapter was designed primarily for application consultants within Engineering and Manufacturing.

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