Course Description for Costing

This course includes information on the following processes:

Introduction 

Basic Data and Requirements 

Define Costs 

Cost Calculation 

Maintain Costing Data 

Analyze Cost Calculation 

ABC Costing 

Kaizen Costing 

Commonality Costing 

Cost Value Analysis 

Purchase Costing 

The course also includes an introductory 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 52.5 hours.

Target Audience

This course is designed primarily for application consultants within engineering and manufacturing.

Introduction

This chapter provides an introduction to costing. It includes information that you need to know before beginning the lessons in the other chapters. 

Prerequisites

Before taking the lessons in this chapter, you should have completed basic data setup for inventory part, manufacturing standards regarding product structure, and product routing.

Chapter Length

The estimated time to complete this chapter is 30 minutes.

Target Audience

This chapter was designed primarily for application consultants within engineering and manufacturing.

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Basic Data and Requirements

This chapter covers how to setup basic data, and costing templates.

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 6 hours.

Target Audience

This chapter was designed primarily for application consultants within engineering and manufacturing.

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Define Costs

This chapter covers how to define costs connected to different objects in the system.

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 2 hours.

Target Audience

This chapter was designed primarily for application consultants within engineering and manufacturing.

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Cost Calculation

This chapter covers how to calculate part costs.

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 4 hours.

Target Audience

This chapter was designed primarily for application consultants within engineering and manufacturing.

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Maintain Costing Data

This chapter covers how to maintain costing data.

Prerequisites

Before taking the lessons in this chapter, you should have completed basic data setup for inventory part, manufacturing standards regarding product structure, and product routing, and calculate costs.

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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Analyze Cost Calculation

This chapter covers how to analyze cost calculation.

Prerequisites

Before taking the lessons in this chapter, you should have completed basic data setup for inventory part, costing, calculated costs, 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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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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