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  • cpd
Course Category: Finance Skills

Understanding the Nature & Behaviour of Costs

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  • CPD Points : 1
  • Video Duration : 33
Aims

The delegate will understand more about how decisions are made in a business and why managing cost is essential. 

Key Learning Outcomes
  • Recognise the importance of a business having accurate cost information when making decisions about pricing and capital expenditure 
  • Identify and understand the difference between fixed and variable costs 
  • Be able to calculate breakeven point using a breakeven chart 
  • Be able to calculate breakeven point using the contribution method
Who Would Benefit

This module is aimed at those not in a financial role but with a need to understand the impact of costs to the organisation.

Module Price - 1 Credit
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