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Variable, Absorption and Activity Based Costing

Variable, Absorption and Activity Based Costing


This course has been designed for students studying Managerial Accounting at the under-graduate or post-graduate level.

Overview

About this Course
This course has been designed for students studying Managerial Accounting at the under-graduate or post-graduate level.

The topics covered are - Variable, Absorption and Activity Based Costing systems.

Basic knowledge
You need to have basic Financial Accounting knowledge at the first year level

Course Information

You need to have basic Financial Accounting knowledge at the first year level

What you will learn
The topics covered are - Variable, Absorption and Activity based systems.

You will learn the following -

The fundamental application of variable and fixed costs under variable and absorption costing
Increasing and decreasing closing stock levels under variable and absorption costing. Effect of changing stock levels to the Income statement and the Balance sheet
How to apply pre-determined recovery rates under absorption and variable costing systems
How to reconcile absorption profit to absorption profit over two periods as well as variable to variable and absorption to variable profit
Activity Based costing methodology and the application of manufacturing costs to cost drivers and to cost pools. Comparison of ABC profit to variable and absorption profit
How to read and answer examination questions. I will take you through several ABC questions with increased difficulty, teaching you how to integrate other managerial accounting topics into ABC, variable costing and absorption costing

Undergraduate and post-graduate students

• Lifetime Access to Each Course
• Certificate on Completion of Course
• No Extra Charges Or Admin Fees
• Easy Access to Courses
• High Priority Support After Sales.
• Big Discounts on Individual Courses

Course Specifications

Find a wide range of accounting-related courses on our learning platform including Basic Accounting and Bookkeeping. 

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Course duration is 24 hours.

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