Cost Accounting: Decision Making
Learn how cost accounting can enhance managerial decision-making. Discover how adjusting cost drivers impacts costs and how to achieve targeted profits. Improve pricing and product programs with insights from cost accounting.
In the third course, you will learn how to use information from cost accounting to improve managerial decision-making. We discuss business decisions and suggest how cost information can support them best. For example, how will costs change if managers adjust cost drivers? How many units do companies need to sell in order to avoid losses or to achieve a targeted profit? How can managers improve pricing or product programs with information from cost accounting?
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