P3 : Cost analysis and decision-making - M34 : Relevants costs and decision-making

More informations on : http://www.actiononline.fr/parcours/analyse-des-couts-et-prise-de-decisions/

Learning goals:
1- Define the relevant cost.
2- Use the right costing method(s) for the decision to be taken.
3- Make the right decision.

Chapters
- Making the right decision
- Using full production capacity
- Reducing selling price
- The Make-or-Buy decision
- Dropping a business line or market sector
- Setting the selling price for a new business
- Choosing the appropriate method
- Quiz - Relevant cost and decision-making

A word from the author
"How can you take an important operational decision (setting selling prices, making or buying, hiring or firing, discontinuing or launching a product range) without understanding the cost implications?
This module addresses that very question: there is a cost that is relevant to each decision; from the relevant cost you can work out which costing method to use to assess profitability and make the right decision."