Cost Accounting & Pricing Under Inflation

When input costs move every month, a price set on last quarter's cost can quietly destroy margin. This programme shows finance teams and managers how to build reliable product and service costs: direct materials and labour, allocating overheads fairly, standard costs and variances, and contribution margin by product and customer. It then turns those costs into pricing decisions: replacement cost versus historical cost, when and how to reprice, minimum acceptable prices for large orders, and how to explain price changes to customers with numbers behind them.

What you will learn

• Build product and service costs, including fair overhead allocation
• Use standard costs and read cost variances
• Measure contribution margin by product and by customer
• Price on replacement cost when inputs keep rising
• Set minimum prices for large orders and justify price changes