Accounting Foundations: Cost-Based Pricing Strategies

0
LinkedIn Learning Review
Location
Online(Course Link)
Dates
On Demand
Course Categories
Business and Management
Certficate
Yes(Certificate of completion)
Language
English
Course Fees
US Dollar 15.94 (Check Course Page for Last Price)No. of Attendant
Unlimited
Acquired Skills/Covered Subjects
- Cost-based pricing for custom products,Cost-plus pricing,What counts as a cost?,Fixed costs vs. variable costs,Short-term and long-term pricing,Transfer pricing
Provider Name | LinkedIn Learning |
---|---|
Training Areas |
|
Website | https://www.linkedin.com/learning/ |
About The Provider |
LinkedIn Learning is an American website offering video courses taught by industry experts in software, creative, and business skills. It is a subsidiary of LinkedIn. It was founded in 1995 by Lynda Weinman as Lynda.com before being acquired by LinkedIn in 2015.Microsoft acquired LinkedIn in December 2016. |
Accurate pricing protects your profits and keeps your products competitive. In this course, instructors Jim and Kay Stice explore cost-based pricing strategies that account for the costs associated with creating products, from materials to man hours, as well as overhead and R&D. Discover how the cost-plus model used in government contracts can provide a baseline for your business, and explore alternatives such as loss leaders and bundling. Then learn how to account for the production constraints for special orders and use forecasting to determine stable long-term prices. Finally, learn how transfer pricing can affect internal performance metrics and international income tax planning, and how activity-based costing allows companies to charge more for products or customers with greater demands.