Online Course on Material Costing

Online Course on Material Costing

Take this Course for $10
Welcome to this Online Course on Material Costing

In this course you will learn :


1.Introduction to Material Costing
2.objectives of material cost controlling
3.Requirements of Material cost control
4.elements of material cost control
5.techniques of material cost control
6.Decision making in material purchases
7.Material purchase procedure
8.supplier selection procedure
9. Supplier payment procedure
10.Just in Time Purchases
11.ABC Analysis
12.Valuation of Material Receipts
13.Valuation of Material Case Study 1
14.Valuation of Material Case Study 2
15. Why Storeage of Materials are important and what are Duties of Store Keeper?
16.What are Bin Cards?
17.What are Stock Control Cards?
18.What are Stores Ledgers?
19.Difference between Bin Card and Stores Ledger
20.Inventory Control
21.Settting of Various Stock Levels
22.Re-Order Quantity
23.Re-Order Level
24.Calculation of EOQ Case Study 3
25.Calculation of EOQ and Total Variable Cost Case Study 4
26.Evaluation of Exisiting Policy and EOQ Case Study 5
27.Evaluation of Discount Offer and EOQ Case Study 6
28.Calculation of EOQ Case Study 7
29.Calculation of Stock Levels Case Study 8
30.Calculation of Stock Levels Case Study 9
31.Evaluation of Discount Offer and EOQ Case Study 10
32.Calculation of Stock Levels and Danger Level Case Study 11
33.Techniques of Inventory Control
34.ABC Analysis
35.Two Bin System
36.Estabishment of System of Budgets
37.Other Techniques of Inventory Control
38.Application of ABC Inventory Control System Case Study 12
39.Application of ABC Inventory Control System Case Study 13
40.Case Study - Calculate Sales, SP/Unit and Margin of Safety Sales
41.Case Study - Calculate Sales Volume and Margin of Safety
42.Case Study - Computation of Break Even Point
43.Case Study - Calculate Sales Revenue required to achieve Quarterly Profit
44.Case Study - Break Even Point in Units
45.Case Study PV Ratio, Fixed Cost and Sales required to earn a given profit
46.Case Study Break Even Sales, PV Ratio , Units to be sold for achieving given EBI





Course Curriculum

Introduction to Material Costing
objectives of material cost controlling
Requirements of Material cost control
elements of material cost control
techniques of material cost control
Decision making in material purchases
Material purchase procedure
supplier selection procedure
Supplier payment procedure
Just in Time Purchases
ABC Analysis
Valuation of Material Receipts
Valuation of Material Case Study 1
Valuation of Material Case Study 2
Why Storeage of Materials are important and what are Duties of Store Keeper?
What are Bin Cards?
What are Stock Control Cards?
What are Stores Ledgers?
Difference between Bin Card and Stores Ledger
Inventory Control
Settting of Various Stock Levels
Re-Order Quantity
Re-Order Level
Calculation of EOQ Case Study 3
Calculation of EOQ and Total Variable Cost Case Study 4
Evaluation of Exisiting Policy and EOQ Case Study 5
Evaluation of Discount Offer and EOQ Case Study 6
Calculation of EOQ Case Study 7
Calculation of Stock Levels Case Study 8
Calculation of Stock Levels Case Study 9
Evaluation of Discount Offer and EOQ Case Study 10
Calculation of Stock Levels and Danger Level Case Study 11
Techniques of Inventory Control
ABC Analysis
Two Bin System
Estabishment of System of Budgets
Other Techniques of Inventory Control
Application of ABC Inventory Control System Case Study 12
Application of ABC Inventory Control System Case Study 13
Case Study - Calculate Sales, SP/Unit and Margin of Safety Sales
Case Study - Calculate Sales Volume and Margin of Safety
Case Study - Computation of Break Even Point
Case Study - Calculate Sales Revenue required to achieve Quarterly Profit
Case Study - Break Even Point in Units
Case Study PV Ratio, Fixed Cost and Sales required to earn a given profit
Case Study Break Even Sales, PV Ratio , Units to be sold for achieving given EBI
author

CA N Raja Natarajan

Instructor

I am a Chartered Accountant with tonnes of passion for teaching.

I teach Financial Management & Strategic Financial Management for Chartered Accountancy, Cost and Management Accountancy and Company Secretary students in Ernakulam, India. I also hold Post Graduate Diploma in Business Administration in Finance from Symbiosis, Pune and Bachelors in Commerce, from Loyola College, Chennai.

I worked in State Bank of India as Assistant Vice President - Credit for a period of four years after which i started my Chartered Accountancy Practice. During the stint in State Bank of India, I worked on credit proposals of Mid Corporate Units and gained good experience in Financial Analysis, Risk Assessment, Viability Study, Evaluating business models, Project Finance, Working Capital Management, etc.

I conduct work shops for Entrepreneurs, Chartered Accountancy / Cost and Management Accountancy Students on the topics like Project Finance, Credit Risk Assessment, Entrepreneurship Development, Finance for Non Finance Executives, etc.

I love teaching and i want fundamentals of accounting and finance to reach students and so i am here.