Diploma in Cost Accounting

Name: Diploma in Cost Accounting
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Learn about the components of cost accounting, cost classification, and budgetary control from this free online course.

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Learning Outcomes

In this free course, you will learn how to:

Discuss the concept of cost accounting and the types of cost in cost accounting
Explain cost volume profit analysis and the breakeven point
Explain how breakeven point analysis can be applied in cost accounting
Discuss the concept of sales mix and how to calculate the breakeven point of the sales mix
Explain the concept of sensitivity analysis and its importance in cost accounting
Discuss the concept of budgeting and the types of budgeting in cost accounting
Analyze the components and importance of a budgetary control system
Discuss the concept of zero-based budgeting and its application in cost accounting
Discuss the concept of variance as well as the types of variance
Recall how graphs are plotted for a fixed cost, the variable cost, and semi-variable cost

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