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SCF-08 Using Product Related Costs in Decision Making

Featuring David Hinrichs

Length: 49 minutes

Using Product Related Costs in Decision Making

This module addresses the effective use of an organization’s product or service costs in decision making given that the quality of information has a significant impact on the effectiveness of a firm’s analysis and the decisions resulting from the analysis. Key concepts covered include:

  • Product costing under normal costing methodologies

  • An Alternative approach offered by activity based costing

  • Identifying the relevant costs to be incorporated into the decision-making process

Supplementary Materials

  • Module Notes & Handouts