Pricing for Profitability - Activity-Based Pricing for Competitive Advantage
Presented by: John Daly, Executive Education, Inc. and Craig S. Carrel, Team 1 Plastics, November 5, 2009
$99.00
Description:
- Nature of Cost
- Fixed/variable/stepped variable
- Cost/volume relationship
- Cost/complexity relationship
- Cost Accounting Methods
- Standard costing – machine/labor rates + overhead burden + profit
- Activity-Based Costing (ABC)
- Benefits of ABC Methods
- Customers
- Suppliers
- Team 1 History and Development of ABC Costing Model
- Quote Model Examples
- Volume
- Packaging
- Part launch complexities
- Questions and Answers
John Daly will present the first section, which will focus on the theory of activity-based pricing.
Craig Carrel will present the second section, which will focus on the application of activity-based pricing as a case study: Team 1 Plastics
Attendees will gain a better understanding of how to translate costs into pricing so that their quotations are more accurate and the work they win is profitable.
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