New Skills Academy

Costs, Volumes and Profits Certificate

New Skills Academy
Online

19 
*Orientierungspreis
Originalpreis in GBP:
£ 16

Wichtige informationen

Tipologie Short course
Niveau Intermediate
Methodologie Online
Beginn nach Wahl
Online Campus Ja
Versendung von Lernmaterial Ja
Beratungsservice Ja
Virtueller Unterricht Ja
  • Short course
  • Intermediate
  • Online
  • Beginn:
    nach Wahl
  • Online Campus
  • Versendung von Lernmaterial
  • Beratungsservice
  • Virtueller Unterricht
Beschreibung

The difference between business revenue and costs of operation make up business profits. Sales volumes and the cost of products or services can impact the potential of a business to generate profits. This relationship is explained through cost-volume-profit analysis.

Wichtige informationen
Welche Ziele verfolgt der Kurs?

You Will Learn:
The definition of the terms: costs, volumes and profits
The relationship between costs, volumes and profits
How to calculate cost-volume-profit or CVP analysis
The assumptions made during CVP analysis
How to calculate contribution margin and contribution margin ratio
Pound and unit break-even points
How to create a contribution margin income statement
The benefits of CVP analysis

Ist dieser Kurs für mich?

anyone

Wie geht es nach der Info-Anfrage weiter?

You will receive en email with further information on the course and how to purchase

Voraussetzungen: Internet Access

Einrichtungen (1)
Wo und wann
Beginn Lage
nach Wahl
Online
Beginn nach Wahl
Lage
Online

Was lernen Sie in diesem Kurs?

Benefits
Sales
Sales Training
Business
Profit
Video
Learn
Finances
Online
course
Money
Career
Short

Themenkreis

Costs, Volumes and Profits

The difference between sales and variable costs or the cost of goods and/or services sold makes up profits. After deducting fixed costs from the gross profit, you are left with income or the net profit. Fixed costs range from rent and interest to insurance and labour costs. They are indirectly related to production of goods and services.

Higher costs lead to lower profits and vice versa. Increasing revenue or lowering costs can increase profits. Improving the efficiency of business operations, reducing the cost of material and cutting on labour can reduce costs. The cuts on costs should not cause a drop in business revenue to increase profits.

If the sales volumes are higher than variable costs, more profits can be generated. Constant sales volume and revenue with reduced costs can increase profits. This course explains the relationship between costs, volumes and profits through cost-volume-profit analysis.

We show how changes in prices, margins and unit volumes of products or services can affect a company’s ability to generate profits. Cost-volume-profit or CVP analysis is a critical tool for financial analysis that helps businesses determine their ability to become profitable.

Benefits of the Course:
  • Taking this course will help you:
  • Know the relationship between cost, volume and profits
  • Know how to calculate CVP analysis
  • Know how to use analysis results to increase business profits
  • Know the importance of the relationship of cost, volume and profits in business operations
  • Know the various benefits of CVP analysis in business
  • Learn how to increase profits in your current or future business

Zusätzliche Informationen

Lifetime Access, Customer service support, Certificate upon Completion, Compatible with all major devices and browsers