CALL FREE ON 0800 220454

Costing and Pricing

The Costing and Pricing training course is available at the Edinburgh, Glasgow, Aberdeen and Inverness Pitman Training Centres or via Online Distance Learning through our Pitman Campus.

Invaluable for anyone responsible for accounts or setting pricing within a business, this short course is something we’re sure you’ll get true value from, in terms of real pound signs

Course duration: 6 hours

CPD Points: 6

iStock_000001425675XSmall

Lesson One – Including: What to consider when pricing a product, factors which affect the profitability of a business. Common price-setting strategies, factors which influence the customer’s decision to buy. Ways to check that the price is right, how increasing or decreasing selling price affects profit, ways to market and sell products, defining direct costs and indirect costs, recovering costs

Lesson Two – Including: Examples of a service business, identifying overheads of a typical service business, calculating a suitable hourly rate, defining fixed costs, variable costs and semi-variable costs, understanding the break-even point on a graph, formula to calculate the break-even point, limitations of break-even analysis

Lesson Three – Including: What ‘contribution’ is and how it is calculated, how fixed costs, variable costs, selling price and profit interact, using Excel to carry out appropriate calculations, how contribution theory can help to make business decisions, setting out and interpreting a marginal cost statement, understanding what is meant by ‘absorption costing’

Individuals who need to know how to use pricing strategies and different pricing methods in order to set the right price for their service or product
To understand how to accurately cost and price products and services in order to help make a business profitable

Experience of Microsoft Excel

ITA (Individual Training Account) funding may be available for this course subject to eligibility. Please contact us for more information.

For more information on this or any of our courses complete the form

Course Enquiry

Choose Centre (required)

Name (required)

Email (required)

Telephone (required)

Which course are you interested in? (required)

Enquiry

Terms & Conditions: We will only use the information you have provided to contact you regarding your enquiry about our courses.

Tick here to accept the term of this form submission

Future ContactTick here to also allow us to keep in touch with you about available funding, new courses and future dates

You are human aren't you?