Course curriculum

  • 1

    Introduction to Service Costing

    • Manufacturing Cost vs Service Cost
  • 2

    Components of Service Costs

    • Cost Classification in Services

    • Overhead Allocation
  • 3

    Costing Methods for Services

    • Service Costing Techniques

    • Cost Unit in Service Industries

    • ABC for Service Companies

    • ABC vs Conventional Costing

    • Time Driven ABC ( TDABC)

    • SLA Target

    • Turn Around Time (TAT)
  • 4

    Pricing Strategies Using Costing Data

    • Break-Even in-Service Firms

    • Marginal Cost and Contribution Margin

    • Linking Costing with Financial Decision Making

    • Make or Buy and Outsourcing Decision
  • 5

    Implementing Costing in Your Business

    • Best Practices and Wrap-up

    • Regulatory and Reporting Consideration

    • Case Study