Cost Accounting and Profitability CalculationLaajuus (5 cr)

Objective

Understand the profitability of a business. Calculate profit margins by outlining costs and revenue. Calculate the price of a service or product. Understand the role of profit margins within internal accounting. Command cost and profit margin calculations and apply these calculations for a new business.

Content

The main contents of the course include:
- Business profitability
- Calculation of profit margins
- Cost calculations for services and products
- Cost calculations and budgeting
- Calculation of profitability and sensitivity analysis for investments