Cost Accounting and Profitability Calculation (5 cr)
Code: IE10024-3002
General information
- Enrollment
- 01.10.2024 - 31.10.2024
- Registration for the implementation has ended.
- Timing
- 13.01.2025 - 30.04.2025
- Implementation has ended.
- Number of ECTS credits allocated
- 5 cr
- Local portion
- 5 cr
- Mode of delivery
- Contact learning
- Unit
- Insinöörikoulutus / Energia- ja ympäristötekniikka (IE)
- Campus
- Wärtsilä Campus Karjalankatu 3
- Teaching languages
- Finnish
- Seats
- 20 - 50
- Degree programmes
- Degree Programme in Energy and Environmental Engineering
- Teachers
- Seppo Kainulainen
- Teacher in charge
- Seppo Kainulainen
- Groups
-
IENS23Engineer, Energy and Environmental Engineering, Full-Time Studies, Fall, 2023
- Course
- IE10024
Evaluation scale
H-5
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