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Effective Cost Control for Supervisors
Introduction
Supervisors and first line Managers are increasingly required to achieve more cost effective utilization of materials, equipment and people. Invariably the achievement of these objectives requires a broader understanding of management accounting procedures in order to adequately monitor performance and identify/implement cost saving actions.
Aims and Objectives
This one day workshop gives delegates and appreciation of management accounting techniques and how they can be applied in the workplace.
The Course Covers
- How to classify costs
- How to calculate man hours
- How to calculate efficiency levels
- Why waste levels need to be recorded
- How to calculate standard costs
- How to use labour standards to plan production
- How to calculate variances
- The effect of Variances on the Profit Margin
Who Should Attend
Supervisors and first line Managers requiring an appreciation of how Cost Control techniques can be used to monitor performance.
Course Duration
One day
Certification
Certificate of Attendance
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Call Free: 0800 31 88 35 fax: 08707 42 01 81 All NEBOSH, IOSH, IFE, IEMA, ILM and City & Guilds courses are run through authorised centres.
NOW AVAILABLE! from £295.00
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London: 020 8819 9561
Manchester: 0161 660 7660
Glasgow: 0141 530 7710
or call free on 0800 31 88 35
e mail: info@trainingworld.co.uk
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