Managing Business Capacity with Activity-Based Costing

COURSE ID: LSM535

Course Overview

The key to good managerial reporting lies in deciding which system best helps managers make better decisions, with the shortcomings that cause the fewest problems.

This online course explores one of the most challenging issues in measuring the margins created by individual managers, departments, products and services: allocating the costs that are incurred simply to provide productive capacity. You will learn the pluses and minuses of investing in capacity, the creation of surplus, and the risks associated with fixed capacity costs help you assess and plan for economic downturns or increased competition. In examining the economics of your business, you will understand which costing systems best meet your needs.

People at all levels in any functional area in for-profit, not-for-profit and governmental organizations who want to be more effective in:

  • Specifying organizational strategy, or implementing the strategies specified by others.
  • Linking performance evaluation and incentives to organizational strategy.
  • Revising strategy and operations to accomplish strategic goals at lower cost.
  • Helping employees collaborate and work together across departments and functional areas, and communicate more effectively with colleagues about the goals and performance of their organization.

Accounting and finance people will also benefit enormously from this program. This series applies the work of accounting, measurement, and thinking strategically about costs and performance in every corner of an organization.