Convert CMA cost management topics into practical costing, variance and improvement tools for your plant or business.
💡 Cost clarity: Understand cost behavior, costing systems and overhead allocation so exam questions and plant variances make sense.
🤝 Better collaboration: Talk with operations about standard costs, variances and improvement ideas using shared language.
♻️ Leaner processes: Spot where value chain, lean and cost of quality concepts can reduce waste and support decisions.
Plant or site controllers and cost accountants managing standard costs, overhead allocation and cost variances in operations.
FP&A analysts and commercial controllers using cost data for pricing, margin analysis and product or customer decisions.
Knowledge: Introductory management accounting and basic exposure to standard costing or cost allocation.
Tools: Spreadsheet skills and access to costing or variance data for practice scenarios.
Differentiate key cost concepts and behaviors in cost management scenarios.
Apply job, activity based and other costing systems to exam style problems.
Allocate overhead and service department costs using standard methods.
Analyze process improvement opportunities using value chain, lean and cost of quality tools.
Eligibility: currently not eligible
Watch time: about 2.5 hours
Total learning: about 5 hours
Estimated credits: 3.0