PAB-A  

Pamela A Brewer & Associates

1007 Understanding Costs

Price $14.95

Expressing costs in meaningful terms, the affect of changes in business activity, how to establish a breakeven point for your business and more.

This booklet will also serve as a basis for other booklets that will deal more specifically with the problems involved in cost control and profit planning.

In this booklet, you will learn to do the following:

-- Express your costs in specific, meaningful terms.

-- Understand how different costs are affected by changes in business activity.

-- Establish a breakeven point for your business.

-- Recognize the effect of price reductions on the sales volume required to meet your profit objectives.

-- Determine the extra sales volume that must be generated to offset the effect of cost increases.

-- Evaluate managerial decisions, such as the addition of employees or promotional expenses, in terms of the added sales required to offset the increased cost.

-- Make a reasonably accurate forecast of profit for a coming period.

-- Establish sales goals for a coming period that will be sufficient to cover all of your costs and produce a satisfactory level of profit to compensate you for your investment.