Location

Productivity and Quality Institute - Alexandria

Objectives

• i. Objectives of a costing system:Utilizations of resourcesDepartment-wise profitability analysisFixation of doctors' honorariumFixing schedule of chargesii. Define costing, cost objectsiii. Demonstrating different types of costsiv. Review the three method of allocating costs- Direct Method- Step Down Methodv. Pricing Strategies

Outcomes

• Discuss the strengths and weaknesses of each method• Review remaining cost allocation problems• Design of pricing strategies

Course Contents

1. Define costing, cost objects2. Different types of costs3. Method of allocating costs4. Breakeven point analysis5. Contribution margin analysis6. Pricing models7. Diagnosis related groups (DRG'S) & Case Mix