Costing and Pricing Level 1 course

Costing and Pricing Course: Students will find this an invaluable insight into costings and pricing. So many new business make the mistake of not understanding the costing and pricing of their products or service. Dont make the same mistake!

Entry requirements:

There are no previous skills or qualifications required to register for this study programme.

Support:

All students will be assigned a personal tutor with whom they may correspond with via telephone or email. Details will be in your course study pack.

Duration:

All students have one year to complete this course from date of registration. Average study of 20 hours.

Provided materials:

• • College Course pack
  • Unlimited support Monday to Friday
  • Certification

  Course syllabus:

  • Introduction
  • Pricing a product
  • Why price is important
  • How do you set the price?
  • How to present the price so customers say "yes"?
  • Price discounting
  • Costing a product
  • Traditional costing methods
  • Standard costing
  • Pricing a service
  • Break even analysis
  • Fixed and variable costs
  • Breakeven charts
  • Breakeven samples
  • Contribution theory
  • Absorption Theory

  Examination:
  
  No examination is necessary
  
  Assessment method:
  
  This course is completed using continual assessment, allowing your tutor to closely monitor your progress every step of the way. Therefore no examination is required.
  
  Qualification:
  
  Certificate in Costing and Pricing

  All successful students will be awarded the UK Open College Certificate in costing and Pricing. This award is an independent college certificate issued by the UK Open College for successful learners. Once completed successfully each student will receive their certificate from the college proving their skills and knowledge in this rewarding field. Add this to your completed folder of courswork and impress any potential employer. Your certificate will give you the self belief and confidence to progress further with your studies or help make inroads to getting that job you have always wanted.