This class describes the basic costs associated with manufacturing and how these costs are typically controlled.
Course Objectives:
- Define costs
- Distinguish between direct and indirect costs
- Define direct labor and direct materials
- Define factory burden
- Describe tooling costs
- Define product engineering costs
- Identify general and administrative costs
- Define sales and marketing costs
- List the types of costs in relation to product volumes
- Identify fixed costs
- Identify variable costs
- Identify semi-variable costs
- Define step-variable costs
- Describe the benefits learning can have on costs
- Describe the benefits of cost analysis.
Recommended Background
- Recommended for manufacturing personnel, including technicians, engineers, and managers
Course ID
TU017
Skill Focus
Beginner
Instructor(s)
Tooling U - SME
Employee Type
1st level supervisors, leadership, change leaders
Method of Delivery
Online
Estimated Effort
1.5 hrs
Cost
Contact for Price
Contact ToolingU for Course Program Details.