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Marginal Costing & Break Even Point (BEP)

Utility of Marginal Costing and BEP
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Created by Dr.Himanshu Saxena

8.9

CourseMarks Score®

9.9

Freshness

N/A

Feedback

7.4

Content

Platform: Udemy
Price: $11.99
Video: 3h 20m
Language: English
Next start: On Demand

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Detailed Analysis

CourseMarks Score®

8.9 / 10

CourseMarks Score® helps students to find the best classes. We aggregate 18 factors, including freshness, student feedback and content diversity.

Freshness Score

9.9 / 10
This course was last updated on 3/2021.

Course content can become outdated quite quickly. After analysing 71,530 courses, we found that the highest rated courses are updated every year. If a course has not been updated for more than 2 years, you should carefully evaluate the course before enrolling.

Student Feedback

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Content Score

7.4 / 10
Video Score: 8.1 / 10
The course includes 3h 20m video content. Courses with more videos usually have a higher average rating. We have found that the sweet spot is 16 hours of video, which is long enough to teach a topic comprehensively, but not overwhelming. Courses over 16 hours of video gets the maximum score.
The average video length is 2 hours 06 minutes of 16 Product Costing courses on Udemy.
Detail Score: 8.5 / 10

The top online course contains a detailed description of the course, what you will learn and also a detailed description about the instructor.

Extra Content Score: 5.5 / 10

Tests, exercises, articles and other resources help students to better understand and deepen their understanding of the topic.

This course contains:

0 article.
0 resource.
0 exercise.
0 test.

Table of contents

Description

Marginal costing is the accounting system in which variable costs are charged to cost units and fixed costs of the period are written off in full against the aggregate contribution. Marginal costing is also the principal costing technique used in decision making. The key reason for this is that the marginal costing approach allows management’s attention to be focused on the changes which result from the decision under consideration. The concept of marginal costing is based on the behaviour of costs that vary with the volume of output. Marginal costing is known as ‘variable costing’, in which only variable costs are accumulated and cost per unit is ascertained only on the basis of variable costs. A break-even point is the minimal accepted point for most businesses. Here, the total costs for a product or service and the total revenue that product or service have brought in are equal. Therefore, there is no profit nor any loss. This type of revenue is needed to cover the total fixed and variable expenses of the company for a specified time period.
To calculate the BEP in units:
BEP in Units = Fixed Costs / (Sales Price per Unit – Variable Cost per Unit)
To calculate the BEP in Dollars:
BEP in Rupees = Sales Price per Unit x BEP in Units
There are 3 factors in the breakeven calculation:
•the sale price
•the level of variable costs
•the level of fixed costs
The breakeven point is reached when the margin on variable costs generated by the company equals the total amount of its fixed costs.
In this course, the students will learn:
•Concept of Marginal Cost and Break Even Point
•Marginal Cost Equation
•Cases and Problems in Marginal Costing
•Break Even Point (BEP) & Profit Volume Ratio (P/V Ratio)
•Income Statement in Break Even Analysis
•Indifference Point

Requirements

• No

You will learn

✓ Marginal Costing & Break even Point (BEP)

This course is for

• Graduation Students, Management Students, MBA, BBA, Commerce students, Data Analytics students

How much does the Marginal Costing & Break Even Point (BEP) course cost? Is it worth it?

The course costs $11.99. And currently there is a 52% discount on the original price of the course, which was $24.99. So you save $13 if you enroll the course now.
The average price is $10.7 of 16 Product Costing courses. So this course is 12% more expensive than the average Product Costing course on Udemy.

Does the Marginal Costing & Break Even Point (BEP) course have a money back guarantee or refund policy?

YES, Marginal Costing & Break Even Point (BEP) has a 30-day money back guarantee. The 30-day refund policy is designed to allow students to study without risk.

Are there any SCHOLARSHIPS for this course?

Currently we could not find a scholarship for the Marginal Costing & Break Even Point (BEP) course, but there is a $13 discount from the original price ($24.99). So the current price is just $11.99.

Who is the instructor? Is Dr.Himanshu Saxena a SCAM or a TRUSTED instructor?

Dr.Himanshu Saxena has created 24 courses that got 42 reviews which are generally positive. Dr.Himanshu Saxena has taught 145 students and received a 4.3 average review out of 42 reviews. Depending on the information available, Dr.Himanshu Saxena is a TRUSTED instructor.

More info about the instructor, Dr.Himanshu Saxena

MANAGEMENT PROFESSIONAL (MBA,Ph.D, UGC NET,SLET QUALIFIED)
Dr.HIMANSHU SAXENA is a Leading Educationalist,MBA, Ph.D , UGC-NET & RPSC STATE ELIGIBILITY TEST QUALIFIED. Dr.HIMANSHU SAXENA has been teaching and imparting education to the fullest of his knowledge for the last 19 years. Author of many books on various subjects like QUANTITATIVE TECHNIQUES,OPERATIONS RESEARCH, BUSINESS MATHS & STATISTICS, RESEARCH METHODS IN MANAGEMENT, PROJECT MANAGEMENT. Dr.HIMANSHU SAXENA has been a Visiting faculty in many esteemed colleges of India. His Teaching methods and techniques have been widely accepted and appreciated by students and faculties all ovet the country. The respect and the affection of his students has been acknowledged by him as his Greatest Reward. He has organized and participated in many seminars and workshops in management and other disciplines. Over the years , Dr.HIMANSHU SAXENA has motivated and encouraged thousands of students and professionals to achieve MISSION SUCCESS both academically and Professionally.

8.9

CourseMarks Score®

9.9

Freshness

N/A

Feedback

7.4

Content

Platform: Udemy
Price: $11.99
Video: 3h 20m
Language: English
Next start: On Demand

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