This course looks into the fundamentals of Marginal Costing, a critical method in management accounting. The program covers many areas of cost analysis through seven thorough courses, assisting in informed decision-making and strategic profit planning. The course begins with an introduction to costing methodologies and quickly proceeds into the heart of Marginal Costing knowledge. It dives into cost classification, preparing students to undertake Cost-Volume-Profit (CVP) analysis. As a result, effective decision-making techniques based on Marginal Costing are made possible.

The course goes further into the complexities of the Contribution Margin Ratio, promoting skill in profit planning. Finally, the limits and critiques of Marginal Costing are discussed, fostering a comprehensive grasp of its practical ramifications. By the end of the course, students will be able to traverse the subtleties of Marginal Costing, enhancing their managerial abilities and financial insights. Refer to the individual modules in the program for more information.