Working with Costs and Budgets, 5th Edition

Table of contents

1. Front Cover
2. Title Page
3. Copyright
4. Contents
5. Series preface
6. Unit specification
7. Workbook introduction
   1. 1 ILM Super Series study links
   2. 2 Links to ILM qualifications
   3. 3 Links to S/NVQs in Management
   4. 4 Workbook objectives
   5. 5 Activity planner
8. Session A Classifying costs
   1. 1 Introduction
   2. 2 Organizational costs
   3. 3 Labour costs
   4. 4 Materials costs
   5. 5 Overheads
   6. 6 Fixed and variable costs
   7. 7 Break-even analysis
   8. 8 The need to control costs
   9. 9 Summary
9. Session B Standard costing
   1. 1 Introduction
   2. 2 Setting standards
   3. 3 Standard costing in practice
   4. 4 Variances from standard
   5. 5 The value of standard costing
   6. 6 Summary
10. Session C Controlling and reducing costs
    1. 1 Introduction
    2. 2 Cost information and decisions
    3. 3 Cost centres
    4. 4 Control through cost centres
    5. 5 Cost consciousness
    6. 6 Checklists for controlling costs
    7. 7 Cost reduction
    8. 8 Summary
11. Session D What is a budget?
    1. 1 Introduction
    2. 2 The purpose of budgets
    3. 3 Beginning a budget
    4. 4 Why do we need budgets?
    5. 5 The advantages of budgets
    6. 6 Using budgetary control
    7. 7 Summary
12. Session E Monitoring performance against budget
    1. 1 Introduction
    2. 2 Budgetary control
    3. 3 Flexible budgets and budgetary control
    4. 4 Non-financial budgets
    5. 5 Standard costing and budgetary control
    6. 6 Summary
13. Performance checks
    1. 1 Quick quiz
    2. 2 Workbook assessment
    3. 3 Work-based assignment
14. Reflect and review
    1. 1 Reflect and review
    2. 2 Action plan
    3. 3 Extensions
    4. 4 Answers to self-assessment questions
    5. 5 Answers to activities
    6. 6 Answers to the quick quiz
    7. 7 Certificate