Product costing -- From Engineer's point of view

Avatar

Ashok Khopkar

View profile
views_ic

1479 Views

people_ic

91 Enrollments

share_ic

Share

calendar_ic

-

clock_ic

-

duration_ic

-

info_ic

This course format is where trainer will explain you the subject via online live session. Date and time are not decided yet but it will be planned within next 2 weeks after you enroll & pay for this course. Get in touch with our team if any clarification is required.

FREE

online_session_ic
online
banner

Why do you enroll

Key topics covered

Course details

Course tags

Why do you enroll

What will you learn --

  1. Parameters required for costing and their source 
  2.  Which parameters are from engineering department  
  3. Importance of calculating Machining/Process time   
  4. Importance of Machine / Equipment hour rate 
  5. Making a cost sheet in simple format 
  6. Need to update cost sheet, dynamic costing 
  7. Intro to Should costing, Will costing

Show more

down_ic

Key topics covered

Key topics covered, will be

  • Why is costing required 
  • Which products need it 
  • When is it done 
  • Whose responsibility is it 
  • What role engineers play 
  • How accurate can it be 
  • What is the step by step process
  • Who provides the data

Show more

down_ic

Course Details

This course helps in understanding the process of manufacturing cost calculation of products manufactured using various types of machine tools.

This knowledge is very essential for all who are associated with manufacturing activities in any capacity, Viz  

  • Persons whose job function covers product costing  
  • Engineers responsible for production related activities 
  • Purchase / vendor development engineers 
  • Middle level managers responsible for day to day smooth operation of manufacturing activities within budgeted costs. 
  • Fresh engineers looking for job. This course will improve their employability. 
  • Owners / Directors of small scale industries 
  • Final year students of engineering colleges.   
  • Persons planning for start up
  • All those who understand importance of costing


This knowledge will further help in cost analysis and possibility of cost reduction improving marketability of their products. Suggestions for cost reduction without hampering quality are always welcome by companies and are rewarded directly or indirectly like more responsible positions, higher remunerations. It will help middle level managers to reduce wastage of anything since they can visualise the wastage in terms of money.

 Capability of justifying cost benefits of your actions is always a winning factor in industry, because running an industry is an economic activity. A person who can estimate cost of various activities involved in product making, becomes a decision maker. That means higher responsibility, higher position, higher remuneration.

 A series of related courses are conducted regularly for imparting in-depth knowledge of each step of product costing process . This free course will explain the importance of knowing this subject in more depth.

Show more

down_ic

Course tags

calendar_ic

Industry domains :

All Domains

calendar_ic

Engineering Disciplines :

Mechanical

FAQs on Product costing -- From Engineer's point of view

Having specific question ? Ask now

Certificate of Mastery

certificate_1

Receive well recognised certificate that you can showcase on

instagramlinkedinfacebook

Do you have any questions ?

help_ic
Frequently Asked Questions
info_ic
Having specific question ?

Featured courses

prerecorded_ic
Hazard Identification and Risk Assessmen...
Avatar
Team EveryEngMechanical Engineering
share_ic
₹ 199
prerecorded_ic
How to prevent corrosion in the oil and ...
Avatar
Team EveryEngMechanical Engineering
share_ic
₹ 199
prerecorded_ic
Application and use of "Green Hydrogen"
Avatar
Team EveryEngMechanical Engineering
share_ic
₹ 199
prerecorded_ic
Career in EPC projects for Freshers
Avatar
Team EveryEngMechanical Engineering
share_ic
₹ 199
prerecorded_ic
Career in EPC Cost Estimation
Avatar
Team EveryEngMechanical Engineering
share_ic
₹ 199
prerecorded_ic
Learn MATLAB Programming
Avatar
Sourabh GuptaMechanical Engineering
share_ic
₹ 199

More Technical Courses From Ashok Khopkar

online_label
Estimation of machining time for Lathe ...
Avatar
Ashok Khopkar
share_ic
₹ 700
online_label
Estimation of machining time for Milling...
Avatar
Ashok Khopkar
share_ic
₹ 700
online_label
What is LPG - Know More Closely
Avatar
Ashok Khopkar
share_ic
₹ 700
online_label
Understanding on Product costing - From ...
Avatar
Ashok Khopkar
share_ic
₹ 700
online_label
Understanding about Measuring units used...
Avatar
Ashok Khopkar
share_ic
₹ 1000
online_label
Safety during transporting bulk LPG by r...
Avatar
Ashok Khopkar
share_ic
₹ 1000
prerecorded_ic
Spotlight on Safety features in LPG stor...
Avatar
Ashok Khopkar
share_ic
₹ 400
online_label
Estimation of machining time for Lathe ...
Avatar
Ashok Khopkar
share_ic
FREE

More Articles From Ashok Khopkar

Machining Time Calculation
Avatar
Ashok Khopkar
share_ic
bookmark_ic1Likesviews_ic995Views
Machine Hour rate Calculation
Avatar
Ashok Khopkar
share_ic
bookmark_ic0Likesviews_ic1540Views
“LPG for Beginners” Serie...
Avatar
Ashok Khopkar
share_ic
bookmark_ic0Likesviews_ic684Views

More Communities From Ashok Khopkar

Similar Content Learn:

prerecorded_ic
Vapour Power Cycle In Engineering Thermo...
Avatar
Saurabh Kumar GuptaMechanical Engineer
share_ic
₹ 199
prerecorded_ic
Gas Power Cycle In Engineering Thermodyn...
Avatar
Saurabh Kumar GuptaMechanical Engineer
share_ic
₹ 199
prerecorded_ic
Thermodynamic Relations In Engineering T...
Avatar
Saurabh Kumar GuptaMechanical Engineer
share_ic
₹ 99
prerecorded_ic
Properties of Pure Substance In Engineer...
Avatar
Saurabh Kumar GuptaMechanical Engineer
share_ic
₹ 129
prerecorded_ic
Steady Flow Energy Equation in Engineeri...
Avatar
Saurabh Kumar GuptaMechanical Engineer
share_ic
₹ 149
prerecorded_ic
Design Water Bottle in SolidWorks
Avatar
Team EveryEngMechanical Engineering
share_ic
FREE
prerecorded_ic
How to face and get desired score in GAT...
Avatar
ANANTH PAI S
share_ic
FREE
online_label
Applications of Artificial Intelligence ...
Avatar
Kapil Singh
share_ic
COMPLETED
online_label
SAP Functional Training for Beginners
Avatar
Team EveryEngMechanical Engineering
share_ic
₹ 15000
online_label
Learn Basics of Microsoft Excel with our...
Avatar
Team EveryEngMechanical Engineering
share_ic
COMPLETED

Similar Content Mentor:

Achieve Mastery in Online Teaching
Avatar
Paresh Bhatt
share_ic
FREE
Learn to prepare an Impressive Resume
Avatar
Paresh Bhatt
share_ic
FREE
Learn Business Ethics
Zehra UnawalaFounder| Soft Skill certified trainer| P...
share_ic
₹ 2000
Personality Grooming as Per Corporate
Zehra UnawalaFounder| Soft Skill certified trainer| P...
share_ic
₹ 3000
POSH Training For Workplace
Zehra UnawalaFounder| Soft Skill certified trainer| P...
share_ic
₹ 3000

Similar Content Seminar:

offline_label
7th International Oil & Gas Chemistry, C...
Avatar
Matcorr ConsultancyTechnical Consultants
share_ic
COMPLETED

Similar Content Blogs:

De-Broglie concept of matter waves
Avatar
Team EveryEngMechanical Engineering
share_ic
bookmark_ic0Likesviews_ic682Views
Inadequacy of Classical Mechanics and th...
Avatar
Team EveryEngMechanical Engineering
share_ic
bookmark_ic0Likesviews_ic889Views
Interference in uniform and wedge-shaped...
Avatar
Team EveryEngMechanical Engineering
share_ic
bookmark_ic0Likesviews_ic847Views
Planck's Theory of Blackbody Radiation
Avatar
Team EveryEngMechanical Engineering
share_ic
bookmark_ic0Likesviews_ic621Views
How does a particle behave in 1-D box?
Avatar
Team EveryEngMechanical Engineering
share_ic
bookmark_ic0Likesviews_ic518Views
What is Piping Engineering?
Avatar
Anup Kumar DeyOwner of https://whatispiping.com/
share_ic
bookmark_ic0Likesviews_ic91Views
Types of Piping Valves for Oil and Gas I...
Avatar
Anup Kumar DeyOwner of https://whatispiping.com/
share_ic
bookmark_ic0Likesviews_ic102Views
Technical Basis for Impact Test Exemptio...
Avatar
Anindya BhattacharyaAsset Engineer
share_ic
bookmark_ic0Likesviews_ic131Views
Aerodynamic physics of the Delta Wing
Avatar
Rajat WaliaCFD Aerodynamics Engineer
share_ic
bookmark_ic0Likesviews_ic73Views
Seal of Hydraulic cylinder.
Avatar
AALOK SHARMACEO of AAAS Industries / Sheet Metal / S...
share_ic
bookmark_ic0Likesviews_ic37Views

Similar Content Community:

Firefighting Design By Naga
Avatar
Nagarajan ThanumoorthySenior Mechanical Engineer
share_ic
people_ic20Members Enrolled
Engineer's Corner
Avatar
Sourabh GuptaMechanical Engineering
share_ic
people_ic9Members Enrolled
Coatings
Avatar
Shyama Ranade
share_ic
people_ic7Members Enrolled
Corrosion
Avatar
Shyama Ranade
share_ic
people_ic17Members Enrolled
Thermodynamics for Students
Avatar
Sourabh Gupta
share_ic
people_ic23Members Enrolled
GATE for Students & Fresh Undergraduates
Avatar
ANANTH PAI S
share_ic
people_ic9Members Enrolled
Pressure Vessel & Piping
Avatar
ANANTH PAI S
share_ic
people_ic22Members Enrolled
Cae engineers
Avatar
Karthi hari
share_ic
people_ic5Members Enrolled

Similar Profile:

Mir Abbas

Senior Engineer

cat_seminar_ic14 years of experience
cat_seminar_ic0 Enrollments
location_ic--
THE EXPERTS MEP SOLUTIONS

THE EXPERTS MEP SOLUTIONS

cat_seminar_ic6 years of experience
cat_seminar_ic0 Enrollments
location_ic--
J Aatish Rao

Mechanical Engineering Pr...

cat_seminar_ic11 years of experience
cat_seminar_ic0 Enrollments
location_ic--
HEXSPUR FOUNDATION

Mechanical Design Enginee...

cat_seminar_ic14 years of experience
cat_seminar_ic0 Enrollments
location_ic--
Anup Kumar Dey

Owner of https://whatispi...

cat_seminar_ic20 years of experience
cat_seminar_ic0 Enrollments
location_ic--
Jyoti Swarup

--

cat_seminar_ic47 years of experience
cat_seminar_ic0 Enrollments
location_ic--
Praveen Tiwari

--

cat_seminar_ic13 years of experience
cat_seminar_ic0 Enrollments
location_ic--