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3 types of micrometers

06/01/2022 Client: muhammad11 Deadline: 2 Day

Training Agenda/Objectives•Day 1: Cost Management Overview–Understanding of why managing costs are important, Army’s overall objectives, the process of Cost Management, how it differs from Budget, and key cost terms•Day 2: Cost Object Definition–Understanding of an ERP, how to build a Cost Model, and the various cost objects within a Cost Model (e.g. organization, products, job orders, etc.)•Day 3: Assignment of Costs–Understanding of cost allocations/assignments, how to chose which to utilize when, how to valuate the results of the assignments (Std. vs Actual), and rate creation•Day 4: Analysis and Reporting–Understanding of the results of the Cost Model and how various types of analysis and decisions are supportedD3L1_p1


Day 3 Objective & AgendaDay 3: Assignment of Costs•Understanding of cost allocations/assignments, how to chose which to utilize when, how to valuate the results of the assignments (Std. vs Actual), and rate creation–Lesson 1: Cost Assignments Overview–Lesson 2: Direct Activity Allocation–Lesson 3: Assessment Cycles–Lesson 4: Indirect Activity Allocation, Target/Actual, and Templates–Lesson 7: Overhead Costing Sheet–Lesson 8: Costing Assignment Methods Comparison–Lesson 9: Standard vs. Actual & DepreciationD3L1_p2


Lesson 1: CostAssignments OverviewObjective(s):•To provide a high level understanding of the types of cost assignments•To understand what allocations and assignment are used forD3L1_p3

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