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cost reduction methods

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › cost reduction methods

  • This topic has 1 reply, 2 voices, and was last updated 8 months ago by John Moffat.
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    Posts
  • October 6, 2021 at 2:54 pm #637136
    Natasha1996
    • Topics: 34
    • Replies: 22
    • ☆☆

    Sir I am self-studying and looking for the answer regarding the ways of cost reduction methods.

    I don’t know any of them please explain few ways?

    October 6, 2021 at 3:36 pm #637140
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 49603
    • ☆☆☆☆☆

    It very much depends on the context of the question. The most likely place this could be asked is in a target costing question when we are looking for ways of reducing the cost down to the target. I give plenty of examples of how we might do this in my free lectures on target costing.

    I ask you again, have you watched my lectures? The lectures are a complete free course for Paper PM and cover everything needed to be able to pass the exam well.

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