Machine Hour Rate & Profit Planning Fundamentals
- Next Workshop Scheduled for: March 29 - 30, 2012
- Call 413/686-9199 to register
Students will create the necessary budgets and construct a complete set of Machine Hour Rates for costing and pricing. Participants will also learn how to:
• Create a profit plan
• Determine the true cost of labor
• Construct variable and fixed overhead budgets
• Establish production centers and estimate their hours, downtime, and efficiency
• Develop machine hour rates for cost and pricing
• Monitor profitablity by order
No required advanced preparation for the workshop. We recommend reading the Insomniac Converter's Handbook, which will be mailed to all students prior to the workshop date.
Participants will return home with detailed instructions and every tool necessary on how to implement profit planning in their own plants. If the state of the union is making you think twice about discretionary expenses like this workshop, you'll be glad to know that every single company using these techniques is earning higher profits. The return on your investment will be measured in months, not y
Earn 14 Hours of CPE!
The Markens Group is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.
This is a basic course of fundamentals. No prerequisites are required. The workshop is presented as a "Group-Live" presentation and we generally award 14 hours of CPE based on actual contact time.
Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417, www.nasba.org
References
If you'd like to talk to people who've attended before, we'd be glad to supply you with a list of names. Want to Know Who Else will be Attending? Just give us a call and we'll let you know who's coming to the session you're interested in.
Substitutions/Cancellations Policy
Substitutions are accepted at any time. To obtain a refund of your registration fee (minus a $150 processing fee), notify The Markens Group and receive a notification of confirmation at least thirty days before the workshop begins. Between fifteen and twenty-nine days before the workshop, the processing fee is $500. Within two weeks of the workshop, no refunds are offered.
Dispute Resolution
Ben Markens, managing principal and lead teacher, is available to consider any dispute or other issue. Our general philosophy is "whatever's fair," and he will work with you to achieve a mutually agreeable solution. From our firm's point of view, he has complete and sole discretion to resolve any issue.
