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Costing and Pricing

My Distance Learning College


This course aims to teach you how costing and pricing can help you to make better business decisions.

Course topics include:

Pricing a Product

  • Why price is important
  • How do you set the price?
  • How to present the price so customers say 'yes'
  • Price discounting

    Costing a Product

    • Traditional Costing Methods
    • Standard Costing

    Pricing a Service

    Break-Even Analysis

    • Fixed and variable costs
    • Break-even charts
    • Break-even examples

    Contribution Theory

    Absorption Costing


    On completion of your course, you will receive two qualifications:

    Costing and Pricing (Skills Course) Certificate

    Costing and Pricing (Skills Course) Certificate issued by My Distance Learning College, entitling you to use the letters SAC Cert after your name.

    NCFE Level 1 Costing and Pricing (Skills Course) Award

    This Course leads to an NCFE Level 1 Award Certificate for successful learners. That means that it is independently accredited at a level of learning equivalent to level 1 on the National Qualifications Framework (NQF) for England, Wales and Northern Ireland (in which case GCSE's are at levels 1 and 2 and A Levels are at level 3). In accrediting the program at level 1, NCFE attests that its learning outcomes are at an equivalent level to a level 1 national qualification.

    This award has been designed by My Distance Learning College to meet specific learners' or employers' requirements. Accreditation by NCFE is a guarantee of quality. It means that this learning program has been scrutinized and approved by an independent panel of experienced educational professionals and is quality audited biannually by NCFE.


    After each lesson there will be a question paper, which needs to be completed and submitted to your personal tutor for marking. This method of continual assessment ensures that your personal tutor can consistently monitor your progress and provide you with assistance throughout the duration of the course.

course quick facts
course code DED9012
cost $117.00
estimated time to
complete course
24 Hours
course materials
365 Days