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General Accounting Discussions: Determining Product Mix from Cost Accounting Data (more than 1 cost driver)

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    • CommentAuthorgreyward
    • CommentTimeJul 10th 2009
     
    Hi,
    I'm no cost accounting whiz. In fact, I'm fairly substandard at understanding cost accounting. I'm starting a business and I want to determine the optimal mix of services. I have various costs for each of the following services:
    - webinars
    - speaking
    - consulting
    - workshops

    The costs for each of the above services are not based on only one cost driver. For example, workshops has two cost drivers: number of workshops and number of participants in each workshop.

    How do I determine what the optimal service mix is?

    -greyward

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