scholarly journals Total production costs of construction enterprise features of distribution

2021 ◽  
Vol 2 (47) ◽  
pp. 86-93
Author(s):  
L. Husarova ◽  
O. Rubtsova ◽  
D.S. Olenich
Keyword(s):  
Indirect Costs ◽  
Production Costs ◽  
Total Production ◽  
Construction Enterprise ◽  
Construction Company ◽  
Construction Enterprises ◽  
Formal Procedure ◽  
The Cost ◽  
Cost Of Construction

The article considers the peculiarities of the distribution of total production costs, taking into account the specifics of the construction enterprises of Ukraine. It is established that the accounting processes are regulated by UAS 16 "Costs" and UAS 18 "Construction contracts", but in practice the implementation of  the distribution of overhead costs becomes a formal procedure due to insufficient definition and presentation in the current regulatory framework of the classification of costs. It is noted that in construction there are three types of cost of construction and installation work: estimated, which includes regulatory costs due to estimated norms and current prices; planned, which includes the cost of construction and installation work and is determined on the basis of technical and economic calculations using economically justified norms and standards of costs for construction and installation work under normal capacity of the construction company and the actual, including the actual costs of the construction company, incurred during construction and installation work.  This feature leads to the possibility of significant differences in the actual and estimated cost of construction. The schematic connection of the classification of costs by economic elements and costing items in calculating the cost of construction and installation work is given. It is determined that the improvement of accounting for total production costs should be an element of strategic management in the construction company as there is a tendency to increase in recent years. Carrying out the correct distribution of  total production costs requires further development of regulatory and methodological framework, firstly, by improving the classification of indirect costs with the development of criteria for determining their fixed and variable part, and secondly, developing criteria for selecting the optimal distribution base of construction enterprises. It is considered promising to use information technology for more accurate calculations and improve the working conditions of analysts in the distribution of  total production costs.

scholarly journals Challenges Confronting Nigeria Indigenous Construction Enterprise

2020 ◽  
Vol 11 (1) ◽  
pp. 63-73
Author(s):  
Olusegun Emmanuel Akinsiku
Keyword(s):  
Primary Data ◽  
Construction Enterprise ◽  
Net Worth ◽  
Construction Firms ◽  
Construction Enterprises ◽  
The Face ◽  
Important Means ◽  
The Cost ◽  
Work Done ◽  
Cost Of Construction

Construction activities in Nigeria are dominated by foreigners’ managed construction enterprises. These companies constitute less than 5 percent of the number of construction enterprises in Nigeria; however, they are involved in over 95 percent of high net-worth construction activities. Nigeria Indigenous Construction Enterprises (NICE) are faced with numerous challenges that have limited their performances. This makes construction clients to patronize foreigners’ managed construction firms because of the flaws in the performances of NICE. There have been measures on how to make NICE relevant, but most attempts have achieved little or no success. This study was aimed at examining the challenges of NICE in the face of the present scenario and to proffer ways of possible improvement. Primary data were collected by administering a structured questionnaire to both clients and contractors who are involved in the day-to-day construction activities. Data collected were analyzed using descriptive statistics, mean score and Kruskal-Wallis test. The study identified 25 challenges of NICE and 18 ways of improving NICE performance through careful literature reviews. The analysis of the total ranking among stakeholders revealed that limited technical expertise, insufficient profit on projects and delay in the payment of contractors for work done were the highest-ranked challenges. Application of project management techniques in construction activities, quality control of materials and improving production capabilities were the most important means of improving NICE performance as identified. The findings of this study will help to improve the competitiveness of indigenous contractors if well implemented as it will help to reduce the cost of construction as the competition nest for performing contractors will be widened.

Establishment of Quality Cost Control Balance System Forconstruction Enterprise

2013 ◽  
Vol 405-408 ◽  
pp. 3410-3413
Author(s):  
Yan Zhang ◽  
Jun Sheng Mu
Keyword(s):  
Control System ◽  
Cost Control ◽  
Quality Cost ◽  
Construction Enterprise ◽  
Construction Enterprises ◽  
Balance System ◽  
The Cost ◽  
Control Balance ◽  
Cost Of Construction ◽  
Comparative Observation

Quality is the life of the construction enterprise,reducing the cost of construction is the goal of enterprise pursuit, the factors must be considered are analyzed in the establishment of construction enterprise quality cost control system, according to the observation, comparative observation and expected results, when necessary corrective action steps, the quality cost control system is established in construction enterprises, in order to achieve the best balance of quality and cost of the construction enterprise

scholarly journals Programme planning methods for enterprise activities in the territorially concentrated construction complex

2018 ◽  
Vol 193 ◽  
pp. 05006 ◽  
Author(s):  
Margarita Panteleeva ◽  
Svetlana Borozdina
Keyword(s):  
Current Trend ◽  
Construction Enterprise ◽  
Business Plans ◽  
Construction Company ◽  
Construction Enterprises ◽  
Centralized Management ◽  
Management Function ◽  
Planning Methods ◽  
Comprehensive Programs

This article is dedicated to the problem of the lack of a systematic approach in the creation of financial and business plans at construction enterprises. The current policy in the field of long-term management does not imply the existence of a strictly regulated procedure. As a rule, this process each time has a new structure and a new toolkit. And given the current trend towards clustering in the construction sector, such a situation could adversely affect the further development of the entire industry. The article suggests a description of the multi-level management system of a construction enterprise. This system is based on comprehensive programs that allow, through a centralized management function, to streamline the process of solving the basic tasks facing the construction company in the framework of the entire construction industry. The program method proposed by the authors is an addition to the already used planning methods and allows to overcome the difficulties that arise in connection with the territorial concentration of the construction complex.

Impact of bovine respiratory disease (BRD) from the perspective of the Canadian beef producer

2009 ◽  
Vol 10 (2) ◽  
pp. 109-110 ◽  
Author(s):  
Kee Jim
Keyword(s):  
Respiratory Disease ◽  
Bovine Respiratory Disease ◽  
Indirect Costs ◽  
Direct Costs ◽  
Production Costs ◽  
Direct And Indirect Costs ◽  
Carcass Disposal ◽  
The Cost

AbstractThe costs of bovine respiratory disease (BRD) to the beef producer can be estimated by identifying and summing the direct and indirect costs associated with the disease. The major direct costs are attributable to the cost of the feeder, production costs and carcass disposal. The indirect costs are mainly associated with infrastructure and labour.

Management Research on the Construction Enterprise Project Cost

2013 ◽  
Vol 357-360 ◽  
pp. 2193-2196
Author(s):  
Hai Yan Zhang ◽  
Jin Wei Zhao
Keyword(s):  
Control Process ◽  
Economic Benefits ◽  
Construction Process ◽  
Management Research ◽  
Building Projects ◽  
Construction Enterprise ◽  
Construction Enterprises ◽  
Building Process ◽  
Planning And Construction ◽  
The Cost

Currently, in our many construction building process, due to the volatility of the market, the complexity of the construction, and many other factors, make the cost is difficult to precisely control a certain influence on the economic efficiency of enterprises, is not conducive to the construction enterprises cansustainable development. In this paper, in order to better improve the economic benefits of construction enterprises, and to promote the better development of the field of building projects in China, analysis of the construction process of the project, the factors that affect the cost of the project and further explore how to effectively do the costs of planning and construction cost control process.

scholarly journals Model Perhitungan Biaya Produksi Islami Menggunakan Metode Variable Costing (Studi Kasus Usaha Susu Shi Jeckex Cabang Jogja)

2019 ◽  
Vol 9 (1) ◽  
pp. 9
Author(s):  
Ni'ma Khoirunnisa ◽  
Siti Achiria
Keyword(s):  
Cost Control ◽  
Production Costs ◽  
Total Production ◽  
The Real ◽  
Method Of Calculation ◽  
A Company

<p><em>Every company is required to run its business very well. The success of a company is very much determined by the accuracy and ability of the leader in managing the company. Production costs are one part of the internal steps that must be taken in increasing efficiency. In Islam there is a classification of costs before calculating production costs because not all funds that come out are calculated as production costs. The company can exercise control over activities that do not add value, which refers to cost control to be effective by applying Variable Coasting methods. Because it is seen from the method of calculation, the variable costing approach is more practical and easy to analyze. The results show that, using a calculation with a variable costing approach, the total production costs are lower than the calculation of real use, which is Rp. 55. 718,000 while using the real calculation, the results are greater, which is Rp. It can be seen that the calculation of the company's real production costs is higher than the calculation of production costs using the variable costing method. There is also the main difference between the real calculation of the company and the calculation of variable costing which is located in the treatment of factory overhead costs. The company's real calculations use fixed factory overhead and variable calculations while the variable costing method only calculates variable overhead costs.</em></p><p><strong><em>Keywords</em></strong><em> : Cost, Productions Cost, Variable Costing</em></p>

scholarly journals Analisis Perhitungan Dan Penentuan Harga Pokok Produksi Pada PT. Mutifa Medan

2019 ◽  
Vol 2 (1) ◽  
pp. 12
Author(s):  
John Fisher Gulo ◽  
Kamil Mustafa ◽  
Ninny Siregar
Keyword(s):  
Production Cost ◽  
Raw Materials ◽  
Descriptive Analysis ◽  
Production Costs ◽  
Total Production ◽  
Labor Costs ◽  
Average Production ◽  
Qualitative Descriptive ◽  
Cost Of Production ◽  
The Cost

<p>The cost of production is needed to determine the cost of production of a product. Costs incurred to produce the product must be clear, so that the determination of the cost of production would be appropriate. Imprecision in calculating the cost of production will be misleading in making management decisions. Data collection methods used in this study include: Documentation, Interview, Observation. This study analyzed using qualitative descriptive analysis comparing the theory with actual results of the company. PT MUTIFA in determining the cost of production using the full costing method. PT MUTIFA in determining the cost of production, all costs incurred are treated as production costs, both the cost of major raw materials, cost of auxiliary materials, packaging materials costs and production overhead. Classification of production costs in accordance with the theory that exists is composed of material costs, labor costs and production overhead costs. Total production cost per month of each element calculation the average monthly cost is Rp. 73.111.118,260,- and the average number of finished products Paracetamol tablet 500 mg tablet is as much 566,666.67 per month. Based on data on average production costs in 2009, then the production cost per tablet is .Rp. 129,019.</p>

scholarly journals Effect of postharvest on the economic viability of walnut production

2018 ◽  
Vol 24 (1-2) ◽  
Author(s):  
F. Apáti ◽  
E. Kovács ◽  
M. Kocsis
Keyword(s):  
Net Present Value ◽  
Production Costs ◽  
Selling Price ◽  
Total Production ◽  
Yield Level ◽  
Profitability Analysis ◽  
Production Value ◽  
Attainable Yield ◽  
The Cost ◽  
Postharvest Loss

In this study we were studying the question whether walnut production under domestic natural and economic circumstances shall be considered a profitable activity or not. Our partial objective is to determine, what level of natural inputs and production costs are required for walnut production, what yield level, selling price and production value can be attained, what level of profitability, rentability and efficiency may production have, is the establishment of a walnut orchard profitable on the entire lifespan of the plantation, and the production of which is more efficient: the dry shelled walnut production requiring postharvest activity or the raw, shelled walnut without postharvest activities. In this study, comparison of two systems is conducted. First version: producer establishes a walnut plantation and sells walnut raw and shelled. Second version: producer also invests into a drying facility, and in this case the end product is the dry, shelled walnut. If the producer sells walnut right after harvest in a raw bulk, total production costs in productive years reaches 974,011 HUF/ha. Attainable yield is 2.63 t/ha with 396.3 HUF/kg selling price, therefore the profit is 138,258 HUF/ha with 14.19% cost-related profitability. In the case when the producer sells dried, shelled walnut, production costs are 25% higher compared to that of raw walnut due to the cost of drying. By calculating with the postharvest loss, average yield is 1.84 t/ha, however, its selling price is way higher (882.84 HUF/kg), therefore the profit per hectare reaches 475,496 HUF with 39.01% cost-related profitability. Thus it can be stated that walnut production in an average year may be profitable even without postharvest, but efficiency is improved significantly when the producer sells the products dried. Investment profitability analysis revealed that production of raw, shelled walnut is not economically viable, since the plantation does not pay off on its entire lifespan (30 years), while walnut production with postharvest is efficient and rentable, since both net present value (NPV) and internal rate of return (IRR) showed more favourable values than in the previous case, and the orchard pays off in the 21th year after establishment.

scholarly journals ANALISIS PERHITUNGAN HARGA POKOK PRODUKSI DENGAN METODE FULL COSTING DALAM MENENTUKAN HARGA JUAL 1 | P a g e PADA PT. KRESNA EKA PRATAMA

2019 ◽  
Vol 14 (1) ◽  
Author(s):  
Tantri Amalia ◽  
N. A. Rumiasih ◽  
Muhamad Zakie Hanifan
Keyword(s):  
Descriptive Analysis ◽  
Production Costs ◽  
Selling Price ◽  
Total Production ◽  
Quantitative Descriptive Analysis ◽  
Heavy Equipment ◽  
Equipment Construction ◽  
Quantitative Descriptive ◽  
The Cost ◽  
A Company

<p>This study aims to determine: The purpose of this study was to find out how to <br />calculate the cost of goods in determining prices. The author conducted research at PT. Kresna Eka Pratama, a company engaged in heavy equipment construction. The research method used is descriptive qualitative and quantitative descriptive analysis. Methods for studying and analyzing the relationships and variable variables<br />examined by the author. In this study the author uses the Full Costing method as the basis for pricing at PT. Kresna Eka Pratama.</p><p>The results showed that the calculation of the cost of goods produced by<br />Full Costing was Rp. 8.873.507.700/unit, in accordance with the accounting school  can also provide profits desired by the company. This shows that the measurement of Full Costing production prices has a very important role in determining prices that<br />will affect the level of income and expected profits. With precise and accurate <br />calculations, determining the selling price will be very effective and reliable. In<br />determining this price is a profit of 10% of the total production costs after adding<br />non-production costs.</p>

scholarly journals Economic indicators of production of semi-hard and hard cheeses in small capacity dairies in Serbia

2020 ◽  
Vol 65 (3) ◽  
pp. 283-296
Author(s):  
Dragan Milic ◽  
Danica Glavas-Trbic ◽  
Mirela Tomas-Simin ◽  
Vladislav Zekic ◽  
Tihomir Novakovic ◽  
...  
Keyword(s):  
Dairy Products ◽  
Production Costs ◽  
Economic Indicators ◽  
Small Scale ◽  
Total Production ◽  
Labor Costs ◽  
Milk Processing ◽  
Processing Plants ◽  
The Cost ◽  
Small Capacity

Animal husbandry has a longstanding tradition in Serbia, and the production of milk and dairy products has a rich legacy. Cow?s milk is used in the manufacture of all kinds of dairy products. Annual global cheese production is about 20 million tons, with cattle milk cheeses produced in large-scale processing plants constituting about 80% of that production. In Serbia, leaders of milk production are small family dairy farms, which contribute 92% of total production, while dairies with large capacity dominate in milk processing. There are 211 milk processing plants of varying capacities in Serbia. The largest amounts of milk are processed by dairy plants 'Imlek' and 'Subotica', while 188 small-scale dairies process 20% of total milk. The subject of this paper is the analysis of the economic indicators of production of semi-hard and hard cheeses in small-capacity dairies in Serbia. To determine the level and structure of production costs of dairy products, the analytical calculation method of per unit processing costs has been used. The study has revealed that the cost price of semi-hard and hard cheeses in small-capacity dairies amounts to 3.33 ?/kg. With 90.83% in the structure of total costs of processing the milk into cheese, the cost of raw materials has the largest share, followed by labor costs with 6.54%. For small-capacity dairies to be able to compete with larger dairies, both in product quality and price, it is crucial to continuously monitor and minimize production costs.

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