scholarly journals A METHOD OF CALCULATION OF DIRECT AND INDIRECT SALES REVENUE GROWTH AT AGROINDUSTRIAL ENTERPRISES

2019 ◽  
pp. 87-98
Author(s):  
Dmitriy PARMACLI ◽  
Tetyana DERKACH ◽  
Lyudmila BAKHCHIVANZHI
Keyword(s):  
Indirect Effect ◽  
Industrial Complex ◽  
Fixed Costs ◽  
Marginal Revenue ◽  
Method Of Calculation ◽  
Industrial Enterprises ◽  
Cost Of Production ◽  
High Level ◽  
The Cost ◽  
Output Volume

Introduction. Calculation of economic efficiency for the purpose of increasing sales revenues at agroindustrial enterprises has its own specifics. Implementation of new organisational and economic initiatives leads not only to a direct economic impact, but likewise to a significant indirect effect as well. The analysis of scientific publications on this problem allowed to find out that the existing techniques of the analysis of influence of factors on financial results of activity of the enterprises of agro-industrial complex are characterized by the high level of adaptedness to conditions of practical economic activity and provide needs of financial managers at adoption of optimal management decisions. However the high level of production diversification of the enterprises of agro-industrial complex demands further improvement of the factorial analysis taking into account branch features of the enterprises of the agro-industrial sector. Purpose of the research is to elaborate and to demonstrate – based on specific examples – a method of calculation of direct and indirect effect of marginal sales revenues at agroindustrial enterprises. The important question is due to what factors is the increase in profits from product sales. Results. The specifics of calculations of economic efficiency of innovative developments at agroindustrial enterprises are provided. Furthermore, a method of calculating revenue per unit of production and in total across an enterprise, including those achieved due to output volume growth, a decrease in the cost of production and an increase in realised output prices, is presented. However, both in academic and practical production conditions the method of calculating the values and interrelations between a direct and an indirect effect are elaborated on insufficiently. It is quite obvious that the revenue per unit of output and total revenue realised across an enterprise tends to increase alongside an increase in the total sales volume respectively. However, hereby the following relationship is identified: marginal revenue due to a decrease in the cost of production typically exceeds marginal revenue due to an increase in sales revenues. This relationship is confirmed based on an example of an industrial enterprise. Therefore was executed research of interrelation of direct and concomitant effect growth of volume of realization for what were executed calculations of gain of profit both due to growth of the sum of realization, and due to decrease in prime cost (at the invariance of prices for products). Conclusions. The conducted research allowed to find out that the concomitant effect, that is profit mark-up due to decrease in product cost, exceeds a direct effect, received for the account of growth of volume of realization, is reached in case when coefficient of a ratio of concomitant effect to direct effect directly proportional the specific weight of constant expenses in structure of prime cost and inversely proportional coefficient of profitability of the sold products. The conducted research demonstrated that the efficiency of implementation of innovative developments at industrial enterprises which are directed towards an increase in sales volumes depend not only on marginal output volume, a decrease in the cost of production and an increase in sales prices, but also on an initial state of production expressed via a ratio of fixed costs to variable costs and a resulting level of production profitability accordingly. A higher economic effect if provided by an innovative development which – all else equal – is implemented on industrial enterprises which have a higher share of fixed costs in the total structure and a lower output profitability respectively.

scholarly journals Financial stability management as a determinant of competitive development of agrarian formations

2019 ◽  
pp. 13-18
Author(s):  
Nadiia HRYSHCHUK
Keyword(s):  
Financial Stability ◽  
Production Cost ◽  
New Technology ◽  
Fixed Costs ◽  
Qualitative Characteristic ◽  
Agricultural Enterprises ◽  
Cost Of Production ◽  
Labor Resources ◽  
The Cost

The article investigates financial stability as a qualitative characteristic of functioning of agricultural enterprises in modern conditions, the analysis of indicators of financial stability of the enterprise and determination of its type, as well as the effectiveness of forecasting the financial stability of agricultural enterprises. A number of measures is proposed, which is to reduce the cost of production (cost-saving strategy), which will allow agribusinesses to increase competitiveness in the market due to the introduction of new technology, technologies, more rational the use of both material and labor resources, reducing the proportion of fixed costs in the cost of production, in proportion to the increase in profits and competitive development of agricultural enterprises. The basic condition for ensuring the financial stability of the company is the formation of sufficient amounts of funds that enable them to fully fulfill their obligations to the budget, pay employees, creditors, suppliers.

scholarly journals Features of the functioning of the Ukrainian market for design work and the development of design in a pandemic.

2021 ◽  
Vol 2 (47) ◽  
pp. 11-24
Author(s):  
L.V. Shumak
Keyword(s):  
Construction Industry ◽  
Added Value ◽  
High Price ◽  
Highly Qualified ◽  
Design Work ◽  
Industrial Enterprises ◽  
Positioning Strategy ◽  
Economic Characteristic ◽  
High Level ◽  
The Cost

The market for design work in civil and industrial construction was one of the first to react to the crisis trends during a pandemic in the economy. Back in 2013, the volume of orders declined, and the peak of the decline was in 2014. The main reason for the difficulties is the reduction in investment programs of civil and industrial enterprises, and developers. The Ukrainian market for design works is distinguished by a high level of competition. A large number of design companies are actively working in this market niche. This fact constantly pushes market participants to take active steps to adjust the competitive strategy, positioning strategy and pricing. The primary signs of a crisis in design are also recognized through price indicators, which personify both the cost of the project or design services, and the results of the project enterprise, taking into account the factors that form the price level. In recent years, the price indicators of the construction industry have been unstable and completely dependent on external market conditions. Price as an economic characteristic is a significant regulator in the project market of Ukraine and abroad. The design market is the backbone of the construction industry with a volume of over UAH 1 billion per year and high added value. The field requires highly qualified staffing and the introduction of modern technologies. Outdated systems of training, certification of specialists and technical regulation hinder the development of the project market in Ukraine. The market is prone to underestimated cost of design work. In 2018, the share of design in the total cost of construction in Ukraine averaged 1.5-2%; in France it was 8-13%, and in Great Britain the level reached 10-17%. There is practically no system of state orders for design. Today our market is characterized by technological backwardness. The work of designers is low-paid, which, accordingly, affects the quality. High-quality architecture is more expensive than low-quality one. In Ukraine, the demand for quality design is just beginning to emerge. In this regard, it is very important to create a competitive environment that will contribute to development. The project market, like the construction industry as a whole, is extremely heterogeneous. Currently, there are thousands of various design bureaus and small workshops in Ukraine, employing no more than ten people, and the number of freelance designers cannot be statistically estimated. Prices for design, as well as the approaches used to provide services, differ dramatically in these organizations. A high price for a service does not necessarily guarantee that the quality of its delivery will be the same. Therefore, first of all, one should imagine what kind of work will be performed and what their essence is. Many investors prefer to design their facilities using the services of European specialists. What are the features and secrets of the Ukrainian project market? Are there really so few good designers in their country, and by what parameters can they still be found? The article examines the features of the functioning of the Ukrainian market for design work and the development of design in a pandemic.

scholarly journals Ефективність використання мінеральних добрив і стимуляторів росту на посівах пивоварного ячменю

2013 ◽  
pp. 162-165
Author(s):  
В. С. Шкурко
Keyword(s):  
Sugar Beet ◽  
Economic Indicators ◽  
Mineral Fertilizers ◽  
Net Income ◽  
Malting Barley ◽  
Cost Of Production ◽  
Complete Fertilizer ◽  
High Level ◽  
Effective Use ◽  
The Cost

Аналіз економічних показників досліду, в якому ви-вчалася дія попередників і добрив показав, що найви-щий рівень рентабельності зафіксовано у варіантах досліду, які розміщувалися після цукрових буряків і на яких застосовувався «Нутрівант Плюс пивоварний ячмінь» (71,8 %). У частині досліду, де попередником була кукурудза на зерно, найкращий ефект також було досягнуто на варіантах, на яких застосовувало-ся це комплексне добриво. Застосування «Нутріван-ту Плюс пивоварний ячмінь» також дозволяє істот-но зменшити собівартість продукції порівняно з ко-нтрольним варіантом без добрив та варіантами із застосуванням N30P30K30. Найефективнішим викори-стання стимуляторів росту було переважно у варіа-нтах, де рослини удобрювалися «Нутрівантом». Найкращі результати досягнуто в разі використання «Nano Gro» та «Вітазиму». Застосування стимуля-торів росту дає змогу збільшити показники рента-бельності та чистого доходу майже в два рази, про-те дія препаратів суттєво коригується вибраною системою удобрення посівів. На посівах ячменю, які удобрюються мінеральними добривами, потрібно застосовувати препарати «Вітазим» і «Nano Gro». Analysis of economic indicators of the experiment in which the effect of precursors and fertilizers were studied, showed that a high level of profitability was recorded in the experiments, which were placed after sugar beet and on which «Nutrivant Plus malting barley» (71.8%) was used. In the part of the experiment, where the predecessor was the maize on grain, the best effect has also been achieved on the variants on which a complete fertilizer was applied. Application of «Nutrivant Plus malting barley» can significantly reduce the cost of production compared to the control without fertilizer and options using N30P30K30. Effective use of growth stimulators was mainly in cases where the plants were fertilized with «Nutrivant». The best results were achieved by using drugs «Nano Gro» and «Vitazim». Application of growth stimulators can increase performance of profitability and net income almost twice, but the action of drugs is largely corrected by the selected system of fertilizing crops. On crops of barley, which are fertilized with mineral fertilizers, it is advisable to use drugs «Vitazim» and «Nano Gro».

scholarly journals Aluminum Slag Separation Process Analysis Through a Vibratory Machine in the Foundry Process

2021 ◽  
Vol 9 (5) ◽  
pp. 104-120
Author(s):  
Valcimar de Souza Oliveira ◽  
Denise Andrade do Nascimento ◽  
Luís Smith de Oliveira Castro ◽  
Thales Ruano Barros de Souza ◽  
Luan da Silva Serrão
Keyword(s):  
Molten Aluminum ◽  
Process Analysis ◽  
Melting Process ◽  
Ambient Air ◽  
Industrial Complex ◽  
Development Methodology ◽  
Aluminum Smelting ◽  
Metal Aluminum ◽  
High Level ◽  
The Cost

A The aluminum smelting industry has some challenges, due to the characteristics of the alloy that cause reactions that should be controlled. During the foundry process, the alloy is oxidized by contact of the molten aluminum with the ambient air. Oxide films forming on the surface of the molten metal must be removed during the cleaning of the furnaces in order to avoid contamination of the alloy to be used in the production of parts. Analyzing the melting process of a metallurgy at the industrial complex in Manaus, we saw that during the cleaning of the furnaces a metal tool is used to remove the slag, which brings with it a high level of aluminum brought about by the mechanical drag of the tool. As the company in question does not have resources to recover the metal aluminum contained in the slag, it is destined for the other institution which carried out the processing through the process of refusion of the slag and extraction of aluminum. The high level of losses in the process due to the discarding of slag generates considerable financial damage to the institution, reflected directly in the cost of manufacturing the products. In this way, the aim of the present work was to develop equipment for the extraction of the metal aluminum contained in the slag and consequently to reduce the losses in the process. The design of the equipment was chosen through a product development methodology, which made it possible to define the design specification, which can count on a container for the receipt and separation of the slag by means of the vibration brought on by motorvibrators installed at its ends, followed by a slingshot drawer responsible for the storage of the metal after the solidification and support/translate cars of the containers.

scholarly journals Growth of Food Security of the Southern Federal District

2020 ◽  
pp. 148-157
Author(s):  
Matvey Oborin
Keyword(s):  
Food Security ◽  
Detailed Analysis ◽  
Agricultural Production ◽  
Innovation Process ◽  
Federal District ◽  
Sustainable Growth ◽  
Government Support ◽  
Industrial Complex ◽  
Industrial Enterprises ◽  
High Level

The purpose of this article is to identify the ways to improve food security in the Southern Federal District. Food security of the country is provided by regions that have a high potential for sustainable growth in quantitative and qualitative indicators of agricultural production, formation of sustainable forms of regional and interstate strategic cooperation on a mutually beneficial basis. The scientific and theoretical foundations of food security in papers of domestic and foreign scientists are analyzed, and the features of strategic directions for the achievement of self-sufficiency in basic food products are determined. The difference in approaches and specific features of the social and economic development of Russia and the natural and climatic potential that influences the formation of agricultural specialization are determined. The study uses general logical research methods, the systematic and situational approach, the analysis of agricultural statistics of the Southern Federal District. The article provides a detailed analysis of indicators of agricultural production in the regions of the Southern Federal District, identifies trends and directions of the development of the crop and livestock industries. The article provides a detailed analysis of the indicators of agricultural production in the regions of the Southern Federal District, identifies trends and directions in the development of the crop and livestock industries. The features of the leading districts that should become the basis of the agricultural strategy in the long term period are revealed. A system of measures that contribute to the improvement of food security in the Southern Federal District has been identified and the methods for their solution have been suggested. The main measure is government support, subsidizing and stimulation of the innovation process. The re-equipment of specialized industrial enterprises should be carried out at a high pace in the conditions of agri-food clusters and network interaction. The analysis of agricultural indicators of the district allows us to draw conclusions about the sufficient level of food security in several regions of the Southern Federal District which have high indicators of quantitative production and ensure a high level of consumption within the region, as well as allow increasing the export of certain product categories. Further development of scientific research in this area should be associated with the formation of areas for project financing of the agro-industrial complex and agriculture in the field of technological modernization, personnel policy, the acquisition of new management and production competencies, and the strengthening of the scientific potential of the crop and livestock industries.

scholarly journals TRANSFORMATION OF THE DEVELOPMENT OF THE INDUSTRIAL COMPLEX IN THE DIGITAL ECONOMY

2021 ◽  
pp. 71-79
Author(s):  
Yu. S. Polozhentseva ◽  
M. G. Klevtsova
Keyword(s):  
Industrial Development ◽  
Industrial Revolution ◽  
Industrial Sector ◽  
High Tech ◽  
Industrial Complex ◽  
Industrial Enterprises ◽  
Russian Economy ◽  
Current State ◽  
Technological Modernization ◽  
High Level

In the modern conditions of economic development, the development of the industrial complex is being transformed with emphasis on digital technologies and high-tech production. The article considers new principles of the implementation of the state’s economic policy taking into account the challenges of the fourth industrial revolution, as well as the results of the analysis of the main indicators of industrial development, both in the world and in Russia in particular, including the assessment of the current state of innovation and technological activity of the industrial sector of the Russian economy. At the same time the authors pay special attention to the analysis of modern trends in the development of industry in countries with both a high level of high-tech production and a low level. The paper analyses the prospects of Russian industry development to justify the need for technological breakthrough strategies and technological modernization of industrial enterprises. 

Improving the process of allocating indirect costs to the cost of production (works, services) of industrial enterprises

2021 ◽  
pp. 179-184
Author(s):  
И.Е. Мизиковский
Keyword(s):  
Decision Making ◽  
Indirect Costs ◽  
Production Costs ◽  
Management Decision ◽  
Activity Based Costing ◽  
Information Base ◽  
Industrial Enterprises ◽  
Management Decision Making ◽  
Cost Of Production ◽  
The Cost

Статья посвящена вопросам совершенствования распределения косвенных затрат на производство на себестоимость продукции (работ, услуг) промышленных предприятий, повышения точности показателей, инкорпорируемых в информационное пространство принятия управленческих решений. Разделение косвенных затрат на основные затраты (расходы на содержание и эксплуатацию оборудования) и накладные (административно-управленческие расходы), выбор соответствующих им драйверов, позволяют в значительной степени повысить точность калькуляционных результатов и эффективность экономических расчетов в целом. Целью исследования явилась разработка методики, позволяющей оптимизировать процесс калькулирования себестоимости продукции промышленного предприятия, обеспечить формирование результативной информационной базы выработки управленческих воздействий со стороны лиц, принимающих управленческие решения. Исследование проводилось с применением функционально-процессного и системного подходов к изучению традиционных бухгалтерских (управленческих) практик распределения косвенных затрат. Исследованы традиционный и предлагаемый способы распределения косвенных расходов, проведено сопоставление их результатов, сделаны выводы о перспективах внедрения элементов метода «Activity-based costing (ABC)» на исследуемых предприятиях. The article is devoted to the issues of improving the distribution of indirect production costs to the cost of production (labor, services) of industrial enterprises, improving the accuracy of indicators incorporated in the information space of management decision-making. The division of indirect costs into basic costs (maintenance and operation of equipment) and overhead costs (administrative and management costs), the choice of appropriate drivers, can significantly improve the accuracy of calculation results and the efficiency of economic calculations in general. The purpose of the study was to develop a methodology that allows optimizing the process of calculating the cost of production of an industrial enterprise, to ensure the formation of an effective information base for the development of management actions on the part of management decision makers. The study was carried out using functional-process and system approaches to the study of traditional accounting (management) practices for the distribution of indirect expenses. The traditional and proposed methods of distributing indirect costs are studied, their results are compared, and conclusions are drawn about the prospects for implementing elements of the «Activity-based costing (ABC)» method at the enterprises under study. Cost of production, industrial enterprises, calculation, activity-based costing, indirect costs, value stream, information base of management decision-making

scholarly journals ANALISIS PERHITUNGAN HARGA POKOK PRODUKSI MENGGUNAKAN METODE VARIABLE COSTING PADA PT. CELEBES MINAPRATAMA BITUNG

2013 ◽  
Vol 8 (4) ◽  
Author(s):  
Dewi Sartika Kiay ◽  
Jenny Morasa ◽  
Winston Pontoh
Keyword(s):  
Analytical Calculation ◽  
Production Costs ◽  
Selling Price ◽  
Labor Costs ◽  
Method Of Calculation ◽  
Full Cost ◽  
Cost Of Production ◽  
The Cost ◽  
Cost Report

Cost of Production is a collection of the costs incurred to process raw materials into finished materials. This study aims to determine the analytical calculation of the cost of production of fish processing wood at PT. Celebes Minapratam Bitung. This company is a manufacturing company was not immune from the problem and the calculation of production costs in determining the cost of production companies using the full cost method of separating elements where production costs are variable and fixed yet done. This has led to inaccuracies in the calculation of the cost of the product will affect the determination of the selling price and profit. The data analysis penlelitian ie, production processes, material cost report, report labor costs, overhead cost report. The results of determining the cost of production using the method in which the cost is calculated based on the full cost method is better according to the method of calculation used variable costing. This results in differences that affect the determination of the selling price. For that the company should separate the production costs resulting in proper production costs.

scholarly journals Analysis And Optimization Of Product Costs And Expenses In Enterprises

2021 ◽  
Vol 03 (01) ◽  
pp. 11-19
Author(s):  
Nodirjon Yakubdjanovich Artikov ◽  
◽  
Shavkat Jabborberganovich Kurbanbayev ◽  
Keyword(s):  
Financial Statements ◽  
Industrial Enterprise ◽  
Manufacturing Companies ◽  
Industrial Enterprises ◽  
Current State ◽  
The Subject ◽  
Cost Of Production ◽  
The Cost ◽  
Product Costs

This article discusses the analysis and optimization of product costs and expenses in enterprises. Manufacturing companies and their financial statements is the subject of this article. The subject of this article is to determine the cost of production in this industrial enterprise, its current state and ways to further reduce it. And this article also aims to identify ways to reduce the cost of production in industrial enterprises in the context of modernization of the economy and to develop scientific conclusions and recommendations.

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