Cost is the most important economic indicator of the effectiveness of product production
is an indicator. Then all areas of economic activity, all production resources
sums up. The financial indicators of the company’s activity depend on the cost.
Cost analysis is of great importance in the cost management system.
A number of indicators that form the cost depending on the type of production
determines. Cost unit indicator of product production is production costs
dynamics. Product profitability indicator with cost reduction
The cost includes temporary and permanent costs. Temporary
cost indicators change with the increase or decrease in the volume of the produced product.
Temporary costs include material costs of the product, as well as employee salaries.
Enterprises sometimes make mistakes when calculating the cost of the product.
Businesses will face bankruptcy if they realize this too late.
To avoid such situations, it is enough for you to participate in our trainings.