The calculation of monetary costs per unit or group of units of production is called a cost estimate, which is presented in a table. Costing allows you to determine the real or planned cost of the product, and is also the basis for identifying the costs of products. Expenses are grouped into homogeneous groups that characterize certain production processes.
Instructions
Step 1
Determine for yourself the type of costing you need when calculating. When calculating the standard cost estimate, distribute the costs of production and each unit of production in the planned period. For a period of time, you can take a year, a quarter or a month. When calculating the planned calculation, take into account the norms of equipment productivity, labor costs, energy, fuel - everything that is assumed when introducing innovations into production. Consider the calculation of the standard cost estimate when determining the cost of production in the future.
Step 2
Calculate the standard calculation, as well as the planned one, in advance, before the start of the manufacture of products, the provision of services. Take into account the current standards of work here, without introducing new technological developments. Note that the standard calculation should be recalculated over time (month, quarter or year) - this depends on the frequency of implementation of organizational and technical changes that have occurred as a result of reducing the costs of manufactured products.
Step 3
If you need to calculate the cost estimate for the reporting period, in order to compare the results obtained with the plan, use the reporting cost estimate. Calculate the total of actually spent funds and the volume of products manufactured, services rendered. Determine the actual cost of the finished product, compare it with the planned one, identify savings or cost overruns.
