The cost estimate of the enterprise is determined to calculate the actual or planned cost of production in order to further calculate the correct product valuation and average production costs. As a rule, the planning and economic department of the company is engaged in the preparation of the cost estimate based on the accounting data.
Instructions
Step 1
Make a list of enterprise costing items that are consistent with industry guidelines for accounting, planning, and cost analysis of the company's products. This list may include: raw materials and materials, purchased products, third-party services, return costs, fuel and energy consumed, workers' wages, deductions to the budget, production preparation costs, production maintenance costs, losses in case of marriage, commercial costs and other production costs of the enterprise.
Step 2
Calculate the cost of production and account for the cost of production at the full cost of the product. Assign direct costs to the cost of individual types of products, and at the end of the reporting period, distribute indirect costs between these types of products in accordance with the production base. Thus, the total cost of production will be calculated.
Step 3
Determine the planned cost estimate for the production of one unit of product. This value determines the costs of the company for the planning period, is used to calculate the price for manufactured products and remains unchanged for the entire calculation period.
Step 4
Draw up a standard cost estimate if the original data changes. This indicator is used to analyze and control production processes, calculate the actual cost of production and determine deviations from the plan.
Step 5
Reflect on accounting data the actual costing of manufactured products. It reflects the costs and losses of the company, which were not taken into account in the preliminary cost estimate. The compilation of this characteristic allows you to correctly plan and analyze the financial and economic activities of the organization.
