Determining the volume of manufactured and sold products is one of the main tasks that every economist should be able to solve. After all, this indicator, calculated in dynamics, allows us to draw a conclusion about the pace of economic and industrial development of the enterprise.
Instructions
Step 1
Remember that the volume of production can be measured in different ways. They are natural, conditionally natural and value. Natural indicators include pieces, tons, cubic meters, liters, etc. Conditionally-natural indicators are used to summarize the volume of various types of homogeneous products. For example, extraction of fuel in terms of conventional fuel, production of materials in terms of conventional bricks, etc.
Step 2
In order to find the total volume of products produced, use cost indicators. The most important of them are commercial output and gross output. Commercial products - products manufactured for sale outside the enterprise. This indicator is calculated on the basis of gross production by subtracting from it the cost of work in progress and semi-finished products. Gross output is the cost of all finished products and semi-finished products made for a certain period from the customer's own materials and materials, minus finished products and semi-finished products consumed in the production process.
Step 3
In a simplified form, you can determine the volume of products manufactured in value terms by multiplying the amount of manufactured products in physical terms by the number of product units and the selling price. If the products are not homogeneous, then the calculation will be a little more difficult. To do this, find the volume of each batch of products in monetary terms and add the resulting volumes.
Step 4
If you need to compare the volume of production for different periods of time, you will have to bring them to a comparable form, i.e. calculate at comparable prices. They can be found through the inflation rate (consumer price index). To do this, multiply the quantity of products produced by the price index of a certain year.
