How to calculate the cost of production

The cost of production or sales is one of the most important indicators for the analysis of the efficiency of production activities of both the enterprise as a whole and its individual structural units. So, we will tell the readers of the world Councils, what is the cost and how it is possible to calculate.
Cost in the classical sense is the amount of costs incurred by the enterprise for the production (production) and sale (cost of sales) of its products. The amount of costs for the production and sale of goods is called the total cost. The cost price is calculated both for the entire output and for the production of a specific unit of goods. Continue reading →