CALCULATION OF ENTERPRISE COSTS BY MEANS OF THE PHASE CALCULATION METHOD
CALCULATION OF ENTERPRISE COSTS BY MEANS OF THE PHASE CALCULATION METHOD

Summary/Abstract: Production cost calculation involves complex issues having as starting point the acquisition cost of raw materials and consumables, as well as their processing cost. This article is based on the fact that the object of calculation is made up of the products and phases that they go through in the manufacturing process. Production costs are recorded in accounts opened monthly for each phase, so that at the end of the reporting period, by totalling all costs, in the last stage of production we obtain the actual unit cost of the end product. Depending on the specificity of the technological process, the production process is divided into calculation phases. This separation on manufacturing phases enables the establishment of the production performance phases and enables the intervention, both economically and technically, within the manufacturing cycle for a detailed analysis. The phase cost calculation method is used within entities with mass production or with large series, where the technological process has a relatively homogeneous character, and the end product is obtained from the processing of raw materials in successive phases.

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