Open AccessProduct Cost Calculation Methods in Construction
Author(s) -
А.В. Дмитренко,
Galyna Lebedyk,
Mykola Nesterenko
Publication year - 2018
Publication title -
international journal of engineering and technology
Language(s) - English
Resource type - Journals
ISSN - 2227-524X
DOI - 10.14419/ijet.v7i3.2.14367
Subject(s) - normative , cost accounting , product (mathematics) , implicit cost , accounting method , order (exchange) , cost estimate , control (management) , production cost , economics , total absorption costing , relevant cost , historical cost , cost–volume–profit analysis , throughput accounting , accounting , microeconomics , total cost , accounting information system , finance , mathematics , financial accounting , engineering , mechanical engineering , philosophy , geometry , management , epistemology
The order of accounting and features of the methodology of cost expenditures at the concrete enterprises of the field was studied and it has been found out the fact that in the practical activity of the enterprise, they tend to apply the normative method of cost expenditures accounting. It has been conducted a detailed research of enterprises which use the normative method of cost expenditure accounting, and the calculation of the planned cost price. In addition, given advantages of the normative method of cost expenditure accounting have two functions: it provides the operational control over the production cost expenditures by accounting for cost expenditures under current norms and their changes and provides accurate calculation of the cost price of construction products.