Open AccessEffects of Production Costs and Operating Costs on Profit of PT Semen Baturaja (Persero) Tbk
Author(s) -
Fasya Nadiah,
RM. Rum Hendarmin,
Vhika Meiriasari
Publication year - 2022
Publication title -
international journal of community service and engagement
Language(s) - English
Resource type - Journals
ISSN - 2746-4032
DOI - 10.47747/ijcse.v3i1.651
Subject(s) - profit (economics) , earnings before interest and taxes , variable cost , business , agricultural science , income statement , production (economics) , fixed cost , operations management , economics , finance , accounting , microeconomics , balance sheet , environmental science
The objectives of this research are to determine the effect of production costs and operating costs on company profits at PT. Semen Baturaja (Persero) Tbk. The data investigated is an annual income statement for the period 2012 - 2019. The data is then analyzed using multiple linear regression. Further statistical tests revealed the variable production costs do not have a positive effect on company profits, but on the other hand, business costs have a positive effect on company profits. Furthermore, the coefficient of determination (R2) obtained a value of 0.890. This means that the variable production costs and business costs can explain the company's profit by 89% the rest is influenced by other variables not included in this study.