Instruction

1

Most often, the expression "volume

**of production**" means the amount produced or sold by an enterprise**of products**over a certain period of time. It can be expressed in quantitative and monetary terms. To find the volume**of production**in monetary terms, multiply the quantity by price per unit. The calculation becomes somewhat more complicated if the products are not homogeneous, and price, respectively, varies depending on the party. In this case find individually the volume of each batch and total the results.2

Quite often the need to calculate the amount

**of products**in so-called comparable prices. Comparable prices are the prices of a particular year or on any particular date. They can be clearly known and recorded or found through the appropriate coefficients, for example, through inflation. In the case when you want to find the volume**of production**in comparable prices, to multiply the number of produced**products**at prices of a certain year, or to adjust the volume**of production**in current prices for the required ratio.3

Also common situation when you need to find the volume

**of products**sold within a certain period, e.g., quarter, six months or year. However, as a rule, known for the remains**of goods**at the beginning and end of the period. To find the volume**of the product**within a certain period of time, to the volume of**product**produced during a given period, e.g., year, add existing remnants**of products**at the beginning of the year and subtract the remnants**of products**held in storage at the end of the year.