Advice 1: How to make a costing for the product

An integral part of the financial-economic activity of any enterprise is the compilation of the costing for the products. It has monetary value and can be determined for a unit of production, and for groups of products or on certain categories of industries
How to make a costing for the product
You will need
  • - model forms of financial statements,
  • - office equipment,
  • - office supplies.
Instruction
1
To make the calculation on the product in several ways that involve calculating production costs, the cost of manufactured goods and the volume of work in progress. There are four costing methods: standard, simple (process cost), poperedniy and order.
2
For mass, batch and mass production, it is appropriate to use the statutory method of calculation. Its use should be accompanied by the obligatory drawing up the regulatory costing rules that apply at the beginning of the calendar month. It is also important to track any deviations from accepted norms in the initial stage of their occurrence. You must keep a record of any changes of existing rules, as well as timely reflect the changes in regulatory cost estimates.
3
In the preparation of the cost estimate for the product a similar method, it is important to know what the applicable rules are those which at the moment is on vacation and the shipment of products to the production of, and payment of workers for the performed work.
4
Due to the fact that significant differences between "redistribution" and "process" no, poperedniy method is often described as a simple method of calculation on the product.
This method is used in enterprises where the raw material goes through several stages, or by the same manufacturing process to produce various types of finished products.
5
Be aware that this method has two ways of calculation – semi and resolubility. In the first case, the cost of each of the redistribution includes the cost of the previous one, in the second case calculates the cost of each redistribution separately.
6
To make the calculation on the product to companies operating on an ad hoc basis, it is advisable with the help of other methods.
Since the term order refers to one or a small number of products, to account for each series issued card of analytical accounting code order and all the production costs and the costs aggregated in their strict compliance with the executed orders. The use of this method appropriate in the case where it is required to know the individual cost of manufactured products.

Advice 2: How to calculate costing of services

If you decide to do business, for example, to open a Barber shop or computer shop you will need to make the costing of services. Well-written estimate will help you not only to set the right prices, but also the right to execute all documents.
How to calculate costing of services
You will need
  • - the price of consumables;
  • - the amount of payments to staff.
Instruction
1
First calculate the cost of materials. This is the most obvious, but it is actually not a simple item of expenditure. Keep in mind not only direct costs – the paint for hair (for the hairdresser), cleaning supplies (for domestic services), printing paper (photo Studio), gasoline (for transportation), etc., but also indirect, for example, removable filters for washing machines or the cartridge for printer, repair and maintenance of the car.
2
If you bought equipment for work such as computers, printers, hair clippers, vacuum cleaners, vehicle, then calculate depreciation. To do this, think about or find out exactly (in accounting statements) the life of the product and divide the price by the time in which the technique is justified. You can calculate depreciation in other ways, depending on the characteristics of your work.
3
Calculate the total and additional wages, including bonuses, deductions and other deductions, including deductions for social insurance and accident insurance.
4
Add up all the resulting amount – the cost of materials, depreciation, wages and deductions for social. insurance and take from this amount 20%. It will be your overhead costs.
5
From this amount, calculate 50% and take the sum for General expenses. Find out the total cost of adding all the amount received.
6
Add to the cost another 50% to get the planned savings. In General, you have come to the wholesale price. Increase it by another 50% and you will get the retail price. Also, don't forget about the VAT.
7
Keep in mind that all expenses you expect for a certain number of services provided over a period of time. To obtain the price of the service provided at a time, divide the total amount by the estimated quantity of such services over the estimated period of time.
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