Instruction

1

Remember that the volume of production

**of products**can be measured by various indicators. They are natural, semi-natural and money. Natural indicators are pieces, tons, cubic meters, liters, etc. Conditional-natural indicators are used to summarize the amount of various types of homogeneous**products**. For example, the fuel extraction in recalculation on conditional fuel, the production of materials in the enumeration of the conditional brick, etc.2

To find the total volume

**of production**, use values. The most important of them are commercial products and gross output. Commodity products – products produced for sale outside the enterprise. This index is calculated based on gross**production**by deducting from it the cost of work in progress and semi-finished products. Gross output is the value of all the finished goods and semi-finished products made for a certain period of own materials and materials provided by the customer, minus the finished products and semi-finished products consumed in the production process.3

In simplified form, determine the volume of produced

**products**in terms of value you can by multiplying the number of manufactured**products**in physical terms by the number of units**of production**and price realization. If products are heterogeneous, then the calculation is a bit trickier. To do this, find the volume of each batch**of products**in monetary terms and add the resulting volumes.4

If you need to compare the amount

**of release****of goods**for different intervals of time, you have to bring them to a comparable, i.e. to calculate comparable prices. You can find them through the level of inflation (consumer price index). To do this, multiply the number of produced**products**to the price index of a certain year.