Gross production refers to the general indicators of the results of economic activity of the organization. It characterizes the volume of production of the enterprise in monetary terms. The cost of gross output is calculated as follows.
You will need
The data of the financial statements for the period under review (balance sheet, income statement).
Instruction manual
1
Determine the cost of products manufactured by all departments of the enterprise for the analyzed period (gross output). To calculate, use the data of financial statements. Find the cost of manufactured and sold products for the period on line 020 "Cost of production" of the Profit and Loss Statement.
2
Find according to the financial statements the value of the balances of work in progress at the beginning and end of the analyzed period. In the balance sheet these figures are put down in lines 130 "Work in progress" and 213 "Work in progress". Determine on the line 214 of the balance sheet "Finished goods and goods for resale" the value of the balances of finished goods at the beginning and end of the reporting period.
3
Calculate the gross turnover of products produced by all units for the period (IN). To the sum of the balances of finished goods and work in progress at the end of the period, add the value of sales and subtract the sum of balances of finished goods and work in progress at the beginning of the period. The calculation algorithm follows from the formula for calculating the balance of active accounts at the end of the period: Balance at the beginning + Return for the period - Expense for the period = Balance at the end of the period.
4
Determine from the accounting data the value of products produced by the enterprise units for their own needs (AC). View incoming documents or acts of work from auxiliary sites for the reporting period. For its own needs, an enterprise, for example, can produce containers or perform work on the overhaul and maintenance of buildings.
5
Calculate the value of the gross output of the enterprise for the period according to the formula: VP = VO - VS, where VP is the estimated value of the gross output, VO is the gross turnover of all the enterprise’s products for the reporting period, and VS is the cost of the products produced by the enterprise for its own needs. Calculate this figure for the same period last year. Conduct a comparative analysis, draw conclusions about the trends in the volume of production of the enterprise.
- The course of socio-economic statistics.
- gross output calculation
- It is known that the gross output of the enterprise is equal to
