Year: 2024
Type: article
Abstract: Analysis of the Cost of Goods Production (Case Study of UMKM Millie Chips), supervisors Andi Marlinah and Nur Rachma This research aims to (a) determine the calculation of the cost of production at Millie Chips MSMEs. (b) to determine the net profit obtained from sales using a predetermined method. This research collects data personally by researchers by going directly into the field and trying to collect the necessary information and data. The type of research is qualitative. This research evaluates two calculation methods, namely the full costing method and the variable costing method, as well as the comparison between the two in determining product selling prices. Based on the research results, it shows that there are significant differences in calculating the cost of production and net profit between the full costing and variable costing methods. By using the full costing method, MSMEs can determine a more competitive selling price, while the variable costing method provides a clearer picture of the contribution of each variable cost to profits.
Institution: Institut Teknologi dan Bisnis Nobel Indonesia
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4405557733