Cost Calculation of Milk Processing in Production Enterprises

Abstract

Money spent by the enterprise for the purpose of product production, for the purchase of economic resources. The company begins its activity by purchasing material resources from the market, i.e. equipment, machines, means of transport and communication, raw materials, fuel, various materials, labor force from the labor market. Accordingly, Production costs include raw materials, main and auxiliary materials, fuel and energy costs, fixed capital depreciation, wages and social security contributions, interest payments and other costs. The monetary expression of all costs incurred for production costs constitutes the cost of the product.