Directions of control of the cost of finished products

The cost of production reflects all aspects of the production and financial and economic activities of the organization. The calculation of this indicator is necessary for: assessing the implementation of the plan for this indicator and its dynamics; determining the profitability of production and certain types of products (works, services); implementation of in-house self-accounting; identifying reserves for reducing the cost of production; calculating national income nationwide; calculating the economic efficiency of the introduction of new equipment, technology, organizational and technical measures; substantiation of decisions on the production of new types of products and the decommissioning of obsolete ones.