What include material costs. Cost of production. Price. Profit and profitability. Material costs in accounting
MATERIAL COSTS - an element of the cost of production (work, services), which reflects the cost of: purchased from raw materials that are part of the manufactured products or which are a necessary component in the manufacture of products (work, services); purchased materials used in the production process of products (works, services) to ensure a normal technological process and for packaging products or spent on other industrial and household needs (testing, maintenance, repair and maintenance of equipment, buildings, structures, other fixed assets, etc. .), including spare parts for equipment repair, wear of tools, fixtures, inventory, instruments, laboratory equipment and other means of labor that are not attributable to fixed assets, wear of work clothing and other low-value items; purchased components and semi-finished products that are subjected to further installation or additional processing at this enterprise; works and services of a production nature performed by third-party enterprises or by enterprises and enterprises not related to the main activity. The works and services of a production nature include: the implementation of certain operations for the manufacture of products, processing of raw materials; conducting tests to determine the quality of consumed raw materials and materials, monitoring compliance with established technological processes, repair of fixed assets; the use of natural raw materials (for the reproduction of the mineral resource base, for land reclamation, payment for land reclamation work carried out by specialized enterprises, payment for standing timber taken by industrial enterprises from water management systems); purchased from all types of fuel consumed for technological purposes, generation of all types of energy (electric, thermal, compressed air, cold and other types), building heating, production maintenance vehicles, performed by the enterprise’s transport (third-party freight transport organizations within the enterprise (transportation of raw materials, tools, parts, blanks), other types of cargo from the base (central) warehouse to the workshops (departments) and delivery of finished products to storage warehouses, to the station (port, wharf) of departure, including those related to services production nature); purchased energy of all types (electric, thermal, compressed air, cold and other types) spent on technological, energy, motor and other production and household needs of the enterprise. Costs of electric and other types of energy generated by the enterprise itself, incl. for the transformation and transfer of purchased energy to places of its consumption are included in the relevant elements of costs, losses from shortages of received material resources within the limits of natural loss. The cost of material resources, reflected by the "Material" element, is formed on the basis of their purchase prices (excluding value added tax), mark-ups (allowances), commission fees paid to supply and foreign economic organizations, the cost of commodity exchange services, including brokerage services, customs duties , transportation fees, and incomes made by third parties. The costs associated with the delivery (including loading and unloading) of material resources by transport and personnel of the enterprise are to be included in the relevant elements of production costs (depreciation of fixed assets, material costs, etc.). Included in the cost of material resources the costs of enterprises for the purchase of containers and packaging received from suppliers of material resources, less the cost of this container.
Economics and law: dictionary. - M.: University and school. L.P. Kurakov, V.L. Kurakov, A.L. Kurakov. 2004 .
See what is "MATERIAL COSTS" in other dictionaries:
Economic dictionary
The value of material costs of production, appear in the form of depreciation and the value of objects of labor ... Big Encyclopedic Dictionary
Material costs - - the value of material costs of production, acting in the form of depreciation and the value of objects of labor. [Big Encyclopedic Dictionary] Rubric of the term: Economics Columns of the encyclopedia: Abrasive equipment, Abrasives ... Encyclopedia of terms, definitions and explanations of building materials
Material costs - 20. Material costs represent the value of the consumed material resources in the process of production of products (works, services). According to their purpose and use in the production process, material resources are grouped by type ... ... Glossary of terms of normative and technical documentation
material costs - part of production costs, costs of manufacturing products, goods, services, which includes the costs of raw materials, basic and auxiliary materials, fuel, energy and other costs that are equivalent to material. Material costs ... ... Dictionary of Economic Terms
The amount of material costs of production; act in the form of depreciation and the value of objects of labor. * * * MATERIAL COSTS MATERIAL COSTS, the magnitude of the material costs of production, appear in the form of depreciation ... ... encyclopedic Dictionary
MATERIAL COSTS - (English direct materials costs) - the cost expression of the cost of material resources for the production and sale of products, determined in the calculation of its cost. The composition of M.z. includes: the cost of raw materials and materials, purchased components ... ... Finance and Credit Encyclopedic Dictionary
Material costs - the value created by past labor and transferred to the cost of a new product ... A Brief Dictionary of Key Forestry and Economic Terms
MATERIAL COSTS - - a set of articles or cost elements involved in the formation of the unit cost of production or estimates of production costs ... Brief Dictionary of the Economist
drilling material costs - The costs of the acquisition and repair of equipment and tools that can be used in the future after drilling and completion of the well. Typically, such costs make up about 30% of the cost of drilling a well)
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