IMPACT OF PRODUCTION COSTS ON THE FINANCIAL RESULTS OF AGRICULTURAL ENTERPRISES

DOI 10.32651/209-29

Issue № 9, 2020, article № 5, pages 29-36

Section: Problems of efficient management

Language: Russian

Original language title: ВЛИЯНИЕ СЕБЕСТОИМОСТИ ПРОДУКЦИИ НА ФИНАНСОВЫЕ РЕЗУЛЬТАТЫ АГРАРНЫХ ПРЕДПРИЯТИЙ

Keywords: PROFIT, REVENUE, COST PRICE, PRODUCTION VOLUME, COSTS, EFFICIENCY OF PRODUCTION, CROP PRODUCTION, ANIMAL HUSBANDRY, COLLECTIVE FARMS, AGRO-INDUSTRIAL COMPLEX

Abstract: Meeting the growing food needs of the population is one of the priorities for the development of the agro-industrial complex at the present stage. The degree of processing of agricultural products has a decisive influence on the level of development and financial capabilities of agricultural enterprises. The article analyzes the volume of production, cost and financial results from the sale of agricultural products in collective farms of the Irkutsk region for 2008 and 2018. The study focuses on the analysis of the cost of agricultural products and their impact on the financial results of agricultural enterprises. Based on the study, it was concluded that it is necessary to develop, strengthen and improve production, improve the quality of products. For this industry, investments in product processing and infrastructure facilities are urgently needed. The development of agricultural production is possible only with technical modernization at all stages of food production.

Authors: Vinokurov Gennadii Mikhailovich, Vinokurov Sergei Innokentevich, Vinokurova Mariia Viktorovna