Development of methods for forming the cost of production and assessment of its impact on the efficiency of an industrial enterprise

Authors

DOI:

https://doi.org/10.15587/2706-5448.2025.331215

Keywords:

cost of production, methods of formation, efficiency, economic assessment, industrial enterprise, costs, resources

Abstract

The paper considers the influence of the level of production cost on the overall efficiency of the functioning of industrial enterprises in the conditions of the modern economy and its economic potential. The value of the cost of production as one of the key factors determining the efficiency of an industrial enterprise and the level of its economic potential is considered. The main components of the cost, methods of its accounting and optimization opportunities are analyzed. Practical recommendations for improving production efficiency through cost management are given. A comprehensive analysis of the structure and dynamics of production costs has been carried out, the main factors influencing the formation of the cost of production, in particular, resource intensity, energy consumption, organizational and technological level of production and managerial approaches have been identified. In this research, let’s focus on the importance of cost rationalization and increasing the level of accounting and control over costs as key tools for ensuring the competitiveness of the enterprise. To control the cost, such methods as break-even analysis, accounting by centers of responsibility, regulatory accounting, calculation by types of products are proposed for use. The effective use of these methods allows to identify inefficient costs, conduct a comparative analysis of costs by periods, and make informed management decisions. Among the main ways to reduce the cost of production, was identified: introduction of energy-saving technologies, automation of production processes, improvement of logistics, inventory management, revision of supply contracts, as well as motivation of employees to increase labor productivity. On the example of a generalized profile of an industrial enterprise, the influence of various components of costs on the profitability of products is analyzed. It has been found that timely changes in the market situation and avoid unprofitable decisions.

Author Biographies

Petro Pererva, National Technical University "Kharkiv Polytechnic Institute"

Doctor of Economic Sciences, Professor

Department of Business Economics and International Economic Relations

Tetiana Kobielieva, National Technical University “Kharkiv Polytechnic Institute”

Doctor of Economic Sciences, Professor

Department of Business Economics and International Economic Relations

Robertas Keršys, Kaunas University of Technology

PhD, Associate Professor

Department of Transport Engineering

Szabolcs Nagy, University of Miskolc

PhD, Associate Professor

Institute of Marketing and Tourism

Oleksandra Kosenko, LLC "KS Parts"

Doctor of Economic Sciences, Professor

Nadiia Tkachova, LLC “ZAUBER-MANICURE”

PhD, Associate Professor, Director

Lesia Marchuk, StressOff Center

PhD, Associate Professor, Manager

Andriy Kosenko, LLC "Hydrofilter"

PhD, Associate Professor

Maksym Tkachov, LLC “ZAUBER-MANICURE”

PhD, Associate Professor, Director

Department of Economics, Finance and Law

Serhii Pohorielov, National Technical University “Kharkiv Polytechnic Institute”

PhD, Associate Professor

Department of Business Economics and International Economic Relations

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Development of methods for forming the cost of production and assessment of its impact on the efficiency of an industrial enterprise

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Published

2025-06-02

How to Cite

Pererva, P., Kobielieva, T., Keršys, R., Nagy, S., Kosenko, O., Tkachova, N., Marchuk, L., Kosenko, A., Tkachov, M., & Pohorielov, S. (2025). Development of methods for forming the cost of production and assessment of its impact on the efficiency of an industrial enterprise. Technology Audit and Production Reserves, 3(4(83), 26–33. https://doi.org/10.15587/2706-5448.2025.331215

Issue

Vol. 3 No. 4(83) (2025): Economics of enterprises. Macroeconomics

Section

Economics and Enterprise Management

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Copyright (c) 2025 Petro Pererva, Tetiana Kobielieva, Robertas Keršys, Szabolcs Nagy, Oleksandra Kosenko, Nadiia Tkachova, Lesia Marchuk, Andriy Kosenko, Maksym Tkachov, Serhii Pohorielov

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