IMPROVING THE ITEM-BASED ACCOUNTING OF PRODUCTION COSTS AND THE FORMATION OF PRODUCT COST IN GRAIN CLUSTERS

Abstract

The accounting of costs associated with primary production and product processing in grain-growing clusters
by cost item, together with the economically justified formation of product cost, is examined. To deepen the analysis of
production costs by product type and technological process, an analytical classification based on the “normal/abnormal”
and “economical/excessive” criteria is proposed, along with a Chain-ABC model that links costs to specific activities and
cost drivers. The proposed approach enables detailed control over the structure of cost items, analysis of production costs
for each product type, identification of excessive and unproductive costs, and economically justified determination of
product cost. The implementation of the proposed methodological approach in the accounting practices of grain-growing
.enterprises expands opportunities for effective production cost management and product cost reduction