Key aspects of the calculation process in accordance with the stages of the life cycle (for example, industrial production)

UDC 657.01

Authors

Medvedeva E.A.

Abstract

The relevance of the research topic is manifested in the insufficient information support of the leadership of economic entities regarding the feasibility of producing a certain type of product at various stages of the life cycle, and as a result of not rational distribution of the resources of organizations. The article discusses the process of cost accounting in management accounts with subsequent calculation of the cost of production in the context of the product life cycle phases using the example of development and production of boilers for heating, which determines the novelty of the chosen research topic. The necessity and feasibility of applying the proposed methodology for cost accounting and costing in industrial production are justified, further research prospects are determined.

Keywords

management accounting, costs, cost, costing, autonomous version of management accounting, research and development, product life cycle.