2020Unpublished venueRequires access

On the assessment of production costs and profitability of agricultural organizations of the Orel region

L. A. Golovina, Olga Viktorovna Logacheva

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Abstract

The trends of changes in the structure of production costs and profitability of agricultural organizations of the Orel region are studied. The ratio of income and expenses that develops in the course of business activity is analyzed. The share of the cost of purchased products in the composition of material costs in connection with its growth is highlighted. The emphasis is placed on ensuring the systematic development of agricultural production in the region. The fact of a decrease in the share of wages in the structure of costs for the main production and a reduction in the average annual number of employees is revealed. The study is supplemented by an analysis of vacancies in agriculture in Russia, highlighting the most popular and highly paid professions in the agricultural sector of the country.

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What this paper is about

The trends of changes in the structure of production costs and profitability of agricultural organizations of the Orel region are studied. The ratio of income and expenses that develops in the course of business activity is analyzed. The share of the cost of purchased products in the composition of material costs in connection with its growth is highlighted. The emphasis is placed on ensuring the systematic development of agricultural production in the region. The fact of a decrease in the share of wages in the structure of costs for the main production and a reduction in the average annual number of employees is revealed. The study is supplemented by an analysis of vacancies in agriculture in Russia, highlighting the most popular and highly paid professions in the agricultural sector of the country.

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Available abstract

The trends of changes in the structure of production costs and profitability of agricultural organizations of the Orel region are studied. The ratio of income and expenses that develops in the course of business activity is analyzed. The share of the cost of purchased products in the composition of material costs in connection with its growth is highlighted. The emphasis is placed on ensuring the systematic development of agricultural production in the region. The fact of a decrease in the share of wages in the structure of costs for the main production and a reduction in the average annual number of employees is revealed. The study is supplemented by an analysis of vacancies in agriculture in Russia, highlighting the most popular and highly paid professions in the agricultural sector of the country.

Key concepts: Profitability index, Agriculture, Production (economics), Business, Agricultural economics, Agricultural productivity, Gross output, Production cost

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