Our website uses cookies. By continuing to use this site, you agree to our use of cookies in accordance with this notice and the Terms of Use.
Main
MSHJ is 65 years!
IACJ
Article publication
Editorial Board
Peer Review Process Publication ethics and malpractice statement The Editorial policy
Authors
Competition among authors of scientific articles List HAC of scientific specialties
Subscription
Partners
Advertisers
VAK
RSCI, РИНЦ
Contacts
Submit manuscript
MOSCOW ECONOMIC JOURNAL
Journals / MOSCOW ECONOMIC JOURNAL / Volume 9 Issue 1 / COST-RELATED PRICING METHODS: FEATURES OF APPLICATION IN AGRICULTURAL PRODUCTION
VAK Russia 5.2.3 UDC 338.57

COST-RELATED PRICING METHODS: FEATURES OF APPLICATION IN AGRICULTURAL PRODUCTION

Published in MOSCOW ECONOMIC JOURNAL · Volume 9, Issue 1 · Pages 194–202 · Rubric: Regional and branch economy
DOI: https://doi.org/10.55186/2413046X_2023_9_1_16
Received: 12.01.2024 Accepted: 12.01.2024 Published: 24.09.2024
Authors
OL
Olga Bayanova
ABSTRACT
The scientific article contains a review of scientific publications by economists on the problems of using cost pricing methods in agricultural production, shows the importance of analyzing costs and production costs, the input-output method, price reactions to market changes, integration of prices on the world market, price fluctuations, readiness consumers to pay for attributes, management of the price mechanism, minimum acceptable prices for products. An analysis of the varieties of cost-based pricing methods was carried out: the full cost method, the direct cost method, the marginal cost method, the method based on break-even analysis. The study of the full cost method is shown using statistical data presented on the official website of the Federal State Statistics Service and the state program “State support of the agro-industrial complex of the Perm region”. A very important aspect in applying the full cost method is the use of a rate of return based on standard (marginal) profitability, the level of which is a key indicator of the state program. The direct cost method is considered using the example of making a decision regarding the execution of an additional order, the cost of which includes only direct costs. This fact shows the effectiveness of accepting an additional order at a lower price. The marginal cost method is closely related to the direct cost method; the difference lies only in the methodology for determining direct and marginal costs: direct costs are selected from the total cost, and marginal costs are determined using a special formula using the method of the highest and lowest points. An important area of practical application of the method based on break-even analysis is the calculation of the break-even point in physical and value terms, as well as economic and mathematical modeling using the method of equality of income and expenses.
KEYWORDS
agricultural production; price system; pricing methods; cost pricing; total costs; marginal cost
Text References
Text
Text (PDF)
Read Download

1. Rymanova L.A. Regional'nye aspekty razvitiya cenovyh otnosheniy organizaciy agrarnoy sfery Sibiri // Sel'skie territorii v prostranstvennom razvitii strany: potencial, problemy, perspektivy / Federal'nyy nauchnyy centr agrarnoy ekonomiki i social'nogo razvitiya sel'skih territoriy – Vserossiyskiy nauchno-issledovatel'skiy institut ekonomiki sel'skogo hozyaystva. – Moskva, 2019. – S. 243 – 246.

2. Sazonova D.D., Sazonov S.N. Velichina zatrat v fermerskih hozyaystvah // Sel'skie territorii v prostranstvennom razvitii strany: potencial, problemy, perspektivy / Federal'nyy nauchnyy centr agrarnoy ekonomiki i social'nogo razvitiya sel'skih territoriy – Vserossiyskiy nauchno-issledovatel'skiy institut ekonomiki sel'skogo hozyaystva. – Moskva, 2019. – S. 271 – 274.

3. Truhachev V.I. i dr. Upravlenie cenovym mehanizmom v agropromyshlennom komplekse / Truhachev V.I., Binatov Yu.G., Gerasimov A.N. // APK: ekonomika, upravlenie. – 2019. — № 10. – S. 23 – 31.

4. Yakovenko N.A. Ocenka effektivnosti gosudarstvennogo regulirovaniya agroprodovol'stvennogo kompleksa na osnove metoda «zatraty – vypusk» // Problemy i perspektivy razvitiya sel'skogo hozyaystva i sel'skih territoriy / Saratovskiy gosudarstvennyy agrarnyy universitet imeni N.I. Vavilova. – Saratov, 2019. – S. 175 – 178.

5. Abbott M., Merrett D. Counting the cost: the reserve price scheme for wool 1970 – 2001 // Australian Journal of Agricultural and Resource Economics. – 2019. – Vol. 63, № 4. – P. 790 – 813.

6. Ayinde O.E. i dr. Analysis of determinants of maize price variations in Nigeria (1978 – 2014) / Ayinde O.E., Aina I.V., Ayinde K. // Croatian Journal of Food Science and Technology. – 2019. – Vol. 11, № 2. – P. 237 – 244.

7. Jankovic i dr. Production costs and market price of wheat behavior analysis as support for hedging strategies / Jankovic I., Kovacevic V., Jelocnik M. // Economics of Agriculture. – 2020. – Vol. 67, № 2. – P. 495 – 509.

8. Nigatu G., Adjemian M.A. Wavelet Analysis of Price Integration in Major Agricultural Markets // Journal of Agricultural and Applied Economics. – Athens, 2020. – Vol, 52, № 1. – P. 117 – 134.

9. Price transmission analysis in pork supply chain in Serbia / Jeremic M., Zekic S., Matkovski B. i dr. // Economics of Agriculture. – 2020. – Vol. 67, № 2. – P. 417 – 430.

10. Skarzynska A. Unit costs and income from selected products in 2017 – research results in the AGROKOSZTY system // Zagadn. Ekon. roln. – 2019. — № 2. – P. 100 – 120.

11. Willigness to Pay for Rose Attributes: Helping Provide Consumer Orientation to Breeding Programs / Chavez D.E., Palma M.A., Byrne D.H. i dr. // Journal of Agricultural and Applied Economics. – Athens, 2020. – Vol. 52, № 1. – P. 1 – 15.

PDF JATS XML
The contact persons
Chairman of the editorial board
Aleksandr Fomin
e-science@list.ru
Ekaterina Syamina
Publishing editor
Ekaterina Syamina
e-science@list.ru
1975
downloads
RINC RINC Science Index Crossref VAK Cyberleninka
© mshj.ru
Agreement Personal data protection and processing policy Support Powered by Editorum, 2026 Instructions
Login or Create
* Forgot your password?