COMPARATIVE ASSESSMENT OF GROSS PROFIT AVAILABILITY CALCULATION AND EFFECTS ON UD KAMAL JAYA

Nurjamilah Rangkuti

Abstract


The method for calcu-
lating the value of ending inventory are three, namely FIFO
(First In First Out), LIFO (Last In First Out), and the av-
erage (AVERAGE). By using the FIFO method, which will
be the value of ending inventory is the base price of the
last unit or item purchased. In contrast, using the LIFO
method, cost of goods purchased are the last to be recog-
nized rst as a cost of goods sold. As if using the average
method, cost of goods sold per unit is calculated based on
the average cost per unit of goods available for sale. The
study was conducted at UD JAYA KAMAL by taking data
in February of 2011 that cigarettes Sampoerna Mild. This
study uses inventory calculation methods FIFO, LIFO and
Average. Through scientic research, the authors would like
to know by what methods can maximize the prots that can
be obtained by the company. From the results of scientic
research, when using FIFO, LIFO and Average physically
will generate gross prot amounting to Rp 1,946,500, Rp
1,718,500 and Rp 1,896,340, while the perpectual will gener-
ate gross prot amounted to Rp 1,946,500, Rp 1,930,000 and
1,946,500. If companies want to achieve maximum prot,
the company can use Perpectual Fifo method as a method
to assess its inventory. Using this method a company can
see how many are left in warehouse inventory and without
having to physically perform the calculations.

Full Text:

Full Paper

Download File : 13097-36820-1-PB.pdf aneka ragam manfaat dan khasiat sejuta manfaat artikel unik sejarah kerajaan