The cost of precision forging parts processing involves material costs, processing costs, labor costs, and other indirect costs. Based on national policies and actual production needs, the following methods can be used for cost calculation.
- Direct material cost accounting: The direct material cost is the cost of raw materials used to process precision forgings, including metal materials, chemical raw materials, etc. The calculation of material costs can be determined by the purchase price or the average cost method.
- Direct labor cost accounting: The direct labor cost is the human cost used to process precision forging parts, including workers and technical engineers. Similar to direct material costs, the calculation of direct labor costs can be calculated by timing method or salary method.
- Manufacturing costs and other indirect cost accounting: The precision forging process may involve additional manufacturing costs, such as equipment depreciation, equipment maintenance, and other indirect costs such as office expenses, utilities, etc. These indirect costs need to be calculated through a common manufacturing cost rate or a direct material processing fee rate, and differentiated analysis should be carried out for better cost control.
The state also proposes a whole-process cost control method, which includes tracking all costs from production, procurement, sales, transportation, and other aspects, and using data statistics and analysis of the whole process to control costs. At the same time, combined with development trends, industry characteristics, and cost changes, a long-term cost control mechanism is formed.
These are the general methods for calculating the cost of precision forging parts processing. In actual production, different enterprises may have different methods depending on their specific needs. Only by mastering good cost control methods can they survive in fierce market competition.
