Cost Analysis: Full Cost vs. Variable Cost in Pricing at Bucket Syalala Telang

Abstract

The importance­_of calculating the cost of production for determining product prices. It mentions two methods, full costing and variable costing, and their differences. The research's objective is to identify how these methods are applied in determining selling prices. The research methodology is qualitative with a descriptive approach, and data collection involves observation, interviews, and documentation. The analysis includes pre-field and during and after field phases. The research findings reveal that the Syalala Bucket Shop doesn't use either full costing or variable costing methods in its production cost calculations, resulting in a lower production cost due to a lack of understanding of proper cost components like depreciation costs.