COST CLASSIFICATION FEATURES

In the overall system of indicators that characterize the efficiency of enterprise as a whole and its subdivisions production, the main place belongs to the production cost. Structure of production cost is determined by the costs that form it. To establish effective management and tax accounting, it is necessary to apply an economically justified costs classification according to certain characteristics. This will help not only better plan and take into account costs, but also more accurately analyze them, and also to identify certain relationships between individual types of costs and to calculate the degree of their impact on cost and profitability of production. The task of this article is to examine in more detail the issues of classification and grouping of costs from the perspective of both domestic and foreign scientists, and also to analyze the existing classifications as accounting and analytical support for the management of organizations.