Cost accounting of export goods

There are two main economic performance indicators for cost accounting of export goods:

A. Exchange costs for export goods (exchange rate)

This indicator reflects the *** cost of each dollar of ** net income earned on exports. The lower the cost of foreign exchange exchange, the better the economic efficiency of exports, and the formula is:

Export exchange cost = total export cost (RMB)/export** net income (US$)

The total export costs here include purchase (or production) costs, domestic expenses (storage, transportation, management, expected profits, etc., usually expressed as a fee rate) and taxes. Export** net income refers to FOB** net income after deduction of freight and insurance premiums.

Example: The domestic purchase price of a commodity is ***7270 yuan, the processing fee is 900 yuan, the circulation fee is 70O yuan, the tax is 30 yuan, and the net income of export sales is 11O0 dollars, then:

Total export cost = 727O 9O0 + 7O0 + 30 = 8900 yuan (***)

Foreign exchange costs = 89O0 yuan***/11O0 dollars = 8*** yuan/dollar

B. Profit and Loss Ratio of Exported Goods

The indicator shows that the percentage of surplus and deduction of export commodities in the total export cost is positive and negative.

Profit/loss ratio of export commodities = (Net export-revenue income - Total export cost) / Total export cost X 100%

Including export *** net income = FOB export ** net income X bank ** buy price

The relationship between profit and loss ratio and exchange cost is:

Profit/loss ratio of export goods = [1-export exchange cost/bank**buy price] X 100%

It can be seen that the exchange cost is higher than the bank purchase price, and the profit and loss ratio is negative. Exchange costs are lower than the purchase price of bank **, only exports.