Abstract

The cost of production is one of the most important indicators of the economic efficiency of agricultural production. It shows how much the production of agricultural products to a particular enterprise costs. The cost price reflects the qualitative aspect of the economic activities of enterprises: the efficiency of using production resources, the state of technology and organization of production, the introduction of science and advanced experience, the level of economic management. The cost of production is necessary to justify the rational allocation and specialization of agricultural production, to determine its economic efficiency, to establish the level of prices for agricultural products. The purpose of this article is to show ways to reduce the cost of agricultural products, which is one of the most important issues in Uzbekistan. This article discusses ways to reduce the cost of production in agriculture and suggests ways to reduce costs in order to improve efficiency in the production of agricultural products.

Highlights

  • The cost of production is one of the most important indicators of the economic efficiency of agricultural production

  • The product cost is the expression of the cost of producing a unit of product in money

  • The first is the production cost of the product and the second is the full cost of the product cost unit

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Summary

Introduction

The cost of production is one of the most important indicators of the economic efficiency of agricultural production. Agriculture is the most important branch of the economy of Uzbekistan, and it implements a certain amount of money, material expenses and labor costs for the organization and management of its activities. Agricultural enterprises produce material costs for rendering services and performing various types of production.

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