COST ANALYSIS AND PROFIT CALCULATION OF CV LUMINTU : A BATIK MANUFACTURING CASE STUDY IN PEKALONGAN

• Main Author: Faikar (19014041), Fahd
• Format: Final Project
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/27076
• Institution: Institut Teknologi Bandung

In many parts of Indonesia, many small and medium-sized manufacturing industries are the main source <br /> <br /> of livelihood for the population. Not a few of them are out of business because they are not able to <br /> <br /> sustain their lives every month. In Pekalongan, the city is very famous for its batik is a lot of textile <br /> <br /> industry manufacturing woven fabric ATBM (Non-Woven Weaving Machine) and traditional batik is <br /> <br /> still able to survive by relying on uniqueness that cannot be duplicated by modern machines. CV. <br /> <br /> Lumintu is a small-scale manufacturing medium size saw and the production produced is not bulk and <br /> <br /> not quite customized. Lumintu Workshop is owned by R Asyfa Fuadi. In addition to producing batik <br /> <br /> orders, R Asyfa Fuadi also sells batik products in a shape of fabric sheets with a fairly easy motive <br /> <br /> through a network of batik traders in Pekalongan and distributed almost throughout Indonesia. In this <br /> <br /> case, many manufacturing firms, let alone with traditional and small scale, do not have a good <br /> <br /> accounting and financial recording system. Rewards (pricing) made only on the basis of costs incurred <br /> <br /> for the product alone or guessing because of the absence of good calculations in the cost line. CV. <br /> <br /> Lumintu only records costs by guesswork only. With conditions that occur, the calculation of prices <br /> <br /> and profits are almost certainly wrong and can be one of the main causes almost bankruptcy of this <br /> <br /> traditional company. By doing cost analysis in this traditional manufacturing industry, the author can <br /> <br /> know and classify all expenses incurred during business process run by CV. Lumintu in everyday life. <br /> <br /> Apart from calculating the cost incurred, the author can also calculate and know the unit cost and also <br /> <br /> calculate the breakeven point of each product produced by CV. Lumintu. The data collection will be <br /> <br /> done through the quantitative methodology. In this step, the researcher will have the calculation. <br /> <br /> Quantitative Research is the methodical correct examination of unmistakable ponders by methods for <br /> <br /> genuine, logical or computational strategies (Given, 2008). The data collection gained from the primary <br /> <br /> and secondary data, the primary data from CV. Lumintu which is from the owner itself, and secondary <br /> <br /> data woud be gained and used as a benchmark to the primary data. The result of this research are (1) <br /> <br /> the old unit cost is Rp 61.762.233 and the new unit cost is Rp 66.693.394; (2) net income after tax is <br /> <br /> Rp. 73,548,030, and; (3) a new model of financial statement has to be made by CV Lumintu.