The Method of Accounting Cost and Return of Pickled Fish: a case study of Pickled Manufacturers, Bansang Sub-District, Muang District, Phayao Province

Abstract

The purpose of the study “The method of accounting cost and return of pickled fish: a case study of pickled manufacturers, Bansang Sub-District, Muang District, Phayao Province” The data was collected by using a questionnaire and an interview from the agriculturists who produced pickled fish in Bansang Sub-District, Muang District, Phayao Province. The population in this study was divided into two sizes according to the materials used. It was found that: With regarding to the cost and return of pickled fish production, it was found that: Size1: The initial investment cost was 53,300.00 Baht and the cost of operation was 1,102,199.44 Baht. As for the production cost, it was 26,880.00 Baht. The fixed cost was Baht. The return on investment of the pickled fish production throughout the duration 5 years, there was the return or all the income of 1,275,680.00 Baht. It was found that the break-even point of the distribution was a large bag of 1 kilograms equaled to 441 bags. Size2: The initial investment cost was 256,000.00 Baht and the cost of operation was 32,979,878.61 Baht. As for the production cost, it was 311,400.00 Baht. The fixed cost was 40,147.50 Baht. The return on investment of the pickled fish production throughout the duration 5 years, there was the return or all the income of 50,196,160.00 Baht. It was found that the break-even point of the distribution was a small bag of 200 grams equaled to 1,165 bags or a large bag of 500 grams equaled to 1,770 bags and a sheet size of 500 grams equaled to 933 bags. Regarding to the method of accounting of the group of pickled fish manufacturers: The result showed that the groups of pickled fish manufacturer consisted of accounting group and non-accounting group. Besides, all manufacturers did not have any documents for doing accounting. In addition, the manufacturers wanted the researchers to prepare a simple form for finding a production cost of the pickled fish each time so they could know the real profit of their business.