A CASE STUDY OF COST AND RETURN ON HANDICRAFT PRODUCTION OF REED MATS, BAN DON DAENG AND BAN LAOPATTANA, NA WA DISTRICT, NAKHON PHANOM PROVINCE

Abstract

This research aims to study cost data and return analysis on handicraft production of reed mats, case study Ban Don Daeng and Ban Laopatta, Na Wa district, Nakhon Phanom province. The operation collected the cost data of the reed mats type that have 4 size, consist of roll mats 1 x 2 meters, 2 folding mats 1.4 x 2 meters, 3 folding mats 1.2 x 2 meters and temple mats 1 x 10 meters which have general requirement from customer. The tools used to collect information from 28 people including interview, observe and statistical methods used to analyze data were percentage. Production cost and return analysis was computed by net profit to sale ratio that based on accounting principle and producer guidelines.

The result revealed that the return of roll mats based on accounting principle are negative value which show performance loss but have positive value on guidelines that show operation profit. The factors of deferent outcome are direct labor cost and manufacturing overhead cost because the labor in weaving mats is a family labor and they are no cash payment while point of view on accounting principle direct labor cost and manufacturing overhead cost must be allocated as production.