ECONOMIC ELEMENTS REGARDING THE STEEL COST PRODUCTION COUNTING

Authors

  • Adrian IOANA University Politehnica of Bucharest, Romania
  • Nicolae CONSTANTIN University Politehnica of Bucharest
  • Elena-Claudia DRAGNA University Politehnica of Bucharest
  • Massimo POLIFRONI University of Turin

Keywords:

Cost Production Counting, Economic Activity, Steels.

Abstract

Our article features the elements that make up the cost of production. The economic activity implies a consumption of factors followed-up by products expressed in goods or services. In the first part of the article, we have defined and detailed the cost of production. In the second part we have calculated the cost of the production of one tone of low alloyed steel with vanadium. The prices for the components of cost production have been established within, Tenaris site, located in Calarasi county, Romania.

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Published

10.07.2016

Issue

Section

Accounting, Finance, Statistics and Economic informatics