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Study On The Cost And Influencing Factors Of Corn Starch In LH Company

Posted on:2020-03-02Degree:MasterType:Thesis
Country:ChinaCandidate:Y LiuFull Text:PDF
GTID:2439330599455393Subject:Accounting
Abstract/Summary:PDF Full Text Request
As the most widely planted crop in the world,corn is a natural product related to people’s lives.With the vigorous development of the modern corn industry,the corn processing industry has gradually moved to a mature stage.Specially prepared for the corn starch processing industry,it has become an important part of China’s agricultural product processing market.At present,due to the fierce market competition environment,how to effectively maximize the self-interest of corn starch processing enterprises has become a problem that must be considered.Therefore,studying the cost structure of corn starch processing and exploring ways to reduce processing costs are of great significance for China corn starch processing enterprises to improve their competitive advantages at this stage.Based on the actual situation and data of LH Company,this paper conducts in-depth analysis and explores the key factors affecting the main cost in corn processing enterprises from the perspective of cost.It provides more reference for reducing the cost of LH company and improving the market competitiveness of the company.in accordance with.In this paper,based on the gray correlation analysis method,based on the analysis of LH corn starch processing cost,the paper analyzes the impact of cost factors on the profit of LH corn starch processing process,finds the key cost,and carries out the key cost.A more comprehensive analysis,identify the influencing factors of key costs,and start from these key links,put forward specific recommendations to control the cost of LH companies and improve the company’s operations.The research shows that the processing cost of corn starch in LH company is more complicated and interferes with more.However,because the company’s current production products are relatively simple,and mainly around corn starch processing and production,raw materials account for a relatively high proportion of cost.Followed by fuel costs and cost of sales.These problems have a great impact on the need for companies to reduce costs and increase efficiency.Therefore,while analyzing the main cost components of the industry,we should also analyze the influencing factors of all costs in the management cost,and start from the roots to effectively propose relevant suggestions for controlling costs.Through the in-depth analysis of this article,we can see that under the influence of the current market environment and national policies,the fluctuation of raw material prices has become the key to affect the efficiency of LH companies.The highlight of this factor provides a clear reference for the future direction of cost control,and provides a certain reference value for the ultimate improvement of enterprise efficiency.The main innovations of this paper are as follows:(1)The grey cost correlation analysis method is used to find out the key cost factors affecting the processing efficiency of corn starch in LH;(2)The influencing factors of the key cost of corn starch processing in LH are systematically analyzed.Based on the above results,this paper puts forward the countermeasures and suggestions for LH cost control,and provides an empirical reference for the future development of the company and the improvement of market competitiveness.
Keywords/Search Tags:Corn starch processing, cost control, grey correlation analysis
PDF Full Text Request
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