Analysis of Production Cost Calculation using Process Costing and Full Costing as the Basis for Determining Selling Prices at Rani Jaya Furniture, Kateng, Central Lombok

الملخص

This study analyzes the calculation of the cost of goods manufactured at Meubel Rani Jaya, Kateng Village, Central Lombok, and applies process costing and full costing methods to determine product selling prices. Initial findings show the company has not conducted accurate cost calculations, instead relying on market prices, which may result in prices that are either too high or too low. Using a qualitative descriptive approach through observation, interviews, and documentation, the research compares the company’s calculations with proper process costing and full costing methods. The results indicate that the company has not allocated production costs correctly, but after recalculation, these methods provide more accurate and reliable figures for setting selling prices. This research helps the company improve its cost calculation effectiveness and serves as a reference for academics, while also highlighting the importance of applying sharia accounting principles to ensure fair and transparent pricing.