The Influence of Raw Materials and Direct Labor Costs on Profit Margin Ratio in UMKM Agan Cibinong, Bogor Regency
DOI:
https://doi.org/10.55927/jfbd.v1i4.2172Keywords:
Raw Material, Direct Labor, Profit Margin, UMKMAbstract
Micro, Small and Medium Enterprises or known as UMKM have many roles in eradicating poverty, reducing unemployment, and increasing people's income so that they can be independent in supporting their economy. UMKM actors must be able to develop and survive in line with intense business competition. The ability to compete in trade is important so that the Indonesian economy remains strong, especially in the face of the Asean Economic Community (AEC). Therefore, the government continues to strive so that UMKM in various regions can develop so as to support the economy of small communities by providing various facilities both in terms of funding, marketing, licensing and other supporting facilities. The presence of the industrial revolution 4.0 has the impact of intense competition, UMKM must be able to overcome this challenge creatively, product innovation, marketing, product packaging, human resource development and technology. The UMKM empowerment strategy can be pursued through the role of the Government in issuing fiscal and non-fiscal policies, the role of universities in carrying out services to educate and prosper the community and the role of stakeholders in encouraging UMKM to be more independent and innovative.
Downloads
References
Ahmad, Firdaus. 2009. Cost Accounting . Edition 2. Publisher: Salemba Empat. Jakarta
Agustin, Winda. 2021. The Effect of Raw Material Costs and Direct Labor Costs on Profit Margin Ratios in Manufacturing Companies on the Indonesia Stock Exchange.
Bergh, DD, Connelly, BL, Ketchen Jr, DJ, & Shannon, LM 2014. Signaling theory and equilibrium in strategic management research: An assessment and a research agenda. Journal of Management. 51(8), 1334-1360.
Carter, William K. 2009. Cost Accounting . Edition 14. Salemba Empat. Jakarta.
Carter, William K. 2014. Cost Accounting. Salemba Empat. Jakarta.
Connelly, BL, ST Certo., RD Ireland., and CR Reutzel. 2011. Signaling Theory: A Review and Assessment . Journal of Management. Vol. 37, no. 1. Pg. 39-67.
Dunia, Firdaus Ahmad and Abdullah, Wasilah. 2012. Cost Accounting . Salemba Four. Jakarta.
Effendi, Rizal. 2019. Effect of Efficiency of Raw Material Costs, Direct Labor Costs and Factory Overhead Costs on Profit Margins at CV. Indoscots Baby Utama Palembang . Journal of Ratri (Tridinanti Accounting Research) Vol.1 No.1. ISSN : 2715-0208.
Ghozali, Imam. 2011. Application of Multivariate Analysis with the SPSS Program . Semarang : BP Diponegoro University.
Ghozali, Imam. 2016. Multivariete Analysis Application With IBM SPSS 23 Program (Edition 8) . VIII print. Diponegoro University Publishing Agency. Semarang.
Gunawan, Feby Cyntia. 2017. Effect of Raw Material Costs and Direct Labor Costs on Profit Margin Ratios (Case Study at PT. Jakarana Tama, Ciawi-Bogor) . Thesis: Bogor Unitary College of Economics.
Hamidi, 2010. Qualitative Research Methods . UMM Press. Poor.
Hanafi, Mamduh M and Halim, Abdul. 2009. Analysis of Financial Statements . Edition 4. UPP STIM YKPN. Yogyakarta.
Hansen and Mowen. 2009. Managerial Accounting . Book 1 edition 8. Salemba Empat. Jakarta.
Hasibuan, Malayu SP 2001. Fundamentals of Banking . First Print. Script Earth. Jakarta.
Hernanto. 2017. Cost Accounting . CV Andi Offset. Yogyakarta.
Harry. 2015. Analysis of Financial Statements . PT Grasindo. Jakarta.
Jannah, Afika Roichatul. 2020. The Effect of Production Costs, Operational Costs, Capital Structure, and Liquidity on Profitability (Study of Manufacturing Companies in the Food and Beverage Sub-Sector Registered on the IDX for the 2014-2017 Period. Journal of Accounting Student Research (JRMA). Volume 8, No. 2. E-ISSN : 2715-7016.
Jogiyanto and Abdillah, Willy. 2014. PLS (Partial Least Square) Concepts and Applications for Empirical Research . BPFE. Yogyakarta.
Kalsum, Umi., Nurwani. 2022. The Effect of Production Cost and Long-Term Debt on Profitability in Manufacturing Companies in the Consumer Goods Industry Sub-Sector Listed on the Indonesia Stock Exchange. Journal-Research of Economic and Business (J-Reb). Volume 1, Issue 1.
Cashmere. (2017). Financial Statement Analysis . Rajawali Press. Jakarta.
Sustainability, Goddess. 2018. Effect of Raw Material Cost Efficiency and Direct Labor Cost Efficiency on Gross Profit Margin at PT. Butterfly Star of the Year 2014-2018 . Thesis: Buddhi Dharma University Tangerang.
Lestari, Wiwik and Permana, Dhyka Bagus. 2018. Cost Accounting in a Managerial Perspective. Second Printing . PT. Rajagrafindo Persada. Jakarta.
Lubis, Ade Trilia. 2021. The Effect of Raw Material Cost Efficiency and Direct Labor Cost Efficiency on the Gross Profit Margin Ratio at Twin Steel, Pulau Raja, Asahan. Thesis: State Islamic University of North Sumatra. Medan.
Masita. 2018. The Effect of Raw Material Cost Efficiency and Direct Labor Cost Efficiency on the Gross Profit Margin Ratio at Sufi Bakery and Cake Shop Medan . Thesis: State Islamic University of North Sumatra Medan.
Mulyadi. 1995. Management Accounting: The Concept of Benefits and Engineering , 2nd edition of the first printing, BPFE UGM. Yogyakarta.
Mulyadi. 2009. Cost Accounting . Publishing and Printing Unit of the YKPN High School of Management. Yogyakarta.
Mulyadi. 2012. Cost Accounting . Fifth Edition. Publishing and Printing Unit of the YKPN High School of Management. Yogyakarta.
Mulyadi. 2014. Cost Accounting . Publishing and Printing Unit of the YKPN
Mulyadi. 2015. Cost Accounting . Publishing and Printing Unit of the YKPN High School of Management. Yogyakarta .
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2022 Yuppy Triwidatin
This work is licensed under a Creative Commons Attribution 4.0 International License.
