What is the difference between gross industrial output and gross industrial output?

Updated on Financial 2024-07-27
7 answers
  1. Anonymous users2024-02-13

    The main differences are that the nature is different, the reflection is different, and the scope of accounting is different, as follows:

    First, the nature is different.

    1. Gross industrial output.

    Gross industrial output refers to the total output of industrial production activities of industrial enterprises (units) in a certain period, and is the total value of industrial final products and the provision of industrial labor services in monetary terms.

    2. Gross industrial output value.

    The gross industrial output value is the total amount of industrial products produced or available by industrial enterprises in a certain period of time expressed in monetary terms.

    Second, the reflection is different.

    1. Gross industrial output.

    It reflects the total results of the production and operation activities of various sectors of the national economy.

    2. Gross industrial output value.

    Reflects the total results of production and business activities in the material production sector.

    Third, the scope of accounting is different.

    1. Gross industrial output.

    The scope of the total output is calculated in all sectors of society, including both the material and non-material production sectors.

    2. Gross industrial output value.

    The scope of the accounting of the gross output value is the five major material production sectors of agriculture, industry, construction, communications, and commerce.

    The above content refers to Encyclopedia - Gross Industrial Output.

    The above content refers to Encyclopedia - Gross Industrial Output.

  2. Anonymous users2024-02-12

    Gross industrial output is the total value of industrial final products and the provision of industrial services in monetary terms, and the gross industrial output value.

    It is the total amount of industrial products produced or available by industrial enterprises in a certain period of time in the form of money. The differences between them are as follows:

    1. The basis of accounting is different.

    The total output is based on the unit of industrial activity.

    The gross output value is based on an independent unit of accounting.

    2. The accounting methods are different.

    The total output is based on the sales revenue.

    On this basis, the total production results of the current period are obtained by adjusting the inventory.

    Gross output is directly accounted for in the production process.

    3. The scope of accounting is different.

    Total output includes income from main and ancillary operations.

    The total output value only includes the income from the main business.

    Calculation of Gross Industrial Output:

    1. Product output method.

    Total output = product output x units**.

    This method requires the knowledge of the yield and unit price of various products before it can be used, and is mainly calculated by this method in agriculture and industry.

    2. Sales revenue method.

    Total output = sales revenue + increase in inventories.

    This method requires accounting information, and most service companies use this method for calculations.

    3. Specific calculation method.

    There are three types: "Maori."

    amount", "indirect" and "recurrent expenditure".

    This method is applied in a specific industrial sector for a specific production activity.

    The "gross profit" calculation method is applicable to the wholesale and retail trade.

    The "indirect" calculation method is applicable to the financial and insurance industry, and the "current expenditure" calculation method is applicable to administrative institutions that implement full allocation, shortfall appropriation, and self-revenue and self-support.

    The above content refers to Encyclopedia - Gross Industrial Output.

  3. Anonymous users2024-02-11

    What does industrial output mean is explained below:

    1. Gross industrial production value refers to the added value of industry, which refers to the final results of industrial production activities expressed in monetary form by industrial enterprises during the reporting period;

    2. It is the balance of the total output of all production activities of the industrial enterprise after deducting the value of material products and labor services consumed or transferred in the production process;

    3. It is the new added value in the production process of industrial enterprises. The value added of GDP is a basic indicator of national accounts. The sum of the value added of the GDP of each sector is the gross domestic product.

    1. The value of finished products produced in the current period: refers to the total value of all industrial finished products (semi-finished products) produced by the enterprise in the current period and no longer processed during the reporting period, and passed the inspection and packaged into storage, including the self-made equipment produced by the enterprise and the value of finished products provided to the enterprise's projects under construction, other non-industrial departments and living welfare departments.

    2. Income from external processing fees: refers to the income from processing fees for the processing of industrial products (including processing products with the supplied materials of the orderer) completed by the enterprise during the reporting period and the income from processing fees obtained from external industrial repair operations. The income from external processing fees is calculated according to the ** excluding VAT (output tax), which can be obtained according to the relevant information of the accounting "product sales revenue" account.

    3. The value of the difference between the end and the beginning of the period of self-made semi-finished products and work-in-progress: refers to the difference between the closing value of self-made semi-finished products and work-in-progress and the beginning value of the enterprise during the reporting period. This indicator can generally be obtained from accounting materials.

    If the cost of semi-finished products and work-in-progress is not calculated in the accounting product costing, this part of the value is not included in the total output value, and vice versa.

    <> total industrial output value refers to the total amount of industrial products produced or available by industrial enterprises in a certain period of time in the form of money. It reflects the total scale and level of industrial production in a certain period of time.

    Gross industrial output is one of the most basic and important indicators in industrial statistics.

    According to the calculation of the gross industrial output value, the gross industrial output value is divided into the current price of the gross industrial output value and the constant price of the gross industrial output value, the constant price of the gross industrial output value refers to the calculation of the total industrial output value in different periods, the same product in the same period or at the same point in time of the industrial product factory ** as the constant price, also known as w fixed**. The use of constant prices to calculate the gross industrial output value is mainly used to eliminate the impact of ** changes. At present, constant 1990 prices are used.

    The current price of the total output value of the industrial bureau refers to the actual sales of products in the reporting period (excluding VAT**) when calculating the gross industrial output value.

  4. Anonymous users2024-02-10

    The gross industrial output value is the total amount of industrial products produced or available by industrial enterprises in a certain period of time, expressed in monetary terms. It reflects the total scale and level of industrial production in a certain period of time.

    Including: the value of finished products that are no longer processed in the enterprise, inspected and packaged in storage (except for products that do not need to be packaged), external processing fee income, self-made semi-finished products, and the value of the difference between the end and the beginning of the period of the products in process.

    The factory method is used to calculate, that is, the industrial enterprise as a whole is calculated according to the final total results of the industrial production activities of the enterprise, and double counting is not allowed within the enterprise, and the results produced by each workshop (branch) within the enterprise cannot be added. However, double counting is allowed between companies, industries, and regions.

    The gross industrial output value includes: the value of finished products produced in the current period, the income from external processing fees, and the difference between the end and the beginning of the period of self-made semi-finished products and work-in-progress.

    1 The value of finished products produced in the current period refers to the sum of the price of all industrial finished products and semi-finished products sold to the outside world that are produced in the current period and do not need to be processed during the reporting period. The value of finished products produced in this period does not include finished products processed with supplied materials from the orderer and semi-finished products sold to the outside world.

    The formula for calculating the value of finished products produced in the current period: the value of finished products produced in the current period = the number of products produced by self-provided raw materials, and the average unit price of the actual sales of products excluding output tax in the current period If there is a change in product sales during the reporting period, or if there are several sales of the same product in the same period, the total output value shall be calculated according to different **.

    If it is not possible to determine which type of ** to sell at the end of a production cycle, it can be calculated based on the actual average sales ** of the reporting period. Actual sales** refers to the actual factory delivery of the product at the time of sale**. In addition, some items of the gross industrial output, such as self-made equipment, products supplied to the company's capital construction and production welfare departments, and industrial operations, do not leave the factory"**, which can be calculated based on actual cost price or processing fee.

    2. External processing fee income refers to the processing fee income of the industrial products (including the products processed with the supplied materials of the orderer) completed by the enterprise during the reporting period, and the processing fee income obtained from the industrial operations undertaken by the enterprise. The recipient of foreign processing fees included in the gross industrial output value shall not include output tax, which may be based on"Products sold by shepherds"Acquisition of documents related to the subject.

    3.The difference between the end of the period and the beginning of the period of self-made semi-finished products and work-in-process refers to the value of the difference between the end of the period and the beginning of the period minus the beginning of the period of self-made semi-finished products and work-in-process in the reporting period. The accounting of this indicator is consistent with the accounting caliber of each enterprise, and the enterprise that does not have a semi-finished product account can not count this part of the value, and the calculation of product output statistics and intermediate inputs should also be kept in the same caliber.

  5. Anonymous users2024-02-09

    The differences are as follows:1The nature is different.

    GDP includes the gross domestic product (GDP) and gross national product. The gross industrial output value is the total amount of industrial products produced or available by industrial enterprises in a certain period of time.

    2.The calculations are different.

    GDP = Private Consumption + Investment + **Consumer Expenditure + (Exports - Imports), Gross Industrial Output = Monthly Product Production Unit Price of Product Sales.

    3.The range is different.

    GDP includes gross domestic product, gross national product. Gross industrial output includes the gross industrial output at current prices and at constant prices.

  6. Anonymous users2024-02-08

    First, the overview of the two is different:

    1. Overview of gross industrial output value: Gross industrial output value is the total amount of industrial products produced or available by industrial enterprises in the form of money in a certain period of time. The gross industrial output value reflects the total scale and level of industrial production in a given period.

    2. Overview of industrial sales output value: Industrial sales output value is the total amount of industrial products produced by industrial enterprises sold by industrial enterprises in monetary terms during the reporting period.

    Second, the content included in the two is different:

    1. The content of the total industrial output value includes: including the value of finished products that are no longer processed in the enterprise, inspected and packaged in storage (except for products that do not need to be packaged), external processing fee income, self-made semi-finished products, and the value of the difference between the end and the beginning of the period of the products in process.

    2. The content of industrial sales output value: including the value of finished products and semi-finished products sold, the value of industrial operations provided to the outside world, and the value of products and industrial operations and self-made equipment provided by the infrastructure department and production welfare department of the enterprise.

  7. Anonymous users2024-02-07

    The basis of accounting is different, the accounting method is different, and the scope of accounting is different.

    The basis of accounting is different, the total output is based on the unit of industrial activity as the basic unit of accounting, and the gross output value is based on the independent unit of accounting as the basic unit of accounting.

    The accounting method is different, the total output is based on the sales revenue, and the total production results of the current period are obtained by adjusting the inventory, and the total output value is directly accounted for in the production process.

    The scope of accounting is different, the total output includes the income of the main camp and the ancillary business, and the total output value only includes the income from the main business. Gross industrial output includes value-added tax (VAT) of the same caliber, and gross industrial output does not include VAT.

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