GUIDELINES FOR COST AND ACCOUNTING RETURN MANAGEMENT FOR FARMERS PRODUCING SEA GRAPES OF LAEM PHAK BIA SUBDISTRICT BAN LAEM DISTRICT, PHETCHABURI PROVINCE

Abstract

This research is a study of the management of cost and return accounts of sea grape farmers in Laem Phak Bia Subdistrict, Ban Laem District, Phetchaburi Province. The objectives are 1) to apply the cost and return accounts from sea grape production, and 2) to study the methods to increase the efficiency of cost and return from sea grape production for farmers. This is qualitative research using in-depth interviews. The research participants are 6 sea grape farmers in Laem Phak Bia Subdistrict, Laem Phak Bia District, Phetchaburi Province. The research method is purposive selection and content analysis.

          The research results show that the cost of sea grape production consists of raw material cost of 8 baht per kilogram, accounting for 11.27 percent, labor cost of 33.75 baht per kilogram, accounting for 47.55 percent, production expenses of 29.23 baht per kilogram, accounting for 41.18 percent, total production cost of 70.98 baht per kilogram, and profitability ratio of 61.50 percent and break-even point. The production cycle of sea grapes is equal to 397,060.56 baht or selling sea grapes for 130 baht per kilogram, approximately 3,054 kilograms. Guidelines for increasing efficiency in costs and returns in sea grape production for farmers include preparing cost and return accounts to enable consideration of calculating the purchase rate or being able to expand on the stock of raw materials, including developing production equipment, as well as gathering sea grape farmers to negotiate buying and selling prices and from the cost of shipping products.