Costos de producción y su incidencia en la rentabilidad luego de pandemia en ferretería Inglarek, período 2019 2020.

Abstract

This research project focuses on the study of concrete block production costs at the Inglarek Hardware Store in the province of El Oro in the 2019 - 2020 period after the pandemic. During this year, the hardware store has registered a decrease in its sales and an increase in its costs. The global pandemic has affected some of the country's main sources of income, such as construction. Therefore, the objective of this work is to analyze the cost levels by applying a methodological process of financial study and its accounting relationship in order to determine the impact on profitability for the 2019 - 2020 period. The construction sector is not only one of the main sources of work in Ecuador but also a vital source of foreign investment and concrete block is one of the important construction materials that is marketed in the city of Machala. Indeed, throughout the development of the research, each of the cost elements that participate in the production process and their respective accounting and financial treatment are identified. In order to demonstrate which element has evolved with respect to investment and how essential it is the control of each element in the production area for decision-making, which leads to generating the desired profitability. The research modalities are quantitative and qualitative. Quantitative because it uses accounting information reflected in the accounting records provided by the hardware store, in addition to the application of formulas such as financial indicators such as gross margin, operating margin and net margin; and qualitative, since an analysis is exposed based on each result obtained. The methodology used is empirical and descriptive. Empirical, concerning the accounting data collected from the accounting records provided in the Inglarek hardware store through an interview with the manager and a field visit to verify the information. It is descriptive in relation to the evolutionary analysis that production costs have had on profitability during 2019 – 2020 period. This research is also complemented with the knowledge acquired throughout the career and the review of scientific articles in legal and reliable sources, applicable to the object of study; therefore, it contains basic concepts on production costs and elements of cost, management financial, financial analysis and profitability indicators, among others. The accounting and financial analysis applied through financial indexes, tables and statistical graphs shows that the gross, operational and net profit of the hardware store has decreased relatively for this year compared to the previous one, showing that its sales capacity has decreased while its costs of production have increased. This shows the effect of the pandemic on the productive activity in the hardware store. However, although its economic remains stable to date, it is recommend that this accounting study be carried out periodically for future financial difficulties.