THE IMPACT OF PANDEMIC CONDITIONS ON THE DYNAMICS OF COSTS OF A MACHINE-BUILDING ENTERPRISE

Abstract

The study aims to determine the consequences of the impact of pandemic conditions on the change in production costs of a machine-building enterprise. JSC "Mechanical Plant" Orsk is considered as an object of research. Pandemic economic conditions had a negative impact on a number of indicators of the effectiveness of cost management, significantly reducing the profit from sales and the net profit of the enterprise. The authors conducted a factor analysis of the company's revenue. To mitigate the consequences, it was recommended that the company restructure short-term borrowed funds and transfer them into long-term liabilities. The article substantiates the problems, causes and expected effect of the restructuring and transfer of short-term borrowed funds into long-term liabilities of JSC "Mechanical Plant".