Harga Pokok Penjualan | HPP | Akuntansi Perusahaan Dagang

Summary

This video tutorial explains how to calculate the Cost of Goods Sold (COGS) for trading companies in accounting. It outlines the components necessary for the calculation: beginning inventory, net purchases, and ending inventory. The tutorial provides a step-by-step breakdown of the formula, with examples to calculate the COGS, including how to compute net purchases. By following the provided formulas, viewers can understand how to calculate the COGS based on the information from the balance sheet. The video concludes with practical examples, helping viewers apply the concepts to real-world scenarios.

Takeaways

• 😀 HPP (Cost of Goods Sold) refers to the cost of acquiring or purchasing the goods sold by a trading company.
• 😀 There are three main components for calculating HPP: beginning inventory, net purchases, and ending inventory.
• 😀 Beginning inventory value is taken from the balance sheet.
• 😀 Net purchases are calculated by adding purchase cost and transportation expenses, then subtracting purchase returns and purchase discounts.
• 😀 Ending inventory value is also taken from the balance sheet, adjusted accordingly.
• 😀 The formula for calculating HPP is: Beginning Inventory + Net Purchases - Ending Inventory.
• 😀 To calculate Net Purchases, the formula is: Purchases + Transportation Costs - Purchase Returns - Purchase Discounts.
• 😀 The total available for sale is obtained by adding Beginning Inventory to Net Purchases.
• 😀 Subtracting Ending Inventory from the total available for sale gives the HPP.
• 😀 Practical examples illustrate how to use these formulas to calculate HPP in different scenarios involving purchases, discounts, and transportation costs.
• 😀 The final output for HPP is crucial for determining the true cost of goods sold in a business's financial statements.

Q & A

What is the definition of Cost of Goods Sold (HPP)?

Cost of Goods Sold (HPP) is the purchase price or acquisition cost of the goods that are sold. It represents the direct cost of producing or purchasing the goods that a company sells during a specific period.

What are the three key components used to calculate HPP?

The three key components for calculating HPP are: 1) Beginning inventory, 2) Net purchases, and 3) Ending inventory.

How is net purchases calculated?

Net purchases are calculated by adding purchase costs to shipping expenses, then subtracting purchase returns and purchase discounts. The formula is: Net Purchases = Purchases + Shipping Costs - Purchase Returns - Purchase Discounts.

What is the formula for calculating HPP?

The formula for calculating HPP is: HPP = Beginning Inventory + Net Purchases - Ending Inventory.

How is the beginning inventory value obtained?

The beginning inventory value is obtained from the balance sheet (neraca saldo) of the company.

What is meant by 'ending inventory' in the context of HPP?

Ending inventory refers to the value of the goods remaining unsold at the end of the accounting period. It is also obtained from the balance sheet and is subtracted from the total available goods for sale.

What does the term 'available for sale' refer to in the HPP formula?

'Available for sale' refers to the total value of goods that are available to be sold, which is the sum of beginning inventory and net purchases.

How do we calculate the HPP in the first example provided?

In the first example, the calculation is as follows: Beginning Inventory = Rp10,000, Net Purchases = Rp25,000, Ending Inventory = Rp12,000. HPP = 10,000 + 25,000 - 12,000 = Rp23,000.

What does the 'net purchases' calculation involve in the second example?

In the second example, net purchases are calculated by adding the purchases amount (Rp15,000) and shipping costs (Rp1,000), then subtracting the purchase returns (Rp2,000). This results in net purchases of Rp14,000.

How do you calculate HPP when both cash and credit purchases are involved?

When purchases are made both in cash and credit, the total purchases are the sum of both cash and credit purchases. The net purchases calculation still applies, adding shipping costs and subtracting returns and discounts.