ANALYSIS OF ADDED VALUE AND FEASIBILITY OF SEAWEEDS DODOL PRODUCTS IN UMKM MOFFIN SUMENEP

Abstract

UMKM MOFFIN was established in 2017 and strives to continue to develop in producing seaweed-based products. UMKM MOFFIN is located in Pagar Batu Village, Saronggi District, Sumenep Regency. Added value is the added value that occurs because a commodity undergoes processing, transportation and storage in one production process with the use/provision of functional inputs. While the feasibility analysis includes the calculation of NPV, IRR, Net B/C, and PBP with a comparison between the income obtained and the total costs incurred by the company. This study is to determine the added value of seaweed dodol production in Moffin UMKM and to determine the feasibility of seaweed dodol products in Moffin UMKM using NPV, IRR, Net B / C and PP calculations. The analysis of added value obtained from processing 10 kg of seaweed dodol is 63.30 % of production results. The profit margin obtained from every 5 kg of seaweed is distributed for each factor, namely profit 65.15%, labor 3.87 % and other input contributions of 30.98 %. The feasibility value analysis has Eligible criteria from NPV (net present value) , IRR ( Internal rate of return ) , Net B / C ( Net benefit cost ratio ) and PP (Payback Period). This UMKM has positive added value so it must maintain, increase business activities and expand its marketing. As well as separating income and expenses, preparing profit and loss reports properly.