Assessing Craft Value: The Cost of Goods Sold Training for Local Bamboo Craftsmen in Bantul

Abstract

This community service project aims to increase the desirability of the local bamboo craft industry in Wukirsari, Imogiri, Bantul, by improving craftsmen's understanding of management costs through a training program on calculating the cost of goods sold. Although bamboo crafts have high cultural and economic value, many craftsmen still rely on intermediaries to determine product prices, which often results in suboptimal profits. Using a participatory approach, in-depth interviews were conducted with local craftsmen to identify key challenges and training needs. The research findings showed that a lack of knowledge about the cost of goods sold resulted in limited pricing autonomy and reduced profit margins. The follow-up was a practical training on cost calculation, focusing on common products such as baskets and parcel containers. The expected outcome is to show increased awareness among craftsmen about the importance of tracking production costs and determining fair selling prices independently. This initiative highlights the importance of equipping local creative industries with basic financial literacy to strengthen their competitiveness and resilience in the local economy.