cost accounting ppt
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ROYAL PEN MANUFACTURING
COMPANY
ROYAL PEN MANUFACTURING
COMPANY
NO. MEMBERS ROLL.NO
1 PRIYANKA MADKE 15
2 FARHIN PARKAR 21
3 KARISHMA VARTAK 44
4 SONAM SHARMA 38
5 ASHITOSH 56
.…GROUP NO:8
INTRODUCTIONROYAL PENS, Incorporated in April
29,1992 By promoter Rajesh.K.Drolia.
ROYAL pens has been awarded with " Certificate For Excellence' by the "Writing Instrument Manufacturer's Organization Of India for the Year 2001-02, & 2002-03.
The company on an average launches 6 New Products every Year.
VISION OF THE COMPANY :"To be India's NO 1 Company in Writing Instruments and Office Stationary Industry Dedicated to Quality and Consistent Performance"
MISSION OF THE COMPANY:
Consistently make good Products at the friendliest Prices.. U can see the SWOT analysis and the cost sheet of the company further
PARTICULARS AMOUNT(RS)
AMOUNT(RS)
DIRECT MATERIAL:
ADD: Opening stock of raw materials 20,000
ADD: purchases of raw materials 50,000
ADD: Carriage inwards 3,000
ADD: dock charges 2,000
LESS: Closing stock of raw materials 50000
25,000
COST SHEET FOR THE MONTH OF DECEMBER, 2010
DIRECT WAGES: 25,000
DIRECT EXPENSES: 30,000
PRIME COST 80,000
PLASTIC 20000UNITS OF RS 1 PER UNIT 20,000
GRIPPER 10000UNITS OF RS 1 PER UNIT 10,000
SPRING 10000UNITS OF 50PAISA EACH 5,000
GEL 1500LITRES AT RS 10 PER LITRE 15,000
DIRECT MATERIAL COST = RS 50000/-
FACTORY OVERHEADS: AMT. AMT.
ADD: Factory rent rates insurance
5,000
ADD: Factory lightening 3,000
ADD: Power fuel and oil 4,200
ADD: Depreciation on machinery
1,000
ADD: Repairs and Maintenance of factory
1,500
ADD: Factory stationary 2,500
ADD: Works managers salary 6,000
ADD: Loose tools written off
1,500
ADD: Factory employees salary
40,000
ADD: Coal consumed
50,000
ADD: Opening stock of work in progress
12,000
LESS: Closing stock of work in progress
15,000 112900
FACTORY COST
192900
ADMINISTRATIVE OR OFFICE OVERHEADS:
AMT. AMT.
ADD: office rent, rates and taxes 3,000
ADD: staff salaries 35,000
ADD: office lightening 10,000
ADD: Printing & stationery 6,000
ADD: managers salary 5,000
ADD: depreciation on office furniture
2,000
ADD: office repairs 3,200
ADD: office conveyance 4,200
ADD: legal expenses 3,000
ADD: gas and water 400
ADD: general expenses 1,000 72,800
COST OF PRODUCTION 2,65,700
ADD: Opening stock of finished goods
70,000
LESS: Closing stock of finished goods
90,000
COST OF FINISHED GOODS
2,45,700
SELLING &DISTRIBUTION OVERHEADS :
AMT. AMT.
ADD: Advertisement 10,000
ADD: Carriage outwards 2,100
ADD: Travelling expenses 3,000
ADD: Packing expenses 5,000
ADD: Loading charges 4,000
ADD: Demonstration expense 3,500
ADD: Expense of delivery van 4,000
ADD: Samples and gifts 15,000
ADD: After sale service 6,200
ADD: Cost of catalogs 1,500 5,43,00
COST OF SALE 3,00,000
PROFIT 3,00,000
SALE 6,00,000
WEAKNESS
OPPORTUNITIES
THREATS
STRENGTH
SWOT ANALYSISSWOT ANALYSIS
STRENGTHSTRENGTH
WEAKNESS
Government restrictions
Unorganized player
OPPORTUNITIES
Rising raw material prices
Anti dumping laws
THREAT
Domestic players
Chinese products
CONCLUSION