cost accounting ppt

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