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ROYAL PEN MANUFACTURING COMPANY

COST ACCOUNTING PPT

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Page 1: COST ACCOUNTING PPT

ROYAL PEN MANUFACTURING

COMPANY

ROYAL PEN MANUFACTURING

COMPANY

Page 2: COST ACCOUNTING PPT

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

Page 3: COST ACCOUNTING PPT

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.

Page 4: COST ACCOUNTING PPT

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

Page 5: COST ACCOUNTING PPT

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

Page 6: COST ACCOUNTING PPT

DIRECT WAGES:   25,000

DIRECT EXPENSES:   30,000

     

PRIME COST  80,000

Page 7: COST ACCOUNTING PPT

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/-

Page 8: COST ACCOUNTING PPT

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

Page 9: COST ACCOUNTING PPT

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

Page 10: COST ACCOUNTING PPT

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

Page 11: COST ACCOUNTING PPT

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

Page 12: COST ACCOUNTING PPT

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

Page 13: COST ACCOUNTING PPT

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

Page 14: COST ACCOUNTING PPT

WEAKNESS

OPPORTUNITIES

THREATS

STRENGTH

SWOT ANALYSISSWOT ANALYSIS

Page 15: COST ACCOUNTING PPT

STRENGTHSTRENGTH

Page 16: COST ACCOUNTING PPT

WEAKNESS

Government restrictions

Unorganized player

Page 17: COST ACCOUNTING PPT

OPPORTUNITIES

Rising raw material prices

Anti dumping laws

Page 18: COST ACCOUNTING PPT

THREAT

Domestic players

Chinese products

Page 19: COST ACCOUNTING PPT

CONCLUSION