goobers choc

Slide 1: 

Arpita-1021239 Darshan-1021213 Jobin-1021219 Rochak-1021256 Rahul-1021226 Rohit-1021229 Saurabh-1021231 Tanu-1021234 Cost Sheet Analysis 1 Under the guidance of Prof. Ramkesh Gupta Submitted By Group 1

Slide 2: 

Cost Sheet It is a statement which is prepared periodically to provide detailed cost of a cost centre or cost unit. A cost sheet not only shows the total cost but also various components of total cost. It may be for a period of a year, a month, or a week. 23 August 2010 2 Cost Sheet Analysis Group 1

Slide 3: 

Classifications Direct cost/Indirect cost Fixed cost/Variable costs/Semi variable cost Product cost/Period costs Controllable cost/Non controllable cost Historical costs/Pre-determined costs Normal cost/Abnormal cost 23 August 2010 3 Cost Sheet Analysis Group 1

Slide 4: 

Various overheads Factory Overheads: - these are indirect expenses of operating the manufacturing division of a concern and include all such expenses incurred by the factory from the receipt of the raw materials until production is completed and the finished product is kept ready for dispatch or disposed off otherwise. Also known as Manufacturing overheads or Works overhead or production overhead. E.g.:- factory overheads include lubricants, power and light, depreciation on plant and machinery and factory building, insurance of plant and factory building. Administration Overheads:-These are the expenses relating to the direction, control and administration [not connected directly with production, sale or distribution] of an undertaking. They are also known as general or office overhead. E.g.:- general management salaries, audit fees, legal charges, postage and telephone, printing and stationery. Selling Overheads: - These are the expenses incurred in connection with selling function that is the cost of activities relating to creating and stimulating demand for the company's products and to secure orders. E.g.:- Selling overheads are advertising, salaries and commission to sale personnel, bad debts etc Distribution Overheads:- They relate to the total indirect cost associated with the distribution of finished products, beginning with the primary packed product available for dispatch and ending with making reconditioned returnable empty container, if any available for re-use. They include packing costs, carriage outwards, delivery van costs, warehousing costs etc 23 August 2010 4 Cost Sheet Analysis Group 1

Slide 5: 

Components of cost statement/sheet Prime cost- direct material + direct labor + direct expenses Works cost/factory cost- prime cost + factory overheads Office and admin cost- works cost + administration overheads Total cost/Cost of sales- cost of production + selling and distribution head 23 August 2010 5 Cost Sheet Analysis Group 1

Slide 6: 

BLUMENTHAL CHOCOLATE COMPANY introduced GOOBERS in 1985 in India. In the year 1993 company had introduced the full variety of chocolate like dark chocolate, chocolate enriched with dry fruits etc. In the year 1995, this company got listed in NSE. In 2009, company has decided to launch a new chocolate (only in Indian market) by the name of “GOOBERS”. This chocolate is especially launched in a way so that it suits the middle class pocket. COMPANY PROFILE 23 August 2010 6 Cost Sheet Analysis Group 1

Slide 7: 

Cost Sheet. The goodwill of the BLUEMENTHAL CHOCLATE COMPANY will help the GOOBERS CHOCOLATES to get the market captured in a shorter span of time. The chocolate will be launched just before Christmas and New Year so that time is perfect to gain the market in max. The company is producing 450000 units of chocolates at the rate of Rs. 16 for which we are incurring the total cost of Rs.7250000 and the total sales of Rs.9000000 which implies that the company is having a profit of Rs.1750000. profit of Rs.4 is gained on the single unit of chocolate. ANALYSIS 23 August 2010 7 Cost Sheet Analysis Group 1

Slide 8: 

BIBLIOGRAPHY www.allchocolate.com www.wikipedia.com www.google.com www.nestle.in www.reviewstream.com www.mouthshut.com Research paper of Amardeep Bradhan. (IILM) 23 August 2010 8 Cost Sheet Analysis Group 1