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Introduction of Topic/Sector

1. Introduction of sector

Kansar Resturent is a collective term used for a type of snacks Gujarati cuisine, from the Indian state of Gujarat. Some are fried items which are then dried andcan be stored, others fresh, fried or steamed. Some popular example as

Punjabi Dish

South Indian

Gujarati Thali

Qumtimental Dish

2. brief history of Kansar Resturent:-Kansar Resturent was started as Small Scale shop of Resturent in Year1991Mr. Mahesh Agralwal was started this shop. Initialy Kansar Resturent comeup with 80 type of product range.

3. Address of Kansar Resturent

Kansar Resturent

Contact Person: Mr. Arunbhai

Address: A/101,102,PresidentPlaza,Near R.T.O. Office,Ring Road,Surat,

Phone:9033580001

http://en.wikipedia.org/wiki/Gujarati_cuisinehttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Gujarathttp://en.wikipedia.org/wiki/Gujarathttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Gujarati_cuisine

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Objectives of the study

Objective:-

This study objective is to identifying and Measuring of

cost per unit.

Another objective is making cost sheet for Kansar

Resturent Collection and analysis of cost for cost control. Give suggestion and recommendation to the owner of

Kansar Resturent

Limitation:-

The time duration of assignment that is 15 days is not

sufficient.

In Kansar Resturent there are 100 product ranges but

we take only 5 products for our assignment

Costing data is very private in nature so may be owneris not give accurate of correct information about

costing.

Owner refuses to say truth

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Classification of expenses

Classification of expenses is done by as follows:-

Material cost: Besan Oil Masalas Salt Panner vegetables

Labour cost: Managers salary Workers salary

Maintenance cost: Cleaning materials Electricity bill Telephone bill Fuel Expenses

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Miscellaneous expense:-

Transportation

Depreciation

Packing Cost

Printing Cost

Stationry Cost

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Cost sheetCostsheet of Kansar Resturent

For the 01/04/2012 t o 15/4/2012Particular Rs.

Material Cost

Besan

Oil

Salt

Masalas

Panner

Vegetables

18000

18000

3000

12000

11700

7500

Total (A) 70200

Labour cost:

Managers Salary

Workers Salary

12000

12500

Total (B) 24500

Maintenance cost:

Telephone bills

Light bills

Fuel Expense

3000

10000

65000

Total (c) 78000

Miscellaneous cost:

Transportation

Depreciation

Packing cost

3000

5833

6600

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Printing cost

Stationary cost

6000

1000

Total (D) 21433

(i) Total cost (A+B+C+D) 194133(ii) No of Units 6619

(iii) Cost per unit (rs.) 29.33

Working Note:-

Material Cost:-

Particulars Per day use

(A) (in kg)

Price per kg.

(B)

No. of day

(C)

Amount

(A*B*C)

Besan 20 60 15 18000

Oil 1.5 800 15 18000

Salt 20 10 15 3000

Masala

Panner

Vegetables

8

3

mix

100

260

500

15

15

15

12000

11700

7500

Labour Cost:-

Particulars No. of

workers (A)

Salary pea

day (B)

No. of day

(C)

Amount

(A*B*C)

Manager 2 15 400 12000

Worker 10 15 833.3 12500

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Depreciation:

Price of machinery: 15,00,000

Use of life: 10

Method: Straight line method

So, depreciation for 15 day = 5833

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Daily Sales Records

Punjabi Dish

Date Quantity sold SP per unit Amount of sales

01/04/2012 25 85 2125

02/04/2012 40 85 3400

03/04/2012 15 85 1275

04/04/2012 24 85 2040

05/04/2012 32 85 2720

06/04/2012 45 85 3825

07/04/2012 32 85 2720

08/04/2012 28 85 2380

09/04/2012 30 85 2550

10/04/2012 18 85 1530

11/04/2012 25 85 2125

12/04/2012 39 85 3315

13/04/2012 35 85 2975

14/04/2012 42 85 3570

15/04/2012 45 85 3825

Total 475 85 40375

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South Indian

Date Quantity sold SP per unit Amount of sales

01/04/2012 55 55 3025

02/04/2012 35 55 1925

03/04/2012 57 55 3135

04/04/2012 67 55 3685

05/04/2012 105 55 5775

06/04/2012 108 55 5940

07/04/2012 72 55 3960

08/04/2012 85 55 4675

09/04/2012 96 55 5280

10/04/2012 72 55 3960

11/04/2012 63 55 3465

12/04/2012 99 55 5445

13/04/2012 94 55 5170

14/04/2012 85 55 46775

15/04/2012 105 55 5775

Total 1198 55 65890

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Gujarati Thali

Date Quantity sold SP per unit Amount of sales

01/04/2012 125 120 15000

02/04/2012 85 120 10200

03/04/2012 65 120 7800

04/04/2012 53 120 6360

05/04/2012 74 120 8880

06/04/2012 100 120 12000

07/04/2012 52 120 6240

08/04/2012 67 120 8040

09/04/2012 102 120 12240

10/04/2012 97 120 11640

11/04/2012 58 120 6960

12/04/2012 54 120 6480

13/04/2012 65 120 7800

14/04/2012 82 120 9840

15/04/2012 105 120 12600

Total 1184 120 142080

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Revised cost sheet Particular Rs. Revised

(Rs.)

Material Cost

Besan

Oil

Salt

Masalas

Panner

Vegetables

18000

18000

3000

12000

11700

7500

18000

18000

3000

12000

11700

7500

Total (A) 70200 70200

Labour cost:

Managers Salary

Workers Salary

12000

12500

12000

12500

Total (B) 24500 24500Maintenance cost:

Telephone bills

Light bills

Fuel Expense

3000

10000

65000

3000

10000

65000

Total (c) 78000 78000

Miscellaneous cost:Transportation

Depreciation

Packing cost

Printing cost

3000

5833

6600

6000

2000

5833

6600

5000

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Stationary cost 1000 1000

Total (D) 21433 20433

(i) Total cost (A+B+C+D) 194133 193133

(ii) No of Units 6619 6619

(iii) Cost per unit 29.33 29.17

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Bibliography

Books:-

Paresh Shah Management Accounting Oxford University press