Rosmalai

INTRODUCTION:
After Liberation of Bangladesh, intensive efforts were undertaken to accelerate the

rate of industrialization in the country. At the beginning, import substitution and
subsequently export-led economic growth strategy was pursued for industrialization.
In order to attain this objective, large amount of industrial credit was funneled to the
industrial sector. But the whole exercise of industrialization came to a halt with the
massive diversion of resources to other non priority sectors. . Small and medium
enterprises are particularly suitable for densely populated countries like Bangladesh
where SME sector can provide employment with much lower investment per job
provided. Out of 11% employment of the civilian labor force provided by the
manufacturing sector, about one thirds are estimated to be provided by the
Confectionery Business Sector
This report discusses about the differen type of sweets made by some
selective company in comilla, Bangladesh and its problems/Limitations. To do so

it has searched various aspects about the issues in different avenues.
As a student of Management it is needed to get practical knowledge about Field work.
We believe that this report would help me in the long run to understand the Actual
scene of the Sweets Business, which help our practical life.
VISION& MISSION
A strong and successful sweets company, respected by stakeholders with products
enjoyed by consumers as part of a balanced diet .
So, the vision is1. Gathering informations about the safety, quality and taste of confectionery
products, to maintain the culture and tradition of our origins.
2. To confirm that the raw materials are sourced and products manufactured in a
responsible manner from an economical, environmental and social point of view.
Objective of the study:

In line with the research topic, the basic objective of the study is to evaluate costing
system and operation procedure of the different type of sweets made by some
selective company in comilla. To achieve the aim of the research, the study will seek
to answer the following questions:
What is the manufacturing process of CI Sheet and Ridge?.
How costs are accumulated in the functional areas?
Methodology of the Study

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Basically, this study analyses data from primary and secondary sources. Apart from
the review of relevant literatures, the study has analyzed the manufacturing process
and cost accumulation in the cost centers. However, the methodology used in this
study is largely qualitative and explorative. Interviewing the respective labour and
owner of the company, primary data have been collected. The main sources of
secondary data were the Reports of the company operation manual, cost accounting
records etc. The collected data and information have been processed manually and
report in the present form has been prepared in order to make the study more
informative, analytical, and useful for the users.
Limitation of the Study

The study is limited to a single CI Sheet and Ridge manufacturing company. As a
result comparison between two or among more manufacturers in the similar product
line is not possible. Moreover, due to organizational obligation some interviewees
showed reluctant to provide required information.
Different types of sweets

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Specially focus on
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Sondesh
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1. From the following particulars you are required to prepare

a monthly cost of sheet of Vogoboti Pera Vandar showing
the cost of sales, net profit, and sales for the month.
The shop produce different type of sweets, here only consumed
ne item which is SONDESH. The accounts for the month ending
On 28th February, 2014, show the following:
Stock of materials on 1st January, 2014
Materials purchased
Rent, Taxes and Insurance (factory)
Labour wages
Direct expenses
Gas & Water
Managers salary
Depreciaton on plant & machinery
7000
50000
9000
17000
13000
3000
12000
2000
Rent, Taxes & insurance (office)

Gas & Water (office)
Vat 15% on sale
Stock of materials as on 31st December
Travellars salarise & comission
Carriage & cartage outwards
Sale 400kg@475 tk
Note: Raw materials consists of
Milk
20kg*30 days per =600kg*60 tk =36000
Sugar
5kg*30 days per =150kg*50tk = 7500
Flour
5kg*30 days per =150kg* 35tk =5250
SAJ
25Piece*10 tk
= 250
Vagoboti Pera Vandar
Statement of cost
Month ended 28/02/14
7000
1000
8000
2000
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Material consumed:
Opening stock
Purchase raw materials
7000
50000
77000
5000
Less: Closing stock

Labour wages
Direct expenses
Prime cost
Factory Expenses:
Rent, Taxes & Insurance
9000
Gas& Water
3000
2000
Factory cost
Office & Administrative Expenses:
Managers Salary
12000
7000
Gas & Water
1000
Cost of producion
Selling & Distribution Expenses:
8000
2000
Vat 15% on sale
28500
Cost of sale
Net profit (blancing figure)
Sales
62000
17000
13000
82000
14000
96000
20000
116000
38500
154500
35500
190000
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a monthly cost of sheet of Jolojogok showing the cost of
sales, net profit, and sales for the month.
Materials purchased
Labour wages
Direct expenses
Gas & Water
Managers salary
Direct expenses
Vat 15% on sale
Sale toal 400 kg@500tk
5000
60000
10000
17000
13000
3000
15000
2000
8000
1000
6000
8000
2000

Milk
25kg*30 days per =750kg*60 tk =45000
Sugar
7.5kg*30 days per =225kg*50tk = 7850
Flour
6.67kg*30 days per =200kg* 35tk =800
SAJ
25Piece*10 tk
= 250
Jolojog mistannoloy
Statement of cost
Material consumed:
Page | 7
Opening stock
5000
60000
65000
6000
Less: Closing stock

Labour wages
Direct expenses
Prime cost
Factory Expenses:
10000
Gas& Water
3000
2000
Factory cost
Managers Salary
10000
8000
Gas & Water
1000
Cost of producion
8000
3000
Vat 15% on sale
30000
Cost of sale
Net profit (blancing figure)
Sales
59000
17000
13000
79000
15000
95000
29000
118000
41000
159500
60500
200000
Page | 8

a monthly cost of sheet of MIDHAI showing the cost of
sales, net profit, and sales for the month.
8000
Materials purchased
55000
10000
Labour wages
15000
Direct expenses
14000
Gas & Water
3000
Managers salary
14000
3000
7000
2000
Vat 15% on sale
8000
13000
3050
Sale 400kg@520 tk
Milk
22kg*30 days per =660kg*60 tk =39600
Sugar
5.66kg*30 days per =170kg*50tk = 8500
Flour
6.34kg*30 days per =190kg* 35tk =5250
SAJ
25Piece*10 tk
= 250
55000 Tk
Midhai misstannoloy
Statement of cost
Material consumed:
Page | 9
Opening stock
8000
55000
63000
8000
Less: Closing stock

55000
Labour wages
15000
Direct expenses
14000
Prime cost
74000
Factory Expenses:
10000
Gas& Water
3000
3000 16000
Factory cost
90000
Managers Salary
14000
7000
Gas & Water
2000 23000
Cost of producion
113000
Travelers salaries & commission
16000
3050
Vat 15% on sale
31200
50250
Cost of sale
154500
Net profit (balancing figure)
54000
Sales
208000
Limitation:
Since the study is an empirical one based on field-work through the interviews of
sweets shop owners, it has some obvious limitations. These are as follows:
Data collection through primary source or through interview was a time

consuming matter. The respondents sometimes were found non-cooperative
with the interviewers.
Present study covered sweets shop owners in Comilla only. Large scale
business had been kept outside the purview of the present study.
Page | 10
Gathering information from sweets shop owners was sometimes very difficult
as they think their information may be leaked because they are reluctant of
paying TAX and extremely time-consuming. They did not give enough time to
the interviewers.
The study was conducted among 3(three)sweets shop Comilla city only where
all the confectioneries of Comilla city were not covered and as such this may
not reflect the total picture of Comilla city relating to sweets company.
.
In view of time and resource constraints, conducting a comprehensive study in
full depth and width has not been possible.
Recommendation:
1. Highlight the food with large high quality photos with a catalogue. Food is an asset
of the sweet shop so need to get it front and center and tempt people with delicious
looking.
2. A sweet should be well decorated and well furnished.
3. The environment of surroundings should be neat & clean and healthy.
4. Expiry date and manufacturing date of all food products or items must t be
checked; otherwise it will loose its goodwill.
5. The owners motto should be built with a "Strong Brand Image".
6. Loyalty, behavior & honesty must be marginal.
7. Book keeping or recording have to be maintained.
8. The price structure should be reasonable.
9. Products quality should be maintained to increase customer and capture the market.
10. Product differentiation is needed to compete with others.
Conclusion:
Sweets company act as a vital player for the poverty alleviation and rapid
industrialization of the developing countries like our country. Sweets are
significant in underlying countrys economic growth, employment
generation and accelerated industrialization. Government of Bangladesh
should be encouraged and highlighted the importance of confectionery.
As the sweets sector is a small business, it can create more employment
Page | 11
opportunities. Along with poverty alleviation confectionery industry can

reduce the urban migration and increased cash flow in rural areas. As a
result it will enhance the standard of living in rural areas.
Page | 12

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Rosmalai

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INTRODUCTION:

After Liberation of Bangladesh, intensive efforts were undertaken to accelerate the

selective company in comilla, Bangladesh and its problems/Limitations. To do so

Objective of the study:

Methodology of the Study

Limitation of the Study

Different types of sweets

1. From the following particulars you are required to prepare

Rent, Taxes & insurance (office)

Less: Closing stock

2. From the following particulars you are required to prepare

Note: Raw materials consists of

Less: Closing stock

3. From the following particulars you are required to prepare

Less: Closing stock

Data collection through primary source or through interview was a time

opportunities. Along with poverty alleviation confectionery industry can

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