Project Assessment Survey
Campus: | HYDERABAD| Year/semester| 2010-2012 – II Semester| Level: | ACL II| Assignment Type| Assignment N
Component Name: | Costing LOS & Budgetary Control| Assessor's Name| | Student's Name: | SRIN IVAS M| Reqd Submitting Date| | e-mail id & Mob No| Srinivas. [email protected] com9581049058| Actual Distribution Date| | Stream| Business| Submitted to: |
Certificate by the Student:
Plagiarism is a significant College offence.
I approve that this is usually my own function. I have referenced all relevant materials. (Student's Name/Signatures)
Predicted Outcomes| Examination Criteria| Level based on G, M, G, R system| Feedback| General Parameters
Clarity | Clear understanding of the concept| |
Analytical Thinking- | Capability to analyze the challenge realistically| | | Research Done- | Research completed to solve the problem| | | Format & Presentation- | Concise& clear considering along with presentation| | | Subject matter Specific Guidelines
1 . Understanding the methods of Costing| Clarity of concept| | | 2 . To be able to estimate the unit price and make costing Income & Reduction statement| Precision in expense calculation and preparation of cost sheet| |
Grades| Level Descriptors| Accomplished Yes/No (Y / N)
P| A Move grade is usually achieved by appointment all the requirements defined. | | M| Identify & apply strategies/techniques to find suitable solutions| | D| Demonstrate convergent, lateral and creative thinking. |
Assignment Grading Summary (To be stuffed by the Assessor)
OVERALL ANALYSIS GRADE: |
TUTOR'S COMMENTS ONASSIGNMENT: |
SUGGESTED MAKEUP PLAN (applicable in case the student is asked to re-do the assignment)| | REVISED EXAMINATION GRADE|
TUTOR'S TOUCH UPON REVISED OPERATE (IF ANY)|
Particular date: | Assessor's Name / Signatures:
1 . Answer.
Developing Industry- Nestlé India Limited. Profile:
Nestle India is a subsidiary of Nestle S. A. of Switzerland. Nestle India manufactures many different food products such as infant meals, milk products, beverages, prepared food & preparing food aids, and chocolates & confectionary. Some of the famous styles of Nestle are NESCAFE, MAGGI, MILKYBAR, MILO, KIT KAT, BAR-ONE, MILKMAID, NESTEA, NESTLE TOMATO KETCHUP, NESTLE Milk, NESTLE SLEEK Milk, NESTLE Fresh 'n' Natural Dahl and NESTLE Jeers Rita. �
Cost procedure followed in Nestlé India Ltd. - TOMATO KETCHUP And CHOCOLATES A company's production process assists with determine the best way of accounting due to the costs. Procedure costing is effective whenever relatively homogeneous goods pass through a series of processes and so they receive related amount of producing costs. Nestle accounts for it is vast chocolates chips creation by using a method costing system. Sequential Finalizing:
The devices typically move across a series of manufacturing or producing departments, in each departments or process is surgery that provides the product 1 step nearer to completion. Seite an seite Processing:
This style require several sequential techniques to produce the finished products. Partially finished units will be worked on concurrently in different procedures and then helped bring together in a final procedure for finalization.
STREAM OF MANUFACTURING COSTS THROUGH THE ACCOUNTS OFPROCESS COSTING(Tomato Ketchup).
Nestle India ltd. (chocolates)
Total output sama dengan 4, 40, 000 products
particulars| Costs per unit| Total price
Raw material| |
Cocoa butter| |
Sugar = 3, 00, 000| |
Powdered cocoa solids sama dengan 3, twenty, 000| |
Pea nuts = 2, 00, 000| your five. 16| 3, 20, 500
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