Rahat Bakers Project

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    Rahat bake`rsProject of managerial accountingUniversity of central Punjab.

    Submitted to:prof.tariq hussain

    Group membersSaliha javed

    Faiza amen

    Zoya murtaza

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    acknowledgement

    Starting with the name of ALLAH the most beneficent and the most merciful whose

    blessings are abundant and favors are unlimited.

    As a mater a fact, people tend to forget those who are behind there achievements and have

    stood for them whenever they need assistant. Our gratitude will be meaningless if weare not

    grateful to almighty Allah for his indness upon us. His benevolence and blessings have

    made us capable. !e are also very thanful to our Sir. "ari# Hussain for theirind andsympathetic behavior and for giving us this pro$ect, so that we learn a lot from this pro$ect.

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    Table of contents Acknowledge

    Introduction

    vision

    Mission

    Companies detail

    Companys Mottos

    Swot analysis

    Cost breakdown

    Budgeting

    Conclusion

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    Introduction%ahat baery has very high standards in all around the &aistan. "hey are

    offering couple of items all are very very #uality products, some of the best are'

    ( Arguably the best pi))a in all branches.. it is woring for the betterment ofeconomy and have opened yet *+ branches witch are woring tremendously

    and are following all the a#ccounting standards .and also maintain tthir records

    according to the software that they specifically designed for their business.their

    main products ion gu$$ar han are'

    &i))a

    aes

    %olls

    !edding caes

    -read

    ooies

    &ie pastries

    VissionAfter providing best services to their customers in gujjar khan citiy.they

    will expand their business in MANDRA !"#$AM region.

    Mission

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    To satisfy their customers by providing best services and quality

    products.

    Who are they?%ell& they are members of the management& what surprised andimpressed us during the meeting with Rahat's management is thevitality and self(confidence found among the whole team. in the times ofchaos and crisis we have become so accustomed to gloom and doomthat we are not used to hearing upbeat optimistic talk specially in ourpart of the world& #ere is a sweet encounter we had with the Rahat'sManagement&

    DirectorsA jolly team of young directors says that people can hold themaccountable for the general rising weight in the public& we do not blamethem for giving in to the temptation of Rahat)s cakes& pies& cookies&breads... %e ourselves are addicted to the relishing baked stuffprepared at Rahat& *Don)t worry about the weight increase& stick to aregular exercise routine and keep enjoying both the life and Rahat)s

    baked stuff opines one of the directors& *Manage your health as +manage the firm& intelligently& i.e. eat nutritious Rahat)s baked instead ofgorging your self up with unauthentic products on the market& ,says theother. -eems fair enough advice.

    The Teamhe dynamic workforce at Rahat bakers is headed by the more dynamicpersonality& Mr javed i/bal 0 1eneral Manager2& #e has Manager sales

    in 3epsi 1roup and employs this experience the best advantage atRahat 4akers. 4eing extremely methodical. %e tries to develop step(by(step approach to basics in all his affairs. No matter how well theperforms. #e is not satisfied because he is the type who would keep onstriving for still greater achievements +n life . And indubitably he iscapable of doing so.

    Mr. !aved +/bal opnes that an organi5ation can work miracles onlythrough a dedicated& motivated team of workers. #e is proud to have

    such a team that includes members. 6ew of whom have been in servicesince last 78 yearsand by now have become a valuable asset for the

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    firm& hese distinguished members +nclude

    Mr. Akhtar Awan { Admin Manager}Mr. Khalid Rasool {Purchase Manager}

    Mr. Nasir Qureshi { Store Supervisor}

    hey have been associated with -ales Marketing for good period oftime and are responsible for impressive performance and increasinggrowth rate of the firm.

    This is the motto they all follows :We, the Rahat Bakery Company from akistan. out of our convictionfor our profession and motherland . do hereby proclaim that collectively!e !ill uphold ethical and moral values ,produces the highest qualitybaked good products possible sell them at an honest price " maintaine#ceptional customers.

    Cost breakdown

    Variable Cost

    Wages " Carriage charges Rs.$%,%%%

    Fixed Cost

    Rent Rs.&%%,%%%

    'tilities Rs.()%,%%%

    *nsurance Rs.(+,%%%

    Web hosting Rs.(%,%%%

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    alaries Rs.-+%,%%%

    dvertising Rs.(+%,%%%

    Selected products

    i//a

    Cakes

    Rolls

    0ruit salad

    Product cost1)Pizza (monthly 900)

    1aterial

    0lour )%%2+%3-+,%%%

    Chease )%%2+%3-+,%%%

    Chiken )%%2+%3-+,%%%

    4ther ingredients (+%2)%%3(,5+%%%

    6abour &%%2)%%3(7%,%%%

    048 (+%2)%%3(5+,%%%

    Total cost +7+%%%

    er 'nit cost +7+%%%9)%%3Rs.:+%

    rofit3selling price;cost price

    (5% 3 $7%;:+%

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    Cost volume profit analysis

    Contribution margin3selling price;variable cost

    3 $7%;+%%

    3&7%

    Breakeven oint3fi#ed cost9contribution margin

    3 (7%,%%%9&7%

    3-7& units

    Breakeven to get targeted profit

    Targeted income3sales revenue;variable cost;fi#ed cost

    3 -%%,%%%3$7%#;+%%#;(5+%%%

    3 )-: units

    2)Cake (Monthly Production) 450

    1aterial3 :$+%%9&$%

    >3&+%unit

    Targetted *ncome 3selling price;variable cost;fi#ed cost

    &%%,%%% 3:+%#;57%#;:$+%%

    &%%,%%%;:$+%%3&$%#

    >3 (5&+%%9&$%

    3-)%

    Rolls(180dozzens p.m)

    1aterial

    0lour :%2(7%3(%7%%

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    chiken (%%2(7%3(7%%%

    ?agetables (%%2(7%3(7%%%

    auses (%%2(7%3(7%%%

    4ther ingredients :%2(7%3(%7%%

    048 (%%2(7%3(7%%%

    6abour (+%2(7%3&$%%%

    Total cost 3(&%:%%

    er unit cost3(&%:%%9(7%3Rs.:$%

    rofit 3selling price;cost price

    7%3$+%;:$%

    Cost volume profit analysis

    Contribution margin3selling price;variable cost

    3$+%;+&%

    3&5% 3sellin

    Breakeven point3selling price;variable cost;fi#ed cost

    3$+%#;+&%#;&$%%%

    &$%%%3&5%#

    &$%%%9&5%3#

    (($3#

    Targeted profit3 selling price;variable cost;fi#ed cost

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    (+%%%%3$+%#;+&%#;&$%%%

    (+%%%%;&$%%%3&5%#

    (&5%%%3&5%#

    (&5%%%9&5%3#

    +5+3#

    Salad (270packs p.m)

    1aterial

    0ruits +%2&$%3(5+%%

    casto sugur &%2&$%3+-%%

    0resh cream 5%2&$%37(%%

    4ther ingredients &%2&$%3+-%%

    6abour -%2&$%3(%7%%

    048 &%2&$%3+-%%

    Total cost3-7:%%

    er unit cost3-7:%%9&$%3Rs.(7%

    rofit3selling price @cost price

    3&5%;(7%

    3+%

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    Cost volume profit analysis Contribution margin3selling price;variable cost

    3&5%;(:%

    3$%

    Breakeven point3 selling price;variable cost;fi#ed cost

    3&5%#;(:%#;+-%%

    +-%%3$%#

    +-%%9$%3#

    $$3#

    Targeted profit3 selling price;variable cost;fi#ed cost

    5%%%%3&5%#;(:%#;+-%%

    5%%%%;+-%%3$%#

    &-:%%3$%#

    &-:%%9$%3#

    5+(3#

    Rahat bakersCost of production reportFor the month june 2 13tepA(

    'nits started (7%%

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    Completed n transfer (:+%

    Work in process (+% (7%%

    tep A&

    1aterial conversion cost

    'nits completed (:+% (:+%

    Work in process (%+ (%+

    Total units ($++ ($++

    tep 5

    1aterial cost conversion cost

    -+)%%% &:&.&7

    +55$%% 5%-.(%

    Total ))&$%% +&(.%)

    tep -

    Completed !ork in process

    1aterial -5&$:& &$+5).-

    Conversion cost +%($:+ 5()5%.+

    1 Reviews for Rahat Bakers

    R9:A;;A A: Revie!s(5;%:;&%(&+ tar Rating

    http://www.starz.pk/user_details/6bfed1b09e061ad43b21d8f8ea9e9547http://www.starz.pk/user_details/6bfed1b09e061ad43b21d8f8ea9e9547http://www.starz.pk/user_details/6bfed1b09e061ad43b21d8f8ea9e9547
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    Best bakery !ith lavish food item/... no one can doubt about itsquality... thumbs up for the salad bar...

    dnan + Revie!s(&;%:;&%(&+ tar Rating

    =#cellent food quality and variety. ou must try the Rahat i//a.*f ur hungry and u need some fast snacks, find ur !ay to Rahat asapD

    oman 1( Revie!s&7;%(;&%(&+ tar Rating8o! can * not comment on something !hich about R8T BE=RF*n fact * created a login on this !ebsite to comment on Rahat Bakers.4ne of the finest in to!n @ * am a big time fan of it. 1ost likes are theirsalad, bro!nie, mousse and cakes. * kno! they are not paying me for

    their marketing but * al!ays keep on doing that @ a local brand and agreat quality @ !e really need to appreciate such honest businesses. *donGt have anything negative about Rahat.

    u#= h( Revie!s%7;%);&%((+ tar Rating

    The taste of Rahat BakersH items is delecious .

    li 5) Revie!s%$;(%;&%(%+ tar Rating

    http://www.starz.pk/user_details/53bca80a252d4de2e0dd773300fe2915http://www.starz.pk/user_details/d261f6111154be0e09fb7311851c7781http://www.starz.pk/user_details/d0be3c3346d99c99ac0c923cd8200a31http://www.starz.pk/user_details/4453689a8394649747ca17df29fbf2c0http://www.starz.pk/user_details/4453689a8394649747ca17df29fbf2c0http://www.starz.pk/user_details/d0be3c3346d99c99ac0c923cd8200a31http://www.starz.pk/user_details/d261f6111154be0e09fb7311851c7781http://www.starz.pk/user_details/53bca80a252d4de2e0dd773300fe2915http://www.starz.pk/user_details/53bca80a252d4de2e0dd773300fe2915http://www.starz.pk/user_details/d261f6111154be0e09fb7311851c7781http://www.starz.pk/user_details/d0be3c3346d99c99ac0c923cd8200a31http://www.starz.pk/user_details/4453689a8394649747ca17df29fbf2c0
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    * dont think there !ill be a single person in IuJar khan !ho !ould haveanything bad to say about Rahat. *t is indeed !orth a visit everyalternate day. The items are al!ays so fresh and tasty. What iparticularly like about the place is their doughnuts and pi//as.

    *mran K( Revie!s&);%5;&%%)+ tar Rating

    'ndoubtedly best bakery in t!in cities. There cakes and pastries are!onderful their pi//aHs are greatD ; all bakery items are fresh. ;donHtforget their ice;cream shakes and fresh Juices A;L because its reallya!esome.

    1uhammad + Revie!s&%;%&;&%%)- tar Rating

    Rahat is undoubtedly best bakery in to!n... cakes are great ...they havethe best pi//a in to!n...their ice cream n shakes are good. The onlything is they need to consider lo!ering their prices... they are on veryhigh side of it.

    al K&+ Revie!s%&;%(;&%%)+ tar Rating

    Ireat tuff ; salad, sand!iches,drum sticks " the best pi//a in IuJarkhan, everything greatD MonHt forget to get NafilloN from there

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    + tar Rating

    *n bakery products their standard is really high. long !ith all other highquality stuff their pi//as also really rock. They have great taste pi//as

    and are up to the standard of international brands for pi//as like pi//ahut etc, * !ill say little bit more tasty. *f you have not tried pi//a of RahatBakers Just ne#t time choose HRahat BakersH because they really rockon this.

    Bunnu R5+ Revie!s&%;((;&%%7+ tar Rating

    Rahat bakery has very high standards in IuJar khan. They are offeringcouple of items all are very very quality products, some of the best areA; rguably the best pi//a in guJar khan , they take a big price but youget a good pi//a. ; Cakes are out of this !orld do give it a try. ; aladCole slo!,ineapple Chicken, Russian salad at a lot more ask for somesauces !ith the salad and get a free ticket to heaven. ; ll the bakeryitems are fresh and they are all out by midnight seems the stuff Just

    goes out as it comes out of the oven. CanHt live !ithout Rahat bakeryJust too a!esome for any one man to describe all its goodies.

    SWOT ANALYSISSTRENGTHS:

    ricing po!er

    'nique products

    Technology

    http://www.starz.pk/user_details/247a8bea4ff0bb89d6cbffce94df5c14http://www.starz.pk/user_details/247a8bea4ff0bb89d6cbffce94df5c14http://www.starz.pk/user_details/247a8bea4ff0bb89d6cbffce94df5c14
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    *nnovative culture

    trong management

    WEAKNESSES Cost structure

    8igh prices

    OPPORTUNITIES: 0ragmented market

    *nnovation

    e! services

    *nternational e#pansion

    THREATS: Change in taste

    ubsititute products

    "conomies slow down

    -trong competition

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    Conclusion:

    Rahat bakers doing Job tremendously in our city IuJar Ehan.

    lthough there prices are too high but they are giving best taste and

    quality. Their costing of some products are listed above given and also

    budgets of ne#t year is given in detail.