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Cost and Profit Analysis of Wooden Study Table

   

Added on  2023-03-20

7 Pages1478 Words75 Views
ACC2CAD
PRODUCT: TABLE
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Table of Content
Contents
Introduction...........................................................................................................................................3
Point 1...............................................................................................................................................3
Research and Development Cost- Point 2.............................................................................................3
Configuration of the Product- Point 3....................................................................................................4
Production Carried Out- Point 4............................................................................................................4
Work in Process- Point 5.......................................................................................................................5
Cost of Goods Sold- Point 6...................................................................................................................5
Sales Price- Point 7................................................................................................................................6
Selling & Administration Cost................................................................................................................6
Income Statement.................................................................................................................................6
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Introduction
Point 1
The report has been written with an intention to segregate and present the cost and profit
analysis of table. The report presents a detailed break up of cost incurred in manufacturing a
table along with the profit earned on selling the tables. The product dealt is a wooden study
table and primarily use three materials i.e Wood, Fevicol for sticking and iron nails. The
graphic presentation of the table manufactured has been detailed here-in-below:
Reason for designing a Wooden Study Table
The product has been primarily designed to ease studying on laptop as well as with books
while sitting on the bed. The said product shall reduce the cost of entire study table set and
shall require less space compared to a full- fledged study table. The product shall be available
at cheap price in the market and can be purchased by all segment of the society. The chief
characteristic of Product has been detailed here-in-below:
(a) Multi Use table- For Study via Laptop, Book , Dinner table etc;
(b) Less Space Requirement and foldable and placed in cupboard;
(c) Cheap;
(d) Flexible and easily carried;
(e) Can be afforded by all sections of the society;
(f) Rust and Termite Free.
The chief motivation behind developing the product is the trouble faced by myself during my
studies to sit on a chair and study which became quite tiring at times. Thus, in order to
modernise and ease studying, the aforesaid product has been designed and it is expected shall
be well absorbed among the college, school and working professionals.
Research and Development Cost- Point 2
Since the said product does not use any high technology nor does it involve any significant
formula, it shall be worthwhile to state the product development does not have any Research
and Development Cost. The said product has been conceived based on personal experience.
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