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PREFACE
As a part of the course curriculum the T.Y. B.B.A students are
required to prepare a group project for the paper of practical studies.
For this particular report, we are required to do an analysis on any
specific industry by gathering and analyzing primary and secondary
data. Through this in depth study of ADINATH DYESTUFF
INDUSTRIES, I have been able to relate various management
aspects.
For this purpose, our M.J. COLLEGE OF COMMERCE
affiliated to Bhavnagar University, Bhavnagar, arranged 21 days of
training programme which is necessary for any B.B.A student. This is
in order to sharpen our skills and to bridge the gap of the theory and
practice. I have completed my training at ADINATH DYESTUFF
INDUSTRIES.
My project report will give brief details with clear objectives of all
the departments of ADINATH DYESTUFF INDUSTRIES with its
current affairs and working.
I have received all information and co-operation from the staff
members. I hope so this report fulfills need of the educational
requirements.
PARMAR ARJAN S
DECLARATION
I PARMAR ARJAN S student of M.J. COLLEGE OF
COMMERCE of T.Y.BBA hereby declare that I have undergone the
industrial training at ADINATH DYESTUFF INDUSTRIES and taken
training from 08/11/2010 TO 28/11/2011 i.e. for 21 days. During this
training I was guided by MISS.SWATI MEDAM coordinator of our
college. I ensure that whatever details presented in this project report
is based on my training and information provided by the concerned
organization.
Place: Bhavnagar
Date:
Students Sign
PARMAR ARJAN
PARMAR ARJAN S
ACKNOWLEDGEMENT
Gratitude is certainly to be placed on record at the right time
with the right sense of morality. During the perseverance of this
project, I was supported by different individuals whose names if not
mentioned would be inconsiderate on my part.
I would like to extend our sincere gratitude and also I am
thankful to Principal of Dr K.S. VATALIYA And SWATI MEDAM
coordinator of BBA, who initiated me into the project of ADINATH
DYESTUFF INDUSTRIES. It is indeed been a great learning
experience working under his guidance during the course of project. I
thank him for his invaluable advice and guidance that he provided me
throughout the completion of this project.
I would also like to thank Mr. JASVANTRAI P. GANDHI, the
Partner of ADINATH DYESTUFF INDUSTRIES for his great
assurance for making the project evergreen.
I would also like to thank the librarian of my college, my college
friends & of course my family members who gave me all the support
and backing and always came forward whenever a helping hand was
needed.
Lastly, I would like to thank all those who directly or indirectly
help me in giving final touch up to the project report.
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COMPANY PROFILE
Contact Details
Website
Email
Product Range
Logo
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MANUFACTURING PROCESS
BALL MILLING
PROCESS
SPRAY DRYING PROCESS
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DETAILS OF MACHAINARY
1. Big sizes vessel: The raw materials brought into the factory
are opened on to the ground as per the requirement then it
poured into the vessel where it mixes one with another.
2. Pipe line: The above materials are mixed and then taken
into the Pipeline which passes through pipe to Spray Dyers.
4.
7.
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(iso4)WASHING
Perspiration
HYPO.
Dischargeability
SHADE
(4.0%)
LIGHT(1/1)
MANUFACTURING PRODUCTS
YELLOW FG
(Yell.- 42)
YELLOW GR
(Yell.- 15)
G.YELLOW RNL
(Orange- 107)
4.5
ORANGE 2R
4.5
ORANGE 3R
(Orange- 16)
4.5
4.5
RED C2G
(Red- 106)
RED 5B
(Red- 35)
RED F3B
(Red- 180- A)
V.S.
DYES
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RED RB
(Red- 198- A)
BLUE 3R
(Blue- 28)
4.5
4.5
T-BLUE G
(Blue- 21)
4.5
DK BLUE HR
(Blue- 89)
BLACK B
(Black- 5)
BLACK
N- 150
These are Vinylsulphone based dyes and are very popular because
of brilliancy, reproducibility of shades & can be applied by dyeing &
printing.
ME
DYES
(iso4)WASHING
Perspiration
HYPO.
Dischargeability
SHADE
(4.0%)
LIGHT(1/1)
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YELLOW ME 4 G
(Yell.- 160 A)
6-7
4-5
G.YELLOW MER
(Yell. 145)
6-7
ORANGE ME2 R
(Orange- 122)
4-5
RED ME4 B
(Red- 195)
4-5
RED ME6 B
(Red- 250)
3-4
N- BLUE ME2 G
(Blue- 194)
BLACK
HFGR
These are a bifunctional dye which gives high level fixation & has
very good fastness properties which can be applied at 40 0C to 600C.
ADINATH DYESTUFF INDUSTRIES
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M
DYES
(iso4)WASHING
Perspiration
HYPO.
Dischargeability
SHADE
(4.0%)
LIGHT(1/1)
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YELLOW M4G
(Yell.- 22)
5-6
4.5
ORANGE M2R
(Orange- 4)
RED M5B
(Red- 2)
4-5
4-5
4-5
RED M8B
(Red- 11)
4-5
4-5
4-5
MAGENTA MB
(Violet- 13)
4-5
N. BLUE M3R
These are highly reactive dyes and mainly used for dyeing.
HE
DYES
(iso4)WASHING
Perspiration
HYPO.
Dischargeability
SHADE
(4.0%)
LIGHT(1/1)
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YELLOW HE 4 G
(Yell.- 81)
5-6
4-5
G. YELLOW HER
(Yell.- 84A)
ORANGE HER
(Orange- 84)
4-5
RED HE 7 B
(Red- 141)
4-5
RED HE 8 B
(Red- 152)
4-5
4.5
GREEN HE 4 B
(Green- 19A)
N. BLUE HER
(Blue- 171)
4-5
4-5
These are high exhaust dyes with high fixation efficiency. These dyes
have superior light, wash & rubbing fastness which can be applied at
800C to 850C.
ADINATH DYESTUFF INDUSTRIES
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H
DYES
(iso4)WASHING
Perspiration
HYPO.
Dischargeability
SHADE
(4.0%)
LIGHT(1/1)
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YELLOW H 4 G
(Yell.- 18)
6-7
G. YELLOW HR
(Orange- 12)
ORANGE H2R
(Orange- 13)
4-5
RED H 8 B
(Red- 31)
3-4
N. BLUE RX
(Blue- 59)
4-5
4-5
BLACK HN
(Black- 8)
4-5
4-5
3-4
These are less reactive dyes and are used for dyeing as well as
printing.
NOTE: -
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ORGANIZATION STRUCTURE
MANAGING DIRECTOR
(JASVANTRAI P. GANDHI)
GENERAL MANAGER
(MOHANSINH T. GOHIL)
CENTRAL EXCISE
CONSULTANT
(ARUNSINH N. RATHOD)
CHIEF ACCOUNTANT
(RAMESHBHAI D. GANDHI)
CHIEF CHEMIST
(BATUKGIRI A. GAUSWAMI)
SUPERVISOR
(HARJIBHAI G. BAMBHANIYA)
WORKERS
CLERK
(VASANTBHAI L. MAKWANA)
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AM to 2.00 PM
PM to 4.30 PM
PM to 8.00 PM
PM to 5.20 PM
1st Section
Lunch Time
2nd Section
Tea Time
1st Section
Lunch Time
2nd Section
Tea Time
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EMPLOYEE SERVICES
Employees are said to be the heart of the organization. Without
employees no organization would work proper. Employees should be
provided full services from the organization because they play an
important role in the organization. It is said that An organization is
said to be healthy only and only if its employees are healthy.
Adinath Dyestuffs Industries provides the best services much
more than a small scale industry provides. As it is a small scale
industry and its unit is very small it provides full services to their
employees and their workers. Some of them are as below:
Full Security to the Staff
Public Holiday
Weekly Off
Medical Help to Staff and their Family
Provide Bonus
Insurance
Financial Help
Tea & Coffee as per their time
2 Pairs of Clothes during year
Thus it looks very good to see that the Adinath Dyestuffs Industries
takes very much care for the employee services & thus helps the
workers and the employees all round development and raise their
living standards.
ADINATH DYESTUFF INDUSTRIES
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INTRODUCTION
Finance is the life blood of modern business. Finance is
required to purchase expensive machinery, and also for day to day
expenses on raw materials, labour and operational and
administrative needs of business. All the above functions are carried
out at the top level in the organization and so the management of
finance is also done at the top level management or is carried out by
the finance manager, if any.
Definitions: Financial management means rising of adequate funds at the
minimum cost and using them effectively in the business.
Financial management is concerned with the efficient use of an
important economic resource, namely, Capital Funds.
In Adinath Dyestuff Industries, Financial Management is
handled by their well qualified M.D so their financial position is very
good. All the activities relating to finance are well planned by the
financial management. Adinath Dyestuff Industries is having a
separate financial department. The main aim of this department is to
raise finance at the right time and in right quantity and also to use it
most effectively. And so the financial department carries and solves
all the functions relating to finance. Finally it can be said that financial
management also plays an important role in the organization.
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CHIEF
ACCOUNTANT
ASSISTANT
ACCOUNTANT 1
ASSISTANT
ACCOUNTANT 2
CLERK
CASH
BANK
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CONCLUSION
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INTRODUCTION
In those industries where product passes through distinct
stages of production, the method of costing employed to ascertain
cost of production at each stage is known as Process Costing. It is
possible to ascertain the total desirable. Different quantities and types
of by products and wastages arise in various processes, which
makes it desirable to find out separate cost of each process or
operation for each unit. This method is used by industries where
there is a continuous flow of identical products and it is not possible
to distinguish one unit from another. There are numerous industries
using process costing, some of which are cost of the product even in
these industries, which is not as follows: textiles, chemical works,
soap- making, paints manufacturing, fertilizer industries etc.
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Petroleum
Coal mining
Chemicals
Textiles
Paper
Plastic
Glass
Paints manufacturing
Biscuit works
Soap making
ADINATH DYESTUFF INDUSTRIES
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The following are the fundamental principles of process costing:1. Cost of materials, wages and overhead expenses are collected
for each process or operation in a period.
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4. The finished product along with its cost is transferred from one
process to the next process just like raw materials of that
process.
Materials:
Labour:
Generally, the cost of direct labour is very small part of the cost
of production in industries adopting process costing. The direct
labour element becomes smaller and smaller while the overhead
element increases with the introduction of more and more automatic
machinery.
ADINATH DYESTUFF INDUSTRIES
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Production overhead:
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OBJECTIVE OF STUDY
To find out different elements of cost in each process.
To find out per unit of finish goods of each process.
To make a comparative analysis of cost per kg of output of
each process for the financial year 2008-08 & 2009-10.
To find a trends in the cost per unit of finished goods of each
process in the financial year 2008-09 & 2009-10 and find the
cause of deviation for each process from both a positive angle
(decreasing cost) & negative angle (increasing cost).
ADINATH DYESTUFF INDUSTRIES
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2)
WHAT IS RESEARCH
Research is done to gain some knowledge so as to it may aid in
understanding the information gathered on specific topic. It is
scientific and systematic way of understanding information on
specific and particular subjects. It is a scientific investigation to
understand the case and effect as well as the reasons through
investigation. It is an academic activity and it is to be used in
technical sense.
Research is an original contribution to the existing stock of
knowledge making for its development. It is the pursuit of truth with
ADINATH DYESTUFF INDUSTRIES
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RESEARCH METHODOLOGY
There are some distinctions made between research technique
and research methods. Research techniques refers to the
behaviour and instrument used in performing research operations
such as making observation, recording data, techniques of
processing data.
Research methodology refers to the behaviour and instrument
used in selecting and constructing research technique.
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All those methods which are used by the researchers during the
course of studying his/her research problem are termed as
research methodology. Research methodology is a way to
systematically solve the researcher problem. It may be understood
as a science of studying how research is done scientifically.
Research methodology has may dimensions and research
methods do constitute the part of the research methodology. Thus
the research methodology is not only the research methods but
also consider the logic behind the methods used in the context of
research study and explain by a particular method is used.
RESEARCH DESIGN
The particular structure designed by the researcher for the
purpose of his/her search is known as research design. It is an
arrangement of conditions for collection and analysis of data in a
manner that aims to combine relevance to the research purpose
with economic in procedure.
Thus, the research design is an outline of which the research
will do from operational implication to the final analysis of data.
SOURCE OF DATA :Data has to be collected from the right source so as to serve
the purpose of the research. Data are collected as per the
ADINATH DYESTUFF INDUSTRIES
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PRIMARY DATA :-
The primary source means the data are collected from the first
time directly from the sample or population as per the requirement.
(2)
SECONDRY DATA :-
The secondary data are those which have already been collected by
someone else and which have already past through statistical
process like information available from news paper, magazine,
journals, web sites, books, or periodical reports, data services and
computer data banks.
For my research studies on process costing, I have used
the secondary data and I have a used the following instruments: Cost sheet of the company.
Web site: - www. Adinathindustries.com
Data related to production.
DATA PROCESSING
Any research work machineries out needs proper planning and
execution. It should start with clear- cut objectives, which should be
well, define so the direction of research can be determined.
(2008-2009)
DATA
SR.NO.
1
2
PARTICULARS
Raw-material
introduced
( Rs. 30 per unit )
Direct labours
Mixing
process
Spray
drying
process
Ball
milling
process
Spray
drying
process
6000 kg
-----
-----
-----
25%
15%
35%
25%
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3
4
5
6
7
( Rs. 40000 )
Electricity charges
10%
( Rs. 25000 )
Other raw-material
----( Rs.20 per unit )
Loss in weight
5%
Normal loss
3.34%
Sales price per ton Rs. 3750
30%
25%
35%
-----
-----
545 kg
7%
3%
6%
4%
7%
3%
KGs
6000
-
Rs.
180000
10000
2500
PARTICULARS
By Loss in weight
By Normal loss
By Process:-2 A/C
KGs
300
200
5500
Rs.
192500
Total
6000
192500
Total
6000
192500
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KGs
5500
-
Rs.
192500
6000
7500
PARTICULARS
By Loss in weight
By Normal loss
By Process:-3 A/C
KGs
385
165
4950
Rs.
206000
Total
5500
206000
5500 206000
KGs
4950
-
Rs.
206000
14000
6250
PARTICULARS
By Loss in weight
By Normal loss
By Process:-3 A/C
KGs
297
198
4455
Rs.
226250
Total
4950
226250
4950 226250
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= 4455
Normal cost per unit for normal output = Total cost Normal output
= 226250 4455
= Rs. 50.78 per kg
Spray drying process A/C
PARTICULARS
By Process:-3 A/C
To other raw
material
To Direct labour
KGs
4455
545
Rs.
226250
10900
PARTICULARS
By Loss in weight
By Normal loss
KGs
350
150
Rs.
-
10000
By Finished good
A/C
4500
258000
To Electricity
To packaging exp
8750
2100
5000
258000
Total
5000 258000
Total
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4500 kg
?
= 75 kg
2009-2010
DATA
SR.NO.
1
2
3
4
5
PARTICULARS
Raw-material
introduced
( Rs. 35 per unit )
Direct labours
( Rs.110000 )
Electricity charges
( Rs. 60000 )
Other raw-material
( Rs.25 per unit )
Loss in weight
Mixing
process
Spray
drying
process
Ball
milling
process
Spray
drying
process
10500 kg
-----
-----
-----
25%
15%
35%
25%
10%
30%
25%
35%
-----
-----
-----
918 kg
5%
7%
6%
7%
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6
7
Normal loss
3.34%
Sales price per ton Rs. 4500
3%
4%
3%
KGs
10500
-
Rs.
367500
2750
6000
PARTICULARS
By Loss in weight
By Normal loss
By Process:-2 A/C
Total
10500
401000
Total
KGs
525
350
9625
Rs.
401000
10500 401000
KGs
9625
-
Rs.
401000
16500
18000
PARTICULARS
By Loss in weight
By Normal loss
By Process:-3 A/C
KGs
634
289
8702
Rs.
435500
Total
9625
435500
9625 435500
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Normal cost per unit for normal output = Total cost Normal output
= 435500 8702
= Rs. 50.05 per kg
Ball milling process A/C
PARTICULARS
By Process:-2 A/C
To Direct labour
To Electricity
Total
KGs
8702
-
Rs.
435500
38500
15000
PARTICULARS
By Loss in weight
By Normal loss
By Process:-3 A/C
KGs
522
348
7832
Rs.
489000
Total
8702
489000
8702 489000
KGs
7832
918
Rs.
489000
22950
PARTICULARS
By Loss in weight
By Normal loss
KGs
613
262
Rs.
-
27500
By Finished good
7875
564500
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A/C
To Electricity
To packaging exp
Total
21000
4050
8750 584500
Total
8750
584500
7875 kg
?
Mixing process
2)
3)
4)
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RESEARCH FINDING
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SUGGESTIONS
In the ADINATH DYSTUFF PVT LTD used method of
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LIMITATION OF STUDY
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CONCLUSION
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BIBLIOGRAPHY
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