Costing Procedure of Nassa Group

Abstract

Nassa Group, is leading manufacturer and exporter of readymade garments in Bangladesh. They are playing vital role to build country’s economy. There are also doing social work for building nation. They have established agriculture university, Madrasa and they are providing scholarship for students. This report has structured in six chapters. Introduction part has been discussed in chapter one. In chapter one it has been discussed about study, background, origin, objective, methodology and limitations of this report. In the second chapter over view of Nassa Group. This chapter contains company’s background, mission, vision, values, products services and business. Third chapter includes theoretical knowledge, costing tools, measurement techniques and the application of costing performance as like discussed about composition of cost of garments, fabrics costing calculation , accessories costing, CM (cost of making) calculation , division of cost ,Job costing, batch costing, statement of cost different costing tools to identify man , machine performance . Fourth chapter is very significant part of the report, before cost control I have to know overall business process, I have tried to show overall business process than costing analysis. It includes the Cost savings from purchase procedure, average selling price per unit, average cost of manufactured per unit, break even analysis, target CM (cost of Making), Pre cost & Post cost calculation, SMV (standard Minutes value) calculation, Bid Cost sheet & Final Cost Sheet, Items wise sales report, Break even calculation to overcome fixed cost. From the analysis the result is quite satisfactory. And made some findings based on analysis. Finally in the last or five chapters some suggestions provide for improvement in costing procedure and over all conclusions is given in this chapter.