Introduction to Managerial Accounting Submitted to: Hashem Mohammad Khaiyyum (KHM) Lecturer, Department of Accounting and Finance, School of Business & Economics, North South University Submission date: 28thApril, 2018
2 April 28, 2018 Group Project Determining the cost of a product Submitted By NAME ID Yasir Ahmed 1712576030 Shadman Shakib 1712018630
3 April 28, 2018 Letter of Submission 28thApril, 2018 To, Hashem Mohammad Khaiyyum Lecturer, Department of Finance and Accounting, North South University Subject: Request for accepting the report based on determining the cost of biriyani. Dear Sir, First of all, we would like to thank you for giving such a chance to work on a project for our better learning. It is our honour and pleasure to present the final report on determining the cost of a product. And for this product we chose to work on biriyani. As our assigned course, Managerial Accounting requires us to apply the learnings into practical business world. During this project, we were able to relate the concepts that we learned in class into the product of “মায়েরদ াোবিবরোনীহাউজ” and understand how these concepts are practiced in real life. We therefore, thank you again sir for giving such an opportunity for learning practically and happily presenting you our report on the cost of one plate biriyani. Best regards, Yasir Ahmed & Shadman Shakib, North South University
4 April 28, 2018 Executive Summary This report has been made to calculate the cost of one plate biriyani. The shop we chose was “মায়েরদ াোবিবরোনীহাউজ”situated in Mirpur 10. The project is done on the basis of their given information. We have considered that they sell a total number of 200 plates everyday as they mentioned. According to this information it can be seen that a total number of 6000 plates are made every month. So our calculation for the project has been made based on this major information.