PRINCIPLES OF ACCOUNTING II TMA 0504 2022/2023 Group Assignment LEC TURER’ S NAME: MADAM A L IFAH BINT I HA J I HAMID
Group Member’s MOHAMAD HA K IM BIN MOHD RA Z IB 9 2 205 2 9 MUHAMMAD I Z Z RA Z IN BIN NA ZRI 9 2 20543 NURUL INS Y IRAH BINT I MUHAMMAD NA JHAN 9 2 205 3 1 ABDAH FA QIHAH BINT I ABDUL MUT T A L IB 9 2 20546 KTAC 3 TTAC 8
BANKER TO BAKER COMPANY
Company’s Information 03-5611 0699 [email protected] Persiaran Damai, Seksyen 14, Shah Alam, Selangor.
Table of Content This is the material point that will be delivered in the presentation. Director’s Profile Company’s Background Report Cost of goods manufactured Income Statement Balance Sheet 01 02 03 04 05 06 Cost Volume Profit 07 Ratios 08
male graduated with a Bachelor of Accounting at Universiti Kebangsaan Malaysia started his career with Lion Plantation Sdn. Bhd as an auditor in 2008 eventually promoted to Plantation‘s Accountant in 2007 joined Ace Sport as an auditor and was subsequently promoted to Accountant in 2014 no family relationship with his co-workers and colleagues of the companies that he has worked for no conflicts and corruptions with the company no conviction of any offences in his career experience of 15 years in accounting Director’s Profile
Company’s Background Hakim realised that open a bakery is easy and profitable He asked for his three friends Insyirah, Abdah and Razin to help him manage the bakery Main business activities of our company are production, marketing and finance Under the production, b2b produce only one type of cake B2B is a sole proprietorship company We focused our product for all Malaysian who loved to eat dessert and cakes We use 100% halal raw material One of our biggest competitor is Secret Recipe
Report MIXING DECORATION
Cost of Goods Manufactured
Trial Balance
Income Statement
Balance Sheet
Cost-Volume Profit
Fixed cost Unit Contribution Margin 6112 30.78 Unit Contribution Margin Unit Selling Price 30.78 80 Fixed Cost Contribution Margin Ratio Break-even Analysis Break-even Sales (Unit) Break-even Sales (Dollars) = = = 199 units Contribution Margin Ratio: = = = 38.48% = = 6112 38.48% =RM 15886 Our company need to sell 199 units of cakes or RM 15886 of sales to meet the break-even point. If we sell less than 199 units or RM 15886 of sales, we will get loss. If we sell more than 199 units or RM 15886 of sales, we will get profit.
Discussion This business is profitable Food is easy to find target market No need to invest in expensive equipment or inventory How to improve: Recruit more workers Create a social media Offer new products
Thank You Hopefully, this month’s report can make our company even better