ASSIGNMENT ACCOUNT REPORT DELIICIOUS COOKIES SDN BHD

KOLEJ PROFESSIONAL MARA BANDAR. MELAKA

MANUFACTURING

ACCOUNTING 1023

LECTURER’S NAME: PN. KAMILAH BINTI MOHD NO. ID
NAME BMF20-07-009
BMF20-07-032
1. MEOR MUHAMMAD BIN ABDOL JALIL BMF20-07-029
2. NURAISHA BT AHGEMI BMF20-07-043
3. NUR ‘AQILAH NAJIHAH BINTI NASRON BMF20-07-044
4. NOOR ZURLIANA SHAMIMY BT ZUL DBF2A
5. NUR ADRIENA RISHA BINTI MOHD RIDZUAN

CLASS

1

Table of content

COMPANY BACKGROUND....................................................................................................................... 3
VISION ..................................................................................................................................................... 4
MISSION .................................................................................................................................................. 4
ORGANIZATION CHART ............................................................................ Error! Bookmark not defined.
INTRODUCTION OF PRODUCT................................................................................................................. 6
COMPARISON PRICE FOR EACH RAW MATERIAL..................................................................................13
NON-CURRENT ASSETS .........................................................................................................................26
Prime cost .............................................................................................................................................27
Direct Raw Material ............................................................................................................................27
Direct Labour.......................................................................................................................................27
Direct Expenses ..................................................................................................................................27
Factory cost...........................................................................................................................................28
Factory Overheads..............................................................................................................................28
Forecast................................................................................................................................................. 30
FORECAST PURCHASES .........................................................................................................................31
TRIAL BALANCE .....................................................................................................................................32
MANUFACTURING ACCOUNT ...............................................................................................................34
STATEMENT OF PROFIT OR LOSS ..........................................................................................................35
STATEMENT OF FINANCIAL POSITION ..................................................................................................36
CONCLUSION......................................................................................................................................... 37
REFERENCES .......................................................................................................................................... 38
APPENDICES ..........................................................................................................................................39

2

COMPANY BACKGROUND

The development of these cookies brand started with a very small store and a
basic recipe for producing the cookies. After a lot of hard work, dedication and
teamwork on improving the recipe we finally produced one of the best cookies.
Gradually, there is a lot of demand because our cookies are one of the favourite
dessert foods for the teenagers today.

The increase in demand makes us achieve the goal to open the Delicious
Cookies Sdn. Bhd. Company. Then it was established in January 2020 in the state of
Perak. This company produces products that are popular with the public, namely
cookies with various types of flavours.

3

VISION

Give a fantastic taste of
Every bite of cookies

MISSION

Serves each cookie with quality ingredients
and meets the tastes of customers. Freshly
baked every day. To ensure that the business
receives an overwhelming response from fans
of cookies and can expand the business to

the rest of the world

4

ORGANIZATION CHART

Board

Director
(Meor Muhammad)

Production Marketing Investment Technical
Department Department Department Department
(Nur ‘Aqilah Najihah) (Nuraisha) (Noor Zurliana) (Nur Adriena)

( Market Analyst Research Research
Production Planning Development
Trade Marketing Planning
Technical Design Product Design
Promotions Engineering
Maintenance Technical Audit

QA Manager Public Relations Technical Service

Advertising Creative Customer Service

5

INTRODUCTION OF PRODUCT

CHOCOLATE CHIPS COOKIES WITH
CORNFLAKES NNALMOND
We choose cornflakes and almond as a special
thing in this cookies which is give a new
wonderful taste of crunchiness that brings
a fun taste to build up in good morning.
Most important thing our cookies are freshly baked every day and the
price are worth it to buy and cheap even the taste given was fantastic.

RED VELVET
CHOCOLATE CHIPS
WITH NNALMOND

We have also include a new
flavour of our cookies which is
red velvet , the special thing
about this cookies is the colour
make people attracted to choose
and the combination of chocolate
chips and almond not give a
boring taste anymore especially
in the morning or anytime you
choose to eat cookies.

6

RECIPES OF CHOCOLATE CHIPS COOKIES
WITH CORNFLAKES NNALMONDS

INGREDIENTS

500 G WHEAT FLOUR

50 G CASTER SUGAR

50 G BUTTER

30 G BROWN SUGAR

1 EGG

5 G BAKING POWDER

20 G CHOCOLATE CHIPS INSTRUCTIONS
5 G SALT
2 ML VANILLA ESSENSE 1. Preheat the oven to 350°F. Line two
10 G ALMONDS cookie sheets with baking paper.
50 G CORNFLAKES Place the almonds in a dry skillet over
medium heat. Stirring often, toast
https://youtu.be/bmuKTGxM80I them for 2 to 3 minutes until fragrant.
Tip out onto a chopping board and
leave to cool.

2. In the same skillet, melt the butter over low heat until just melted. Pour into a
medium bowl and add the caster sugar, brown sugar, salt, and vanilla essence. Stir
well to combine, then add the egg and beat it in quickly. Sift in the flour, baking
powder, and, then stir until a few floury patches remain in the dough. Touch the
dough to test the temperature — if it is warm, pop it into the fridge for a few
minutes to cool it down (so the chocolate chips won't melt).

3. Roughly chop the toasted almonds. Add the chopped almonds and
chocolate chips to the bowl and gently stir into the dough. Last touch add the
cornflakes into it and mix it gently.

4. Roll heaping tablespoons of dough into balls. Place onto a lined cookie sheet
spaced about 2 inches apart. Bake for 7 to 10 minutes, until golden around the
edges with a soft centre. Let the cookies sit on the tray for a minute then transfer to
a wire rack to cool completely.

7

RECIPES OF RED VELVET CHOCOLATE CHIPS INGREDIENTS
WITH NNALMOND. 500 G WHEAT FLOUR

50 G CASTER SUGAR

50 G BUTTER

30 G BROWN SUGAR

1 EGG

5 G BAKING POWDER

20 G CHOCOLATE CHIPS

5 G SALT
2 ML VANILLA ESSENSE
10 G ALMONDS
2 ML RED FOOD COLOURING
20 G COCOA POWDER
.

INSTRUCTIONS

1. Preheat the oven to 350°F. Line two cookie sheets with baking paper.
Place the almonds in a dry skillet over medium heat. Stirring often, toast them
for 2 to 3 minutes until fragrant. Tip out onto a chopping board and leave to
cool. Whisk the flour, cocoa powder, baking powder and salt into a bowl setaside

2. In the same skillet, melt the butter over low heat until just melted. Pour into a
medium bowl and add the caster sugar, brown sugar, salt, and vanilla essence.
Stir well to combine, then add the egg and red food colouring beat it in quickly.
Sift in the flour, baking powder, and, then stir until a few floury patches remain
in the dough. Touch the dough to test the temperature — if it is warm, pop it
into the fridge for a few minutes to cool it down (so the chocolate chips won't
melt).

3. Roughly chop the toasted almonds. Add the chopped almonds and
chocolate chips to the bowl and gently stir into the dough. Last touch add the
cornflakes into it and mix it gently.

4. Roll heaping tablespoons of dough into balls. Place onto a lined cookie sheet
spaced about 2 inches apart. Bake for 7 to 10 minutes, until golden around the
edges with a soft centre. Let the cookies sit on the tray for a minute then
transfer to a wire rack to cool completely.

8

RAW MATERIAL

PLAIN FLOUR
Known as wheat flour or all-purpose
flour. This flour is made from a
mixture of course and fine wheat and
is used to make cookies.

EGGS
In general, eggs are one of the most
important ingredients when we want
to make cookies. The function of the
egg is to blend all the ingredients in
the batter & moisturize the texture.

BAKING POWDER
Is a baking agent that contains
bicarbonate of soda and the acidic
substance of cream of tartar in its
content Acts to release carbon dioxide
gas in the batter to raise & expand the
batter during baking.

BROWN SUGAR
brown sugar can makes cookies
moister and chewier

9

CASTER SUGAR
Castor sugar is slightly finer and
dissolves more easily. It is often used
in baking cookies because of its light
texture

BUTTER
The function of butter in cookies is
important. It is to build the structure,
butter is 'the glue' in the dough
between the sugar and the flour

CHOCOLATE CHIP
Chocolate chip in cookies will make it
looks more interesting. It can make
cookies more addictive especially when
the chocolate chips melt in the mouth.

FOOD COLOURING LIQUID
Food colouring is a collared object that
has a chemical affinity for food that is
collared. The purpose of colouring is to
make the food look more colourful so
that it attracts the attention of
consumers

10

COCOA POWDER
Cocoa powder is great for making
cookies because like unsweetened
baking chocolate, it will gives more
freedom to shape the sweetness and
flavour of the cookies.
CORNFLAKES
Cornflake can make cookies crunchier.
Crunchy on the outside but chewy in
the middle, so it can make every bite a
perfect crunch

ALMONDS
Almonds are such great baking
ingredients. It is because of their
flavour wonderful. It buttery, crunchy,
chewy all at the same time.

SALT
Salt is used to evoke delicious taste in
other ingredients used and can control
the sweetness of cookies

11

ESSEN VANILLA
Vanilla essence is extracted from
vanilla beans and is used to flavour
several desserts and dishes. It is the
extract that is made from vanilla
beans. It will enhance the cookies taste
and smell.

12

COMPARISON PRICE FOR EACH RAW
MATERIAL

WHEAT FLOUR

RM1.35/ 1 kg RM3.40 / 1 kg RM 2.80/ 1 kg
500g for 1 jar of cookies 500g for 1 jar of cookies
500g for 1 jar of cookies 15000g (15 kg) for 30 jar of 15000g (15 kg) for 30 jar of
15000g (15 kg) for 30 jar of
cookies cookies
cookies 15000g (15 kg) × 30 days 15000g (15 kg) × 30 days
15000g (15 kg) × 30 days 450000g (450kg) × 12 month 450000g (450kg) × 12 month
450000g (450kg) × 12 month
=5400000g (5400 kg) =5400000g (5400 kg)
=5400000g (5400 kg) We use 5400 packet wheat We use 5400 packet wheat
We use 5400 packet wheat
flour for a year flour for a year
flour for a year 5400 × RM3.40 5400 × RM2.80
5400 × RM1.35
=RM 18360 =RM 15120
= RM 7290

Brands of lily, Faiza and Baker’s Choice are good flour. But we still choose Baker’s
Choice flour because the price is affordable and it is suitable for producing our
cookies.

13

CASTER SUGAR

RM2.70 / 500 g RM 4.8/ 500 g RM 4.5 / 500g
50g for 1 jar of cookies 50g for 1 jar of cookies 50g for 1 jar of cookies
1500g (1.5 kg) for 30 jar of 1500g (1.5 kg) for 30 jar of 1500g (1.5 kg) for 30 jar of

cookies cookies cookies
1500g (1.5 kg) × 30 days
1500g (1.5 kg) × 30 days 1500g (1.5 kg) × 30 days
45000g (45kg) × 12 month 45000g (45kg) × 12 month 45000g (45kg) × 12 month
=540000g (540 kg)
=540000g (540 kg) =540000g (540 kg)
We use 540 packet caster We use 540 packet caster We use 540 packet caster
sugar for a year
540 × RM2.70 sugar for a year sugar for a year
= RM 1458 540 × RM4.80 540 × RM4.50

= RM 2592 = RM 2430

For sugar, we choose Gula Prai because it is the good one than the others
even the price is cheaper. So we can keep our savings for other material.

14

BUTTER

RM 3.30 / 250 g RM 3.90 / 250 g RM 4.50 / 250 g
50g for 1 jar of cookies 50g for 1 jar of cookies 50g for 1 jar of cookies
1500g (1.5 kg) for 30 jar of 1500g (1.5 kg) for 30 jar of 1500g (1.5 kg) for 30 jar of

cookies cookies cookies
1500g (1.5 kg) × 30 days 1500g (1.5 kg) × 30 days 1500g (1.5 kg) × 30 days
45000g (45kg) × 12 month 45000g (45kg) × 12 month 45000g (45kg) × 12 month

=540000g (540 kg) =540000g (540 kg) =540000g (540 kg)
We use 540 butter for a year We use 540 butter for a year We use 540 packet butter for

540 × RM3.30 540 × RM 3.90 a year
= RM 1287 = RM 2106 540 × RM4.50

= RM 2430

We choose Anchor brand than the others because the price is reasonable as we
want to produce the best cookies for our customer.

15

EGGS GRADE B GRADE C
GRADE A

RM0.25 / an egg RM 0.23 / an egg RM 0.21 / an egg
1 for 1 jar of cookies 1 for 1 jar of cookies 1 for 1 jar of cookies
30 eggs for 30 jar of cookies 30 eggs for 30 jar of cookies 30 eggs for 30 jar of cookies
30 eggs × 30 days 30 eggs × 30 days 30 eggs × 30 days
900 eggs × 12 month
900 eggs × 12 month 900 eggs × 12 month
=10800 eggs =10800 eggs =10800 eggs
We use 10800 eggs for a year
We use 10800 eggs for a year We use 10800 eggs for a year
10800 eggs × RM0.25 10800 eggs × RM0.23 10800 eggs × RM0.21
= RM 2700 = RM 2484 = RM 2268

For eggs we choose grade A because even though it is not the cheapest it is the
most perfect one among the others in producing a delicious cookie in an affordable
price.

16

ALMONDS

RM5.50/ 500g RM 6.20/ 500g RM8.00/ 500g
10g for 1 jar of cookies 10g for 1 jar of cookies 10g for 1 jar of cookies

300g (0.3 kg) for 30 jar of 300g (0.3 kg) for 30 jar of 300g (0.3 kg) for 30 jar of
cookies cookies cookies

300g (0.3 kg) × 30 days 300g (0.3 kg) × 30 days 300g (0.3 kg) × 30 days
9000g (9kg) × 12 month 9000g (9kg) × 12 month 9000g (9kg) × 12 month

=108000g (108 kg) =108000g (108 kg) =108000g (108 kg)
We use 108 packet almonds We use 108 packet almonds We use 108 packet almonds

for a year for a year for a year
108 × RM5.50 108 × RM6.20 108 × RM8.00
= RM669.60
= RM594 = RM864

There are many brands of almonds. But still, we choose Nutraj. Nutraj
almond is very high quality and it is the best for our cookies.

17

BROWN SUGAR

RM 2.30 / 500 gram RM 5.65 / 500gram RM 4.25/ 500 gram
30g for 1 jar of cookies 30g for 1 jar of cookies 30g for 1 jar of cookies
900g (0.9 kg) for 30 jar of 900g (0.9 kg) for 30 jar of 900g (0.9 kg) for 30 jar of

cookies cookies cookies

900g (0.9 kg) × 30 days 900g (0.9 kg) × 30 days 900g (0.9 kg) × 30 days
27000g (27kg) × 12 month 27000g (27kg) × 12 month 27000g (27kg) × 12 month

=324000g (324 kg) =324000g (324 kg) =324000g (324 kg)
We use 324 packet brown We use 324 packet brown We use 324 packet brown

sugar for a year sugar for a year sugar for a year
324 × RM2.30 324 × RM5.65 324 × RM4.25
= RM1830.60
= RM745.2 = RM1377

We choose Gula Prai because the price is cheap. Gula Prai brand is good
enough to makes cookies moister and chewier for our cookies product

18

COCOA POWDER

RM15.60 / 1kg RM36 / 1kg RM18.90 / 1kg
20g for 1 jar of cookies 20g for 1 jar of cookies 20g for 1 jar of cookies
600g (0.6 kg) for 30 jar of 600g (0.6 kg) for 30 jar of 600g (0.6 kg) for 30 jar of

cookies cookies cookies
600g (0.6 kg) × 30 days 600g (0.6 kg) × 30 days
600g (0.6 kg) × 30 days
18000g (18kg) × 12 month 18000g (18kg) × 12 month 18000g (18kg) × 12 month
=216000g (216 kg) =216000g (216 kg)
=216000g (216 kg)
We use 216 packet cocoa We use 216 packet cocoa We use 216 packet cocoa
powder for a year powder for a year
powder for a year 216 × RM36 216 × RM18.90
216 × RM15.60 = RM7776 = RM4082.4

= RM3369.6

We choose Barry Callebaut brand for cocoa powder because it is the best
one. It very suitable for our cookies recipe also the price is reasonable

19

CORNFLAKES

RM13.48 / 1 kg RM13.55 / 1kg RM19.70 /1kg
50g for 1 jar of cookies 50g for 1 jar of cookies 50g for 1 jar of cookies
1500g (1.5 kg) for 30 jar of 1500g (1.5 kg) for 30 jar of 1500g (1.5 kg) for 30 jar of

cookies cookies cookies
1500g (1.5 kg) × 30 days 1500g (1.5 kg) × 30 days 1500g (1.5 kg) × 30 days
45000g (45kg) × 12 month
45000g (45kg) × 12 month 45000g (45kg) × 12 month
=540000g (540 kg) =540000g (540 kg) =540000g (540 kg)
We use 540 cornflakes for a
We use 540 cornflakes for a We use 540 cornflakes for a
year year year
540 × RM19.70
540 × RM13.48 540 × RM13.55
= RM 7279.2 = RM 7317 = RM 10638

Baker's hub brand price is the cheapest among the others. We choose it
because we need a large amount of cornflake for our cookies

20

RED FOOD COLOURING

RM2.70 / 25ml RM3.20 / 25ml RM4.5 / 25ml
2ml for 1 jar of cookies 2ml for 1 jar of cookies 2ml for 1 jar of cookies
60ml (0.06 l) for 30 jar of 60ml (0.06 l) for 30 jar of 60ml (0.06 l) for 30 jar of

cookies cookies cookies
60 ml (0.06 l) × 30 days 60 ml (0.06 l) × 30 days 60 ml (0.06 l) × 30 days
1800 ml (1.8 l) × 12 month 1800 ml (1.8 l) × 12 month 1800 ml (1.8 l) × 12 month

=21600 ml (21.6 l) =21600 ml (21.6 l) =21600 ml (21.6 l)
We use 22 bottle for a year We use 22 bottle for a year We use 22 bottle for a year

22 × RM 2.70 22 × RM 3.20 22 × RM 4.5
= RM 59.4 = RM 70.4 = RM 99

Star brand is selected for our colouring food liquid because it is quite good
and the best of it is the price is very affordable

21

BAKING POWDER

RM4.41 / 500g RM4.90 / 500g RM14 / 500g
5g for 1 jar of cookies 5g for 1 jar of cookies 5g for 1 jar of cookies
150g (0.15 kg) for 30 jar of 150g (0.15 kg) for 30 jar of 150g (0.15 kg) for 30 jar of

cookies cookies cookies
150g (0.15 kg) × 30 days 150g (0.15 kg) × 30 days 150g (0.15 kg) × 30 days
4500g (4.5kg) × 12 month 4500g (4.5kg) × 12 month 4500g (4.5kg) × 12 month

=54000g (54 kg) =54000g (54 kg) =54000g (54 kg)
We use 54 packet baking soda We use 54 packet baking We use 54 packet baking soda

for a year soda for a year for a year
54 × RM4.41 54 × RM4.90 54 × RM14
= RM 238.14 = RM 264.6 = RM 756

We choose Royal brand for baking powder. It is because it most suitable
for our cookies recipe and the price is reasonable

22

CHOCOLATE CHIP

RM13.5 / 1kg RM14.8 / 1kg RM37/ 1kg
20g for 1 jar of cookies 20g for 1 jar of cookies 20g for 1 jar of cookies
600g (0.6 kg) for 30 jar 600g (0.6 kg) for 30 jar of 600g (0.6 kg) for 30 jar of

of cookies cookies cookies
600g (0.6 kg) * 30 days 600g (0.6 kg) × 30 days 600g (0.6 kg) × 30 days

18000g (18kg) × 12 18000g (18kg) × 12 18000g (18kg) × 12
month month month

=216000g (216 kg) =216000g (216 kg) =216000g (216 kg)
We use 216 packet We use 216 packet We use 216 packet
chocolate chip for a year chocolate chip for a year chocolate chip for a year

216 × RM13.5 216 × RM14.8 216 × RM37
= RM2916 = RM3196.8 = RM7992

We choose Callebaut brand for chocolate chip. Chocolate chip is one of
important ingredients in cookies. We found that Callebaut brand is the
best among the others also we want to produce the best cookies.

23

SALT

RM 0.80 / 450 g RM 1.75 /450g RM1.80 / 450 g

5g for 1 jar of cookies 5g for 1 jar of cookies 5g for 1 jar of cookies
150g (0.15 kg) for 30 jar of 150g (0.15 kg) for 30 jar of 150g (0.15 kg) for 30 jar of

cookies cookies cookies
150g (0.15 kg) × 30 days 150g (0.15 kg) × 30 days 150g (0.15 kg) × 30 days
4500g (4.5kg) × 12 month 4500g (4.5kg) × 12 month 4500g (4.5kg) × 12 month

=54000g (54 kg) =54000g (54 kg) =54000g (54 kg)
We use 54 packet salt for a year We use 54 packet salt for a We use 54 packet salt for a

54 × RM0.80 year year
= RM 43.2 54 × RM1.75 54 × RM1.80
= RM 97.20
= RM 94.5

We choose Ds hijau at the first place because the price is cheaper. We are
using 54 packet only for a year. So, it can save a lot of money for a salt.

24

VANILLA ESSENCE

RM2.39 / 250ml RM2.70 / 25ml RM3.20 / 25ml
2ml for 1 jar of cookies 2ml for 1 jar of cookies 2ml for 1 jar of cookies

60ml (0.06 l) for 30 jar of 60ml (0.06 l) for 30 jar of 60ml (0.06 l) for 30 jar of
cookies cookies cookies

60 ml (0.06 l) × 30 days 60 ml (0.06 l) × 30 days 60 ml (0.06 l) × 30 days
1800 ml (1.8 l) × 12 month 1800 ml (1.8 l) × 12 month 1800 ml (1.8 l) × 12 month

=21600 ml (21.6 l) =21600 ml (21.6 l) =21600 ml (21.6 l)
We use 22 bottle for a year We use 22 bottle for a year We use 22 bottle for a year

22 × RM 2.39 22 × RM 2.70 22 × RM 3.20
= RM 52.58 = RM 59.4 = RM 70.4

Star brand is very good of essence vanilla. We choose it because of the
high quality. Plus, the price is very reasonable.

25

NON-CURRENT ASSETS

DELIVARY VAN SHAPING MACHINE

MIXING MACHINE OVEN

PACKAGING MACHINE

26

Prime cost

Prime cost= direct raw material + direct labour + direct expenses

Direct Raw Material TOTAL FOR A YEAR (RM)
15120
1. WHEAT FLOUR 1458
2. CASTER SUGAR 2430
3. BUTTER 2700
4. EGGS 756
5. BAKING POWDER 3370
6. COCOA POWDER 53
7. VANILLA ESSENCE 43
8. SALT 7279
9. CORNFLAKES
10. ALMONDS 864
11. RED FOOD COLOURING 59
12. BROWN SUGAR
13. CHOCOLATE CHIP 745
7992
42869

Direct Labour TOTAL (RM)
8000
1. WAGES

Direct Expenses TOTAL (RM)
8000
1. ROYALTIES

27

Factory cost

=Prime Cost + Factory Overheads

Factory Overheads

Indirect Material TOTAL (RM)
65
1. CLEANING MATERIAL

Indirect Labour TOTAL (RM)
32000
1. WAGES

Indirect Expenses TOTAL (RM)
6604
1. REPAIR & MAINTANENCE OF
MACHINERY 55
7500
2. DELIVERY VANS 14159
3. LIGHTING

PRIME COST= direct raw material + direct labour + direct
expenses

FACTORY OVERHEADS=Indirect material + Indirect labour +
Indirect expenses

FACTORY COST= PRIME COST + FACTORY OVERHEADS

28

CALCULATION COST OF RAW MATERIAL CONSUMED
Purchases of raw material + Carriage inward – Discount received – closing
inventory of raw material
= 42,869 + 4,000 – 2375 - 24,000
= 20,494

CALCULATION PRIME COST

PRIME COST= direct raw material + direct labour + direct
expenses

= 20,494 + 8,000 + 8,000
= 36,494
CALCULATION TOTAL PRODUCTION COST
PRIME COST + INDIRECT MANUFACTURING COST
= 36,494 + 90199
= 126,693

29

Forecast sales Quantity Price per jar Total
(RM) (RM)
Month 620 30 18600
640 30 19200
1. January 645 30 19350
2. February 660 30 19800
3. March 672 30 20160
4. April 675 30 20250
5. Mei 682 30 20460
6. Jun 730 30 21900
7. July 756 30 22680
8. August 805 30 24150
9. September 859 30 25770
10. October 875 30 26250
11. November 258570
12. December Total

Ingredients Cost of Raw Material Per unit price Total
(RM) (RM)
1. Wheat flour Quantity 2.80 15120
2. Custer sugar 2.70 1458
3. Brown sugar 5400 packets 2.30 745
4. Butter 540 packets 4.50 2430
5. Eggs 324 packets 0.25 2700
6. Baking powder 540 packs 14 756
7. Vanilla essence 10800/egg 2.39 53
8. Salt 0.80 43
9. Red food colouring 54 packs 2.70 59
10. Cocoa powder 22 bottles 15.60 3370
11. Cornflakes 54 packs 13.48 7279
12. Almond 22 bottles 8.00 864
13. Chocolate chips 216 packs 37 7992
540 packs TOTAL 42869
108 packs
216 packs

30

FORECAST PURCHASES

1 Wheat Jan Feb March April May Jun
flour 1260 1260 1260 1260 1260 126

2 Custer 121.5 121.5 121.5 121.5 121.5 121
sugar
62 62.1 62.1 62.1 62.1 62.1
3 Brown
sugar 202.5 202.5 202.5 202.5 202.5 202
225 225 225 225 225 225
4 Butter 63 63 63 63 63 63

5 Eggs 4.38 4.38 4.38 4.38 4.38 4.38

6 Baking 3.6 3.6 3.6 3.6 3.6 3.6
powder 4.95 4.95 4.95 4.95 4.95 4.95

7 Vanilla 280.8 280.8 280.8 280.8 280.8 280
essence
606.6 606.6 606.6 606.6 606.6 606
8 Salt 72 72 72 72 72 72
666 666 666 666 666 666
9 Red food
colouring

10 Cocoa
powder

11 Cornflakes

12 Almond

13 Chocolate
chips

3

ne July Aug Sept Oct Nov Dec Total
60 1260 1260 1260 1260 1260 1260 15120

1.5 121.5 121.5 121.5 121.5 121.5 121.5 1458

1 62.1 62.1 62.1 62.1 62.1 62.1 745

2.5 202.5 202.5 202.5 202.5 202.5 202.5 2430
5 225 225 225 225 225 225 2700

63 63 63 63 63 63 756

8 4.38 4.38 4.38 4.38 4.38 4.38 53

3.6 3.6 3.6 3.6 3.6 3.6 43
5 4.95 4.95 4.95 4.95 4.95 4.95 59.4

0.8 280.8 280.8 280.8 280.8 280.8 280.8 3370

6.6 606.6 606.6 606.6 606.6 606.6 606.6 7279
72 72 72 72 72 72 864

6 666 666 666 666 666 666 7992

TOTAL 42869.4

31

TRIAL BALANCE

Purchase of raw material Debit Credit
Indirect wages 42,869
Direct wages 32,000 2,375
Electricity 8,000
Discount received on raw materials 13,500 2,500
Discount allowed
General factory expenses 4,100 325,000
Administration expenses 10,000 58,000
Sales rep’s salaries 42,000
Commission Received 23,000 171,200
Rent 5200
Insurance 15,000 564,275
General administration expenses 14,000
Carriage inwards on raw materials 5,000
Sales 4,000
Account Receivables & payables
Cash 67,982
Bank 28,300
Drawings 65,500
Direct expenses 12,800
Indirect expenses 8,000
Indirect materials 14,159
Capital 65
Provision for unrealised profit
Plant and machinery on cost 56,000
Delivery van on cost 89,000
Fixtures & Fittings on cost 9,000
TOTAL 564,275

32

Additional information:
1) Inventories at 30 SEPTEMBER 2020 were valued as follows:

Raw material 24,000

Finished goods 35,000

Work in progress 12,000

2) The policy of the company is to depreciate delivery vans, plant and machinery
at the rate of 10% and RM300 on fixtures and fittings

3) Below are expenditure that have been allocated for factory and office usage :

Insurance Factory Office
Rent ¾ ¼
Electricity 2/4 2/4
¾ ¼

4) Sales rep’s salaries are accrued RM500.
5) Factory profit was 20% on completed goods.

33

MANUFACTURING ACCOUNT

DELICIOUS COOKIES SDN BHD
Statement of manufacturing and Trading account for the year ended 30

September 2020

Purchases of raw materials 42,869 44,494
carriage inwards 4,000
Less: Discount received of Raw (2375) (24,000)
materials 20,494
8,000
less: closing inventory of raw materials 8,000
Cost of Raw Material Consumed 36,494
Direct wages
Direct Expenses
PRIME COST

Indirect manufacturing cost 10,000 90,199
General factory expenses 11,250 126,693
Rent (3/4 x 15,000) 7,000
Insurance (2/4 x 14,000) 5600 (12,000)
Depreciation of plant and machinery 114,693
(10% x 56,000) 10,125 22,938.60
Electricity (3/4 x 13500) 32,000
Indirect wages 137,631.60
Indirect Material 65
Indirect expenses 14,159
TOTAL PRODUCTION COST

less: closing work in progress
Production cost of completed goods
Add: Manufacturing profit (20% x
114693)
MARKET VALUE TO BE TRANSFERED TO
SOPOL

34

STATEMENT OF PROFIT OR LOSS

DELICIOUS COOKIES SDN.BHD.
STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED 30

SEPTEMBER 2020

RM RM

Sales 325,000

Less: Cost of Goods Sold

Add: Production cost of completed 137,631.60 (102,631.60)
goods (35,000) 222,368.40
Less: Closing inventories of Finished
goods

GROSS PROFIT

Add: Revenue 22,938.60 25,438.60
Manufacturing profit 2,500
Commission received

Expenses 3,375 (61,425)
Administrative expenses 42,000
Electricity (1/4 x 13500) 5,000
Administration salaries
General administration expenses 300
Depreciation fixture & fittings 3,750
Rent (1/4 x 15,000) 7,000
Insurance (2/4 x 14,000)

Selling & Distribution expenses 4,100 (37,133.33)
23,500 149,248.67
Discounts allowed 8,900

Sales reps' salaries(23,000 + 500) 633.33

Depreciation delivery vans (10%x
89000)
Increased in provision for unrealised
profit
(5833.33-5200)
NET PROFIT

35

STATEMENT OF FINANCIAL POSITION

DELICIOUS COOKIES SDN. BHD.
STATEMENT OF FINANCIAL POSITION AS AT 30 SEPTEMBER 2020

Cost Accumulated Net Book
RM Depreciation Value
RM RM
56,000
Non-Current Assets 89,000 (5,600) 50,400
Plant & machinery 9,000 (8,900) 80,100
Delivery vans at cost (300) 8,700
Fixture and fittings at cost 139,200

Current Assets 35,000 29,166.67
Inventory (5833.33)
Finished goods 12,000
Less: Allowance for unrealised 24,000 226,948.67
profit 67,982 366,148.67
Work in progress 28,300
Raw material 65,500
Account Receivables
Cash
Bank

Financed by: 171,200 307,648.67
Capital 149,248.67
Add: Net profit
Less: Drawings (12,800)

Current liabilities 58,000 58,500
Account payable 500 366,148.67
Accrued Sales Rep’s salaries

36

CONCLUSION

First of all, we had finally managed to make
cookies manufactures with unique recipe. All the time spent to
discuss and doing this group assignment were worth our effort
and time. Therefore, we would like to acknowledge with
thanks, the individual who had guided us in doing this group
assignment.

Firstly, we would like to thank to our
Accounting lecturer, Madam Kamilah Binti Mohd. She had
guided us on how to do this assignment. Every time on class,
she always asks and reminds about the assignment. Also, she
gives us guideline to do and complete this assignment. Then,
we would like to thanks to our teammates and other friends
who had helped us.

Lastly, we had used our effort and
acknowledge to do this accounting assignment. Hope our effort
was worth it.

37

REFERENCES

1. Manufacturing Account- Slide share:
https://www.slideshare.net/samcat57/manufacturing-account

2. Financial Accounting for Business 2 book

38

APPENDICES

DOCUMENT A

NAME: NUR 'AQILAH NAJIHAH BT NASRON CLASS: DBF2A
ID NO: BMF20-07-029 GROUP NAME: DELICIOUS COOKIES

INDIVIDUAL REFLECTION
At least 3 entries:
One Problem faced, One Comment and One Suggestions

PROBLEM FACED
The problem that I face is I am not really understand and bit weak to do
manufacturing account. Even though it is hard, I need to finished it.

COMMENT
All my teammates are doing good in their own part also they always help each
others.

SUGGESTION
I must learn more about account especially in manufacturing account. So, I need works
hard and ask more questions about it.

39

DOCUMENT A

NAME: MEOR MUHAMMAD BIN ABDOL JALIL CLASS: DBF2A

ID NO: BMF20-07-009 GROUP NAME: DELICIOUS
COOKIES

INDIVIDUAL REFLECTION
At least 3 entries:
One Problem faced, One Comment and One Suggestions

PROBLEM FACED
I have a problem about how to get a right amount and do calculation for
getting a profit.

COMMENT
They all always help me on doing this assignment and punctual when it is
time to discuss.

SUGGESTION
My suggestion is adding others new product so we can produce more. So that
we can get high profit.

40

DOCUMENT A

NAME: NOOR ZURLIANA SHAMIMY BT ZUL CLASS:
DBF2A GROUP NAME: DELICIOUS

ID NO: BMF20-07-043
COOKIES

INDIVIDUAL REFLECTION
At least 3 entries:
One Problem faced, One Comment and One Suggestions

PROBLEM FACED
The problem that I face is I cannot do my part on my own because I do
not have a laptop. I have to tell about my idea to my teammates and they
have to transfer it into word file using their laptop.

COMMENT
All my teammates are doing good in their own part also they always help
each other’s.

SUGGESTION
I do not have any suggestion but I hope I have a laptop so that I can do my own
part and not depending on the others.

41

DOCUMENT A

NAME: NURAISHA BT AHGEMI CLASS: DBF2A
GROUP NAME: DELICIOUS
ID NO: BMF20-07-032
COOKIES

INDIVIDUAL REFLECTION
At least 3 entries:
One Problem faced, One Comment and One Suggestions

PROBLEM FACED
One problem that I face on doing this group assignment is I can not discuss
with the others directly. Online can make me discuss with the others but it is
a bit difficult and requires a lot of time.

COMMENT
I think all my friends are very great and do their best for this group
assignment.

SUGGESTION
For me, I do not have any suggestion because everything is okay and I can do this
assignment as good as I can.

42

DOCUMENT A

NAME: NUR ADRIENA RISHA BINTI MOHD RIDZUAN
CLASS: DBF2A

ID NO: BMF20-07-044 GROUP NAME: DELICIOUS
COOKIES

INDIVIDUAL REFLECTION
At least 3 entries:
One Problem faced, One Comment and One Suggestions

PROBLEM FACED
I have a problem about how to get a right amount and do calculation
for getting a profit.

COMMENT
They all always help me on doing this assignment and punctual when
it is time to discuss.

SUGGESTION
My suggestion is adding others new product so we can produce more. So
that we can get high profit.

43