Cost Accounting for

UltraTech Cement ltd.,

Presented By:
Isha Jain 19
Mithun Jain 20
Sourabh Jain 21
Ashwin Jaiswal 22
Tejas Jhawar 23
VareenKaur Bawa 24
 Introduction

• Overview
•
• Vision
•
• Milestones
•
• Awards
 Cost Sheet of UltraTech Cement
Ltd.,
Units Produced:17.15mntn
Units Sold:17.67mntn
Rs. Rs. Total Cost per
In Crs. In Crs. Rs. In tonne
Crs. (in Rs.)
DIRECT MATERIAL
Opening stock of raw materials 12.74
Add: Purchase 403.68

Closing Stock of Raw materials -23.43 392.99 229.15

DIRECT WAGES 34.86 20.35

DIRECT EXPENSES:
Consumption of Stores, Components and 295.88 172.5
Packing materials

Prime Cost 723.73 422

C o st sh e e t co n tin u e d …
WORKS OVERHEADS:
Power and Fuel consumed 1138.32

Hire charges: Plant and Machinery 5.78

Repairs to plant and machinery 56.22
Repairs to Buildings 5.82
Other Repairs 16.56
Depreciation on Leasehold land 0.55

Depreciation on Railway 7.49

Depreciation on Plant and machinery 188.21
Depreciation on Jetty 1.75
Depreciation on Building 11.6
R&D 6.03

Obsolescence 6.7 1445.03 842.58

OPENING WIP 105.97

CLOSING WIP -75.6 30.37 1475.4 17.83

Works Cost 2199.13 1282.29

Cost sheet continued…
OFFICE AND ADMINISTRATION:
Insurance 11.17
Rent 9.67
Rates & Taxes 16.03
Stationery, Printing & Communictaion exp 8.68
Travelling and conveyance 19.09
Legal and professional fees 15.51
Directors fees 0.18
Office salaries 52.3
Power 1.53
Misc. expenses 28.93
Depreciation on furniture 5.99
Depreciation on office building 2.91 171.99 100.29
Cost of Production 2371.12 1382.7
Opening Stock of Finished Goods (3.14lakh tn.) 59.84
ADD: Purchase (5.58lakh 182.43
tn.)
LESS:Closing Stock (2.65lakh -59.45 182.82
tn.)
Cost of goods sold 2553.94 1445.35
SELLING AND DISTRIBUTION:
Comm. payed to Distributors and selling agents 11.57
Freight and handling exp. 1013
Advertising and sales promotion 74.88
Depriciation on Vehicles 1.07 1100.52 622.82
COST OF SALES 3654.46 2068.17
Profit 1829.89 1035.59
NET SALES 5484.35 3103.76
 COST CORVETTE

•Energy Efficiency:
–Portland Cement: Energy intensive material
•Product Performance:
–Calcium Aluminate Cement as a substitute
•Environmental Performance:
–Re-cycled concrete as constituent materials
 References

• Newman John, and Choo Ban Seng. (2003) “Heat Resisting &
Refractory Concretes”, “ Recycled Concrete” . - Advanced
Concrete Technology Processes
• Mehta P.Kumar, and Monteiro Paulo J.M. (2006) “Hydraulic
Cements” – Concrete
• Gambhir M.L. (2004) “Concrete as Construction Material” -
Concrete Technology
• Maheshwari S.N. (2005) “ Cost Concepts & Methods” –
Principles Of Cost & Management Accounting
 References

• Dhir R.K., McCarthy M.J., Nath K., Jha P.,(2005)

“When Readymade Concrete Turns Tropical” –
Concrete For Extreme Conditions.
• Websites:
– www.ultratechcement.com
– www.energymanagertraining.com
– www.jilindia.com