Exhibit 1Mridula Ice-Cream Parlour

Schedule for Price FixationRs.

A. Purchase price (Rs./ Kg.)

B. Estimated monthly expenses in Rs.

Details

Cashier's salary 600

Counter boys (2) 600

Rent 150

Electricity 400

Misc.expenses 210

C. Expected average monthly volume (in Kgs.)

D. Expected operting cost/kg. (B)/(C)

E. Computation of price

Unit size

gms. Rs. Rs. Rs. Rs.

50 0.60 0.03 0.075 0.708

100 1.20 0.07 0.080 1.345

250 3.00 0.16 0.100 3.263

500 6.00 0.33 0.120 6.447

1000 12.00 0.65 0.160 12.813

Exhibit 2

Mridula Ice-Cream parlour

Analysis of sales during April

No.of orders Total no.of units

Total weight

(kgs)

50 3,640 4,687 234

100 2,200 3,130 313

250 720 1,640 410

500 340 1,000 500

1000 100 543 543

Total: 7,000 11,000 2,000

Purchase price @ Rs.12/kg

Operating cost @ 65.3 ps/kg

Containers cost/unit

Total cost/unit

Unit-size (gms)

No. of orders 3640 2200

No. of units 4687 3130

Total Weight 234.35 313

Exhibit 3

Mridula Ice-Cream Parlour

Schedule for Price revision

(Based on “Proper” allocation)

S.No.Common Cost 50 100

gms. gms.

Rs. Rs.

1 Cashier’s salary No.of orders 312 189

2 Counter boy’s salary No.of pieces sold 256 171

3 Rent Total weight

4 Electricity Total weight 89 119

5 Misc expenses Total weight

6 Total (1 to 5) 657 478

7 Total weight (kgs) 234 313

8 Operating cost/kg. (6/7) Rs./kg. 2.806 1.528

9 Operating cost/kg. Rs./piece 0.130 0.147

10 Purchase price/unit @ Rs.12/kg. “ 0.600 1.200

11 Containers (estimates) “ 0.075 0.080

12 Total cost/unit “ 0.805 1.427

13 110% of cost “ 0.886 1.570

14 Price (nearest 10 p) “ 0.900 1.600

Exhibit 4

Mridula Ice-Cream Parlour

Income Statement for April

A. Revenue

Product line No. of Kgs Price per piece

“50 gms” 234 0.80 3,744

“100 gms” 313 1.50 4,695

“250 gms” 410 3.60 5,904

“500 gms” 500 7.10 7,100

“1000 gms” 543 14.10 7,656

Total 2000 29,099

B. Less: Cost of raw material consumed

Purchase price 2100 12.00

Basis of Allocation

Gross profit

C. Less: Operative expenses Rs.

Cashier’s salary 462

Counter boy’s salary 616

Rent 154

Electricity 440

Misc.Expenses 308

Packaging/Containers

Product line No. of containers Cost per piece Total cost

“50 gms” 4,687 0.075 351.53

“100 gms” 3,130 0.080 250.40

“250 gms” 1,640 0.100 164.00

“500 gms” 1,000 0.120 120.00

“1000 gms” 543 0.160 86.88

Total operating expenses

D. Profit Before Taxes

E. Less: Estimated tax liability (40%)

F. Profit After Taxes

Mridula Ice-Cream Parlour

Product Line (gms) (gms) (gms)

Revenues (Rs.) 50 100 250

Sales Price per piece 0.80 1.50 3.60

Sales (in units) 4,680 3,130 1,640

Revenues (Rs.) 3,744.00 4,695.00 5,904.00

Variable cost

Purchase Price @ Rs. 12/kg 0.60 1.20 3.00

Containers Cost/unit 0.08 0.08 0.10

Loss due to melting (5% per unit) 0.03 0.06 0.15

Total Cost/unit 0.71 1.34 3.25

Contribution/unit Rs. 0.10 0.16 0.35

Contribution/kg Rs. 1.90 1.60 1.40

Total contribution 444.6 500.8 574

Fixed Costs (Actuals for June)

Counter boy's salary

Rent

Electricity

Misc Expenses

Profit Before Tax

(less) Tax

Profit After Tax

Exhibit 1Mridula Ice-Cream Parlour

Schedule for Price FixationRs.

12.00

1,960.00

3,000

65.33 paise

E. Computation of price

110% of cost Unit Price

Rs. Rs.

0.778 0.80

1.480 1.50

3.590 3.60

7.091 7.10

14.095 14.10

720 340 100 7000

1640 1000 543 11000

410 500 543 2000.35

Exhibit 3

Mridula Ice-Cream Parlour

Schedule for Price revision

(Based on “Proper” allocation)

250 500 1000gms. gms. gms.

Rs. Rs. Rs. Rs.

62 29 9 462 89 55 30 616

156 190 206 902

307 274 244 1,980

410 500 543 2,000

0.749 0.547 0.450 0.990

0.198 0.303 0.519

3.000 6.000 12.000

0.100 0.120 0.160

3.298 6.423 12.679

3.623 7.065 13.947

3.600 7.100 13.900

Exhibit 4

Mridula Ice-Cream Parlour

Income Statement for April

Rs. Rs.

29,099.30

Less: Cost of raw material consumed

25,200.00

Actual for June

3,899.30

1,980.00

972.81

2,952.81

946.49

378.60

567.90

Mridula Ice-Cream Parlour

(gms) (gms)

500 1000 Total

7.10 14.10

1,000 543

7,100.00 7,656.30 29,099.30

6.00 12.00

0.12 0.16

0.30 0.60

6.42 12.76 26,172.28

0.68 1.34 2,927.02

1.36 1.34

680 727.62 2927.02

616.00

154.00

440.00

308.00

1,518.00

1,409.02

563.61

845.41

Exhibit 1

Mridula Ice-Cream Parlour

Schedule for Price Fixation

A. Purchase price (Rs./ Kg.)B. Estimated monthly expenses in Rs.

DetailsCashier's salary 600

Counter boys (2) 600

Rent 150

Electricity 400

Misc.expenses 210

C. Expected average monthly volume (in Kgs.)D. Expected operting cost/kg. (B)/(C)E. Computation of price

Unit size

gms. Rs. Rs. Rs. Rs.50 0.60 0.03 0.075 0.708

100 1.20 0.07 0.080 1.345 250 3.00 0.16 0.100 3.263 500 6.00 0.33 0.120 6.447

1000 12.00 0.65 0.160 12.813

Exhibit 2Mridula Ice-Cream parlour

Analysis of sales during April

No.of orders Total no.of unitsTotal weight

(kgs)

50 3,640 4,687 234.35100 2,200 3,130 313.00 250 720 1,640 410.00 500 340 1,000 500.00

1000 100 543 543.00 Total: 7,000 11,000 2,000.35

Purchase price @ Rs.12/kg

Operating cost @ 65.3 ps/kg

Containers cost/unit

Total cost/unit

Unit-size (gms)

Exhibit 3Mridula Ice-Cream ParlourSchedule for Price revision

(Based on “Proper” allocation)

S.No.Common Cost 50 100

gms. gms.Rs. Rs.

1 Cashier’s salary No.of orders 240 145 2 Counter boy’s salary No.of pieces sold 263 175 3 Rent Total weight4 Electricity Total weight 106 141 5 Misc expenses Total weight6 Total (1 to 5) 609 461 7 Total weight (kgs) 234 313 8 Operating cost/kg. (6/7) Rs./kg. 2.603 1.473 9 Operating cost/kg. Rs./piece 0.130 0.147

10 Purchase price/unit @ Rs.12/kg. “ 0.600 1.200 11 Containers (estimates) “ 0.075 0.080 12 Total cost/unit “ 0.805 1.427 13 110% of cost “ 0.886 1.570 14 Price (nearest 10 p) “ 0.900 1.600

Exhibit 4Mridula Ice-Cream ParlourIncome Statement for April

A. RevenueProduct line No. of Kgs Price per piece

“50 gms” 234 0.80 3,744“100 gms” 313 1.50 4,695“250 gms” 410 3.60 5,904“500 gms” 500 7.10 7,100“1000 gms” 543 14.10 7,656

Total 2000 29,099B. Less: Cost of raw material consumed

Purchase price 2100 12.00 Gross profit

C. Less: Operative expenses Rs.Cashier’s salary 462Counter boy’s salary 616Rent 154

Basis of Allocation

Electricity 440Misc.Expenses 308Packaging/Containers

Product line No. of containers Cost per piece Total cost“50 gms” 4,687 0.075 351.53

“100 gms” 3,130 0.080 250.40

“250 gms” 1,640 0.100 164.00

“500 gms” 1,000 0.120 120.00

“1000 gms” 543 0.160 86.88

Total operating expenses

D. Profit Before TaxesE. Less: Estimated tax liability (40%)F. Profit After Taxes

Exhibit 1

Mridula Ice-Cream Parlour

Schedule for Price Fixation

12.00 1,960.00

3,000 65.33 paise

E. Computation of price

Rs. Rs. 0.778 0.80 1.480 1.50 3.590 3.60 7.091 7.10 14.095 14.10

110% of cost

Unit Price

Exhibit 3Mridula Ice-Cream ParlourSchedule for Price revision

(Based on “Proper” allocation)250 500 1000gms. gms. gms.Rs. Rs. Rs. Rs.

48 22 7 462 92 56 30 616

185 225 245 902

325 303 282 1,980 410 500 543 2,000 0.793 0.606 0.519 0.990 0.198 0.303 0.519 3.000 6.000 12.000 0.100 0.120 0.160 3.298 6.423 12.679 3.623 7.065 13.947 3.600 7.100 13.900

Exhibit 4Mridula Ice-Cream ParlourIncome Statement for April

Rs. Rs. 29,099.30

Less: Cost of raw material consumed25,200.00

3,899.30

1,980.00

Actual for June

972.81

2,952.81

946.49 378.60 567.90