Cardboard 3d Glass Product in Bangladesh
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[pic 1] Report on 3D Cardboard Course Name: ACT 333 Section-2 Submitted to Afrin Rifat Lecturer, School of Business North South UniversitySubmitted by: Name ID Ibtida Ahmed1330189030Shuvo Saha1320769030Kazi Istiak Ahmed1310247630 Letter of TransmittalDate: 7th august 2015To,Afrin RifatLecturer, School of BusinessNorth South UniversityDhaka, BangladeshSubject: Permission for submitting the group project report.Respected Madam,As part of our ACT333 course, we are pleased to submit the report on our manufacturing product which is 3D Cardboard. We are pleased to inform you that we thoroughly enjoyed the group project. We have tried to gather best possible assumptions and realistic information as much as possible from various sources & departments.This report is very much relevant to what we learnt in this course. Since this is a new course for us, the project has helped us a lot in understanding the practical aspects of a business. We have tried our best to make the report as logical as we could.Therefore, we would like to convey our deepest gratitude for your valuable guidance and sincere appreciation. Hope you will enjoy reading this report.Your sincerely, Name IDIbtida Ahmed1330189030Shuvo Saha1320769030Kazi Istiak Ahmed1310247630 AbstractWe are producing 3D Cardboard as our product. It is very uncommon in Bangladesh but it is very interesting product that’s why we selected this product. In this report we have tried to discuss about the industry overview of 3D Cardboard and we also talked about the current market situation of it in Bangladesh. We have collected the cost of the product from our different sources and try to analyze it. We showed all the cost of making the product in this report. Due to this procedure we try to use more realistic data in this project. We have also shown that all calculation of ABC costing, simple costing, preparing budget, prime cost, full cost, forecast data, material budget and also sensitivity analysis.
Table of Content1.Background……………………………………………………..2. Industry & competitor……………………………………………3. Manufacturing process…………………………………………..4. Maximum production…………………………………………….5. production Cost……………………………………………………6. Support & Selling Cost……………………………………………7. Costs Analyze………………………………………………………8. Full Cost……………………………………………………………9. Unit Product Cost………………………………………………….10. Step-down Method……………………………………………….11. Indirect Cost & Cost driver……………………………………..12. Simple Costing & ABC Costing System…………………………13 Pricing Strategy…….. …………………………………………..14. Preparing Budget……………………………………………….15. Budgeted income statement ( traditional)…………………….16. Contribution format income statement………………………17. Breakeven Point in unit sales & revenue…………………….18. Margin of Safety………………………………………………19. Degree of operating leverage………………………………..20. Sensitivity Analysis…………………………………………..1. Background The product which we are producing in Bangladesh is totally new. Its a cardboard 3D glass. We need a cardboard, a ribbon and two 3D Cardboard to make this product. We all know about 3D glass which is used to see 3D effects on television. Our product is something like that but theres a little difference and that is people have to use it on smart phone, not television. It is very easy to use. Basically, for this particular product we are targeting middle and high class consumer who have a minimum knowledge about technology. We do not have any competitor in our country, but we do have a competitor in China. So we are competing against China for our new products. And we tried our level best to give a better and unique product to our customer. We have chosen this product because its a new creation in the market and it will easily attract the maximum no. of teenager customer. Moreover, we are the one and only producer who are producing this unique product. As we dont have any local competitor in our country, we are expecting that we can easily grab the market. Also we have a competitive advantage and that is we are selling it a cheaper price with better quality than our international competitor China. Another reason behind choosing this product is, it is less cost and less time consuming to produce and we can have our business done via online-internet at a cheaper rate. Finally, through this product we will have a greater opportunity to gain the maximum no. of market share.