Page 1
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 136
27
TABLE ndash IV ndash 1 (C)
Income and expenditure Budget on Dharani Sugars and Chemicals
Limited in the year 2010 ndash 2011
Particular
Budget Rs in Lakhs
Actual Rs In Lakhs
Income
Sugar
Molasses
Bagasse
Industrial Alcohol
Power
Others
Other in come
26496
-
675
1800
1224
75
50
1663691
22895
28673
237776
102725
7252
13417
Total
Less Excise duty
IncreaseDecrease in Stock
30320
-
-
2076429
-80972
105993
Total income 30320 1889464
Expenditure
Raw Material
Sugar cane
Raw Sugar
Molasses
Power
Fuel for co-generation
Stores and spares consumed
Salaries and wages
Administrative expenses
Packing expenses
Repair and maintenance
Interest
Depreciation
20160
-
200
-
-
900
800
250
662
450
1500
550
1709962
-
25380
21668
-
82289
80448
29237
50837
47321
157751
67785
Total
Less Excise duty
25472
-
2272707
2931
Total expenditure 25472 2269776
Profit after depreciation 4848 380312
(Source Secondary Data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 236
28
Interpretation
1 Table - IV1(c) represents that the Company estimated profit Rs4848
lakhs for 2010 - 2011 But the Actual profit they got Rs380312 lakhs the
profit is decreased mainly due it more expenditure on Interest expenses
and depreciation and administrative expenses
2 The firm has estimated total income Rs30320 lakhs But they get Rs
1889464 lakhs The income is decreased Rs1142536 lakhs
3 In this year the company estimated expenditure Rs25472 lakhs But the
actual expenditure Rs2269776 lakhs The expenditure is decreased
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 336
29
DIAGRAM ndash IV ndash 1 (C)
DIAGRAM SHOWING THE INCOME AND EXPENDITURE BUDGET
ON DHARANI SUGARS AND CHEMICAL
LIMITED IN THE YEAR 2010 ndash 2011
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 436
30
TABLE - IV ndash 2 (A)
Dharani Sugars and Chemical Limited
Purchase Budget in the year 2008- 2009
Particular Budget Sugarcane
Quantity in Metric Ton
Actual Sugarcane
Quantity in Metric Ton
Raw material consumed 800000 609866
Add closing stock - -
Less opening stock 800000 609866
Purchases 800000 609866
Budgeted amp Actual Rate 1150 116950
Purchase Budget Actual
Purchase Price
9200 712226
(Source Secondary Data)
Interpretation
1 The table IV2(a) represents that the company has to estimated purchase of
Raw material 800000 lakhs metric to me per year But the company can get
only 609866 lakhs tones This is due to water scarcity in some villages
2 The company has estimated the Raw material cost per metric ton is Rs1150
But the actual cost has increases 116950 is mainly due to cane price increased
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 536
31
DIAGRAM ndash IV ndash2 (A)
DIAGRAM SHOWING PURCHASE BUDGET
IN THE YEAR 2008 - 2009
983105983139983156983157983137983148983084 983097983090983088983088
983106983157983140983143983141983156983084 983095983089983090983090
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 636
32
Dharani Sugars and Chemical Limited
Purchase Budget in the year 2009- 2010
Table - IV ndash 2 (B)
Particular Budget Sugarcane
Quantity in Metric Ton
Actual Sugarcane
Quantity in Metric Ton
Raw material consumed 1500000 1416450
Add closing stock - -
Less opening stock 1500000 1416450
Purchases 1500000 1416450
Budgeted amp Actual Rate 1150 1205
Purchase Budget Actual
Purchase Price
17250 1706828
(Source Secondary data)
Interpretation
1 The table IV2 (b) represents that the company has to estimated purchase of
Raw material 1500 lakhs metric ton per year But the company can get only
1416 lakhs tones This is due to water scarcity in some villages
2 The company has estimates the Raw material cost per metric ton Rs1150
But the actual cost has increases Rsl205 is mainly due to cane price increased
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 736
33
DIAGRAM ndash IV ndash 2 (B)
DIAGRAM SHOWING PURCHASE BUDGET
IN THE YEAR 2009 - 2010
983106983157983140983143983141983156983084 983089983095983090983093983088
983105983139983156983157983137983148983084 983089983095983088983094983096
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 836
34
DHARANI SUGARS AND CHEMICAL LIMITED
PURCHASE BUDGET IN THE YEAR 2010 - 2011
Table - IV ndash 2 (B)
Particular Budget Sugarcane
Quantity in Metric Ton
Actual Sugarcane
Quantity in Metric Ton
Raw material consumed 1800000 1507248
Add closing stock - -
Less opening stock 1800000 1507248
Purchases 1800000 1507248
Budgeted amp Actual Rate 1120 1135
Purchase Budget Actual
Purchase Price
20160 1709962
(Source Secondary data)
Interpretation
1 The table IV2 (c) represents that the company has to estimated purchase of
Raw material 1800 lakhs matric tone per year But the company can get only
1507 lakhs tones This is due to water scarcity in some villages
2 The company has estimated the Raw material cost per metric to me is Rsl
120 But the actual cost has increases 1135 is mainly due to cane price
increases
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 936
35
DIAGRAM ndash IV ndash 2 (C)
DIAGRAM SHOWING PURCHASE BUDGET
IN THE YEAR 2010 - 2011
983106983157983140983143983141983156983084 983090983088983089983094983088
983105983139983156983157983137983148983084 983089983095983088983097983097
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1036
36
TABLE - IV ndash 3 (A)
DHARANI SUGARS AND CHEMICAL LIMITED
PRODUCTION BUDGET IN THE YEAR 2008-09
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales
Less Return
Add Closing
Stock
736000
200000
36000
12000
90000000
250000
30000000
45000000
Less
Budgeted
Opening stock
200000 12000 250000
-
Budgeted
Production
736000 36000 1000000 75000000
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1136
37
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty in
liters
Power in Unit
Sales Less
Return
1690248 2000 8706980 59494400
Add Closing
Stock
283193 8303 830174 -
Add Transfer to
distillery
own
consumption
- 27670 1200 24875600
Total (-
)Opening stock
1973441
634281
37973
3796
9538354
1880732
84370000
Actual
Production
1339160 34177 7657622 84370000
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1236
38
Interpretation
1 The Table IV - 3 (a) represents that the company is assured that all the
production material has been sold
2 The Budget production sugar is 736 lakhs quintals But actual production is
Rsl339 lakhs quintals The Sugar production is increased This is mainly due to
raw sugar availability
3 The molasses production is 34177 metric tons as against Budget qty of
36080 matric tones
4
The company is estimated spirit production 9000 lakhs liters But thecompany produced 7658 lakhs liters This is mainly due to molasses reduction
5 The company is estimated power 750 crore units But Power process 84370
Increaseshe power unit This is mainly due to Baggage availability
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1336
39
DIAGRAM - IV ndash 3 (A)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2008-09
983095983091983094983088983088983088
983091983094983088983088983088983088983088
983089983088983088983088983088983088983088
983089983091983091983097983089983094
983091983092983089983095983095983088983088
983095983094983093983095983094983090983090
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1436
40
TABLE - IV ndash 3 (B)
Dharani Sugars and Chemical Limited
Production Budget in the year 2009-10
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closhing
Stock
1380000
200000
67500
12000
9000000
250000
80000000
40000000
(-) Budgeted
Opening stock
200000 12000 250000 4000000
Budgeted
Production
1380000 67500 9000000 8000000
Assumption
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1536
41
Actual Production
Particular Sugar Qty
in Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return Add
Closing
Stock
1380716
216611
23216
16657
10460887
250442
43020800
(+)Transfer to
distillery own
consumption
- 35499 900 27715200
Total
(-)Opening
stock
1597327
283193
75372
8303
10712229
830174
707
36000
Actual
Production
1314134 67069 9882055 7073600
0
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1636
42
Interpretation
1 The table IV - 3 (b) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1380 lakhs quintals as against
actual production 1314 lakhs quintals This is dully sugar content
available in the sugar cane
3 The molasses production is 67069 lares as against Budget quantity of
67500
4 The company is estimated sprit production only 90 lakhs liters But the
company actual produced 9882 lakhs liters this is mainly due to molassesavailability
5 The company is estimated power unit in 800 lakhs units But the
company produced 70736 lakhs unit It is mainly due to Baggage
availability and own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1736
43
DIAGRAM ndash IV - 3 (b)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2009-10
983089983091983096983088983088983088983088
983094983095983093983088983088983088983088
983097983088983088983088983088983088983088
983089983091983089983092983089983091983092
983094983095983088983094983097983088983088
983097983096983096983090983088983093983093
983088
983090983088983088983088983088983088983088
983092983088983088983088983088983088983088
983094983088983088983088983088983088983088
983096983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983089983090983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1836
44
TABLE - IV ndash 3 (C)
Dharani Sugars and Chemical Limited
Production Budget in the year 2010-2011
Particular Sugar Qty in
Quintals
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1656000
200000
81000
12000
9000000
250000
80000000
-
Less Budgeted
Opening stock
200000 12000 250000 -
Budgeted
Production
1656000 81000 9000000 80000000
Assumption -
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1936
45
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1316329
283097
44954
8061
9525923
224844
33528800
(+) Transfer to
distillery own
consumption
- 36000 900 28503775
Total 1599423 89015 9751667 62032575
(-) Opening
stock
216611 16657 250442 -
Actual
Production
1382812 72358 9501225 62032575
(Source Secondary data)
Interpretation
1 The table IV 3(c) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1656 lakhs quintals as against
actual production 1382 lakhs quintals This is dully sugar contant
available in the sugar cane
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2036
46
3 The molasses production is 72358 tones as against Budget quantity
Rs81000
4 The company is estimated sprit production only 90 lakhs liters But the
company actual production 9501 lakhs liters This is mainly due to
molasses availability
5 The company is estimated power unit in 800 lakhs unit But the company
product 62032 lakhs unit It is mainly due to Baggage availability and
own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2136
47
DIAGRAM ndash IV ndash 3 (c)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2010-11
983089983094983093983094983088983088983088
983096983089983088983088983088983088983088
983097983088983088983088983088983088983088
983089983091983096983090983096983089983090
983095983090983091983093983096983088983088
983097983093983088983089983090983090983093
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2236
48
TABLE ndash IV ndash 4 (A)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2008 ndash 2009
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 11776 2889684 1712084
Molasses - 2830 2830
Bagasse 300 8498 21502
Industrial Alcohol 1800 187851 7851
Power 918 183800 92076
(Source Secondary data)
Interpretation
1 The table IV 4 (a) represents that the sugar sales are higher as compared
to Budget the varience is 1712084 lakhs is mainly more off log
2 Baggage sales are less as compared to Budget the variance is Rs21502
lakhs Mainly due to consumption at Baggage is more use of generating
power
3 Industrial Alcohol sales are less as compare to the Budget the variance is
Rs7851 lakhs
4 Power sales are higher as compare to Budget Rs92076 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2336
49
DIAGRAM ndash IV ndash 4 (a)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2008 ndash 09
983089983089983095983095983094
983097983089983096 983089983096983088983088
983090983096983096983097983094
983089983096983091983096 983089983096983095983096
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983091983093983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2436
50
TABLE ndash IV ndash 4 (B)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2009 ndash 2010
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 23460 2393392 47392
Molasses - 22598 22598
Bagasse 565 41120 15380
Industrial Alcohol 1800 244182 64182
Power 1224 122539 3139
(Source Secondary data)
Interpretation
1 The table IV - 4 (b) represents that the sugar sales is higher as
compared to Budget the variance is 47392 lakhs is mainly more off
tag
2 Baggage sales are less as compared to Budget the variance is Rs
1538 lakhs mainly due to consumption at Baggage is more use for
generating power
3 Industrial Alcohol sales are less as compare to the Budget the variance
is Rs64182 lakhs
4 Power sales are higher as compare to Budget Rs3139 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2536
51
DIAGRAM ndash IV ndash 4 (b)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2009 - 10
983090983091983092983094983088
983089983090983090983092 983089983096983088983088
983090983091983097983091983091
983089983090983090983093983090983092983092983089
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2636
52
TABLE ndash IV ndash 4 (C)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2010 ndash 2011
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 26496 1663691 985909
Molasses 983085 22895 22895
Bagasse 675 28673 38827
Industrial Alcohol 1800 237776 57776
Power 1224 102725 19675
(Source Secondary data)
Interpretation
1 The table IV - 4 (c) represents that the sugar sales is higher as compared to
Budget the variance is 985909 lakhs is mainly more off tag
2 Baggage sales is less as compare to Budget the variance is Rs37827
lakhs mainly due to consumption at Baggage is more use for generating
power
3 Industrial Alcohol sales are less as compared to the Budget the variance is
Rs57776 lakhs
4 Power sales are higher as compare to Budget Rs 19675 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2736
53
DIAGRAM ndash IV ndash 4 (c)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2010 - 11
983090983094983092983097983094
983089983090983090983092 983089983096983088983088
983089983094983094983091983094
983089983088983090983095983090983091983095983095
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 2
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 236
28
Interpretation
1 Table - IV1(c) represents that the Company estimated profit Rs4848
lakhs for 2010 - 2011 But the Actual profit they got Rs380312 lakhs the
profit is decreased mainly due it more expenditure on Interest expenses
and depreciation and administrative expenses
2 The firm has estimated total income Rs30320 lakhs But they get Rs
1889464 lakhs The income is decreased Rs1142536 lakhs
3 In this year the company estimated expenditure Rs25472 lakhs But the
actual expenditure Rs2269776 lakhs The expenditure is decreased
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 336
29
DIAGRAM ndash IV ndash 1 (C)
DIAGRAM SHOWING THE INCOME AND EXPENDITURE BUDGET
ON DHARANI SUGARS AND CHEMICAL
LIMITED IN THE YEAR 2010 ndash 2011
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 436
30
TABLE - IV ndash 2 (A)
Dharani Sugars and Chemical Limited
Purchase Budget in the year 2008- 2009
Particular Budget Sugarcane
Quantity in Metric Ton
Actual Sugarcane
Quantity in Metric Ton
Raw material consumed 800000 609866
Add closing stock - -
Less opening stock 800000 609866
Purchases 800000 609866
Budgeted amp Actual Rate 1150 116950
Purchase Budget Actual
Purchase Price
9200 712226
(Source Secondary Data)
Interpretation
1 The table IV2(a) represents that the company has to estimated purchase of
Raw material 800000 lakhs metric to me per year But the company can get
only 609866 lakhs tones This is due to water scarcity in some villages
2 The company has estimated the Raw material cost per metric ton is Rs1150
But the actual cost has increases 116950 is mainly due to cane price increased
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 536
31
DIAGRAM ndash IV ndash2 (A)
DIAGRAM SHOWING PURCHASE BUDGET
IN THE YEAR 2008 - 2009
983105983139983156983157983137983148983084 983097983090983088983088
983106983157983140983143983141983156983084 983095983089983090983090
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 636
32
Dharani Sugars and Chemical Limited
Purchase Budget in the year 2009- 2010
Table - IV ndash 2 (B)
Particular Budget Sugarcane
Quantity in Metric Ton
Actual Sugarcane
Quantity in Metric Ton
Raw material consumed 1500000 1416450
Add closing stock - -
Less opening stock 1500000 1416450
Purchases 1500000 1416450
Budgeted amp Actual Rate 1150 1205
Purchase Budget Actual
Purchase Price
17250 1706828
(Source Secondary data)
Interpretation
1 The table IV2 (b) represents that the company has to estimated purchase of
Raw material 1500 lakhs metric ton per year But the company can get only
1416 lakhs tones This is due to water scarcity in some villages
2 The company has estimates the Raw material cost per metric ton Rs1150
But the actual cost has increases Rsl205 is mainly due to cane price increased
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 736
33
DIAGRAM ndash IV ndash 2 (B)
DIAGRAM SHOWING PURCHASE BUDGET
IN THE YEAR 2009 - 2010
983106983157983140983143983141983156983084 983089983095983090983093983088
983105983139983156983157983137983148983084 983089983095983088983094983096
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 836
34
DHARANI SUGARS AND CHEMICAL LIMITED
PURCHASE BUDGET IN THE YEAR 2010 - 2011
Table - IV ndash 2 (B)
Particular Budget Sugarcane
Quantity in Metric Ton
Actual Sugarcane
Quantity in Metric Ton
Raw material consumed 1800000 1507248
Add closing stock - -
Less opening stock 1800000 1507248
Purchases 1800000 1507248
Budgeted amp Actual Rate 1120 1135
Purchase Budget Actual
Purchase Price
20160 1709962
(Source Secondary data)
Interpretation
1 The table IV2 (c) represents that the company has to estimated purchase of
Raw material 1800 lakhs matric tone per year But the company can get only
1507 lakhs tones This is due to water scarcity in some villages
2 The company has estimated the Raw material cost per metric to me is Rsl
120 But the actual cost has increases 1135 is mainly due to cane price
increases
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 936
35
DIAGRAM ndash IV ndash 2 (C)
DIAGRAM SHOWING PURCHASE BUDGET
IN THE YEAR 2010 - 2011
983106983157983140983143983141983156983084 983090983088983089983094983088
983105983139983156983157983137983148983084 983089983095983088983097983097
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1036
36
TABLE - IV ndash 3 (A)
DHARANI SUGARS AND CHEMICAL LIMITED
PRODUCTION BUDGET IN THE YEAR 2008-09
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales
Less Return
Add Closing
Stock
736000
200000
36000
12000
90000000
250000
30000000
45000000
Less
Budgeted
Opening stock
200000 12000 250000
-
Budgeted
Production
736000 36000 1000000 75000000
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1136
37
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty in
liters
Power in Unit
Sales Less
Return
1690248 2000 8706980 59494400
Add Closing
Stock
283193 8303 830174 -
Add Transfer to
distillery
own
consumption
- 27670 1200 24875600
Total (-
)Opening stock
1973441
634281
37973
3796
9538354
1880732
84370000
Actual
Production
1339160 34177 7657622 84370000
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1236
38
Interpretation
1 The Table IV - 3 (a) represents that the company is assured that all the
production material has been sold
2 The Budget production sugar is 736 lakhs quintals But actual production is
Rsl339 lakhs quintals The Sugar production is increased This is mainly due to
raw sugar availability
3 The molasses production is 34177 metric tons as against Budget qty of
36080 matric tones
4
The company is estimated spirit production 9000 lakhs liters But thecompany produced 7658 lakhs liters This is mainly due to molasses reduction
5 The company is estimated power 750 crore units But Power process 84370
Increaseshe power unit This is mainly due to Baggage availability
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1336
39
DIAGRAM - IV ndash 3 (A)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2008-09
983095983091983094983088983088983088
983091983094983088983088983088983088983088
983089983088983088983088983088983088983088
983089983091983091983097983089983094
983091983092983089983095983095983088983088
983095983094983093983095983094983090983090
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1436
40
TABLE - IV ndash 3 (B)
Dharani Sugars and Chemical Limited
Production Budget in the year 2009-10
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closhing
Stock
1380000
200000
67500
12000
9000000
250000
80000000
40000000
(-) Budgeted
Opening stock
200000 12000 250000 4000000
Budgeted
Production
1380000 67500 9000000 8000000
Assumption
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1536
41
Actual Production
Particular Sugar Qty
in Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return Add
Closing
Stock
1380716
216611
23216
16657
10460887
250442
43020800
(+)Transfer to
distillery own
consumption
- 35499 900 27715200
Total
(-)Opening
stock
1597327
283193
75372
8303
10712229
830174
707
36000
Actual
Production
1314134 67069 9882055 7073600
0
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1636
42
Interpretation
1 The table IV - 3 (b) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1380 lakhs quintals as against
actual production 1314 lakhs quintals This is dully sugar content
available in the sugar cane
3 The molasses production is 67069 lares as against Budget quantity of
67500
4 The company is estimated sprit production only 90 lakhs liters But the
company actual produced 9882 lakhs liters this is mainly due to molassesavailability
5 The company is estimated power unit in 800 lakhs units But the
company produced 70736 lakhs unit It is mainly due to Baggage
availability and own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1736
43
DIAGRAM ndash IV - 3 (b)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2009-10
983089983091983096983088983088983088983088
983094983095983093983088983088983088983088
983097983088983088983088983088983088983088
983089983091983089983092983089983091983092
983094983095983088983094983097983088983088
983097983096983096983090983088983093983093
983088
983090983088983088983088983088983088983088
983092983088983088983088983088983088983088
983094983088983088983088983088983088983088
983096983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983089983090983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1836
44
TABLE - IV ndash 3 (C)
Dharani Sugars and Chemical Limited
Production Budget in the year 2010-2011
Particular Sugar Qty in
Quintals
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1656000
200000
81000
12000
9000000
250000
80000000
-
Less Budgeted
Opening stock
200000 12000 250000 -
Budgeted
Production
1656000 81000 9000000 80000000
Assumption -
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1936
45
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1316329
283097
44954
8061
9525923
224844
33528800
(+) Transfer to
distillery own
consumption
- 36000 900 28503775
Total 1599423 89015 9751667 62032575
(-) Opening
stock
216611 16657 250442 -
Actual
Production
1382812 72358 9501225 62032575
(Source Secondary data)
Interpretation
1 The table IV 3(c) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1656 lakhs quintals as against
actual production 1382 lakhs quintals This is dully sugar contant
available in the sugar cane
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2036
46
3 The molasses production is 72358 tones as against Budget quantity
Rs81000
4 The company is estimated sprit production only 90 lakhs liters But the
company actual production 9501 lakhs liters This is mainly due to
molasses availability
5 The company is estimated power unit in 800 lakhs unit But the company
product 62032 lakhs unit It is mainly due to Baggage availability and
own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2136
47
DIAGRAM ndash IV ndash 3 (c)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2010-11
983089983094983093983094983088983088983088
983096983089983088983088983088983088983088
983097983088983088983088983088983088983088
983089983091983096983090983096983089983090
983095983090983091983093983096983088983088
983097983093983088983089983090983090983093
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2236
48
TABLE ndash IV ndash 4 (A)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2008 ndash 2009
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 11776 2889684 1712084
Molasses - 2830 2830
Bagasse 300 8498 21502
Industrial Alcohol 1800 187851 7851
Power 918 183800 92076
(Source Secondary data)
Interpretation
1 The table IV 4 (a) represents that the sugar sales are higher as compared
to Budget the varience is 1712084 lakhs is mainly more off log
2 Baggage sales are less as compared to Budget the variance is Rs21502
lakhs Mainly due to consumption at Baggage is more use of generating
power
3 Industrial Alcohol sales are less as compare to the Budget the variance is
Rs7851 lakhs
4 Power sales are higher as compare to Budget Rs92076 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2336
49
DIAGRAM ndash IV ndash 4 (a)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2008 ndash 09
983089983089983095983095983094
983097983089983096 983089983096983088983088
983090983096983096983097983094
983089983096983091983096 983089983096983095983096
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983091983093983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2436
50
TABLE ndash IV ndash 4 (B)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2009 ndash 2010
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 23460 2393392 47392
Molasses - 22598 22598
Bagasse 565 41120 15380
Industrial Alcohol 1800 244182 64182
Power 1224 122539 3139
(Source Secondary data)
Interpretation
1 The table IV - 4 (b) represents that the sugar sales is higher as
compared to Budget the variance is 47392 lakhs is mainly more off
tag
2 Baggage sales are less as compared to Budget the variance is Rs
1538 lakhs mainly due to consumption at Baggage is more use for
generating power
3 Industrial Alcohol sales are less as compare to the Budget the variance
is Rs64182 lakhs
4 Power sales are higher as compare to Budget Rs3139 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2536
51
DIAGRAM ndash IV ndash 4 (b)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2009 - 10
983090983091983092983094983088
983089983090983090983092 983089983096983088983088
983090983091983097983091983091
983089983090983090983093983090983092983092983089
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2636
52
TABLE ndash IV ndash 4 (C)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2010 ndash 2011
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 26496 1663691 985909
Molasses 983085 22895 22895
Bagasse 675 28673 38827
Industrial Alcohol 1800 237776 57776
Power 1224 102725 19675
(Source Secondary data)
Interpretation
1 The table IV - 4 (c) represents that the sugar sales is higher as compared to
Budget the variance is 985909 lakhs is mainly more off tag
2 Baggage sales is less as compare to Budget the variance is Rs37827
lakhs mainly due to consumption at Baggage is more use for generating
power
3 Industrial Alcohol sales are less as compared to the Budget the variance is
Rs57776 lakhs
4 Power sales are higher as compare to Budget Rs 19675 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2736
53
DIAGRAM ndash IV ndash 4 (c)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2010 - 11
983090983094983092983097983094
983089983090983090983092 983089983096983088983088
983089983094983094983091983094
983089983088983090983095983090983091983095983095
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 3
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 336
29
DIAGRAM ndash IV ndash 1 (C)
DIAGRAM SHOWING THE INCOME AND EXPENDITURE BUDGET
ON DHARANI SUGARS AND CHEMICAL
LIMITED IN THE YEAR 2010 ndash 2011
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 436
30
TABLE - IV ndash 2 (A)
Dharani Sugars and Chemical Limited
Purchase Budget in the year 2008- 2009
Particular Budget Sugarcane
Quantity in Metric Ton
Actual Sugarcane
Quantity in Metric Ton
Raw material consumed 800000 609866
Add closing stock - -
Less opening stock 800000 609866
Purchases 800000 609866
Budgeted amp Actual Rate 1150 116950
Purchase Budget Actual
Purchase Price
9200 712226
(Source Secondary Data)
Interpretation
1 The table IV2(a) represents that the company has to estimated purchase of
Raw material 800000 lakhs metric to me per year But the company can get
only 609866 lakhs tones This is due to water scarcity in some villages
2 The company has estimated the Raw material cost per metric ton is Rs1150
But the actual cost has increases 116950 is mainly due to cane price increased
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 536
31
DIAGRAM ndash IV ndash2 (A)
DIAGRAM SHOWING PURCHASE BUDGET
IN THE YEAR 2008 - 2009
983105983139983156983157983137983148983084 983097983090983088983088
983106983157983140983143983141983156983084 983095983089983090983090
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 636
32
Dharani Sugars and Chemical Limited
Purchase Budget in the year 2009- 2010
Table - IV ndash 2 (B)
Particular Budget Sugarcane
Quantity in Metric Ton
Actual Sugarcane
Quantity in Metric Ton
Raw material consumed 1500000 1416450
Add closing stock - -
Less opening stock 1500000 1416450
Purchases 1500000 1416450
Budgeted amp Actual Rate 1150 1205
Purchase Budget Actual
Purchase Price
17250 1706828
(Source Secondary data)
Interpretation
1 The table IV2 (b) represents that the company has to estimated purchase of
Raw material 1500 lakhs metric ton per year But the company can get only
1416 lakhs tones This is due to water scarcity in some villages
2 The company has estimates the Raw material cost per metric ton Rs1150
But the actual cost has increases Rsl205 is mainly due to cane price increased
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 736
33
DIAGRAM ndash IV ndash 2 (B)
DIAGRAM SHOWING PURCHASE BUDGET
IN THE YEAR 2009 - 2010
983106983157983140983143983141983156983084 983089983095983090983093983088
983105983139983156983157983137983148983084 983089983095983088983094983096
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 836
34
DHARANI SUGARS AND CHEMICAL LIMITED
PURCHASE BUDGET IN THE YEAR 2010 - 2011
Table - IV ndash 2 (B)
Particular Budget Sugarcane
Quantity in Metric Ton
Actual Sugarcane
Quantity in Metric Ton
Raw material consumed 1800000 1507248
Add closing stock - -
Less opening stock 1800000 1507248
Purchases 1800000 1507248
Budgeted amp Actual Rate 1120 1135
Purchase Budget Actual
Purchase Price
20160 1709962
(Source Secondary data)
Interpretation
1 The table IV2 (c) represents that the company has to estimated purchase of
Raw material 1800 lakhs matric tone per year But the company can get only
1507 lakhs tones This is due to water scarcity in some villages
2 The company has estimated the Raw material cost per metric to me is Rsl
120 But the actual cost has increases 1135 is mainly due to cane price
increases
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 936
35
DIAGRAM ndash IV ndash 2 (C)
DIAGRAM SHOWING PURCHASE BUDGET
IN THE YEAR 2010 - 2011
983106983157983140983143983141983156983084 983090983088983089983094983088
983105983139983156983157983137983148983084 983089983095983088983097983097
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1036
36
TABLE - IV ndash 3 (A)
DHARANI SUGARS AND CHEMICAL LIMITED
PRODUCTION BUDGET IN THE YEAR 2008-09
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales
Less Return
Add Closing
Stock
736000
200000
36000
12000
90000000
250000
30000000
45000000
Less
Budgeted
Opening stock
200000 12000 250000
-
Budgeted
Production
736000 36000 1000000 75000000
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1136
37
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty in
liters
Power in Unit
Sales Less
Return
1690248 2000 8706980 59494400
Add Closing
Stock
283193 8303 830174 -
Add Transfer to
distillery
own
consumption
- 27670 1200 24875600
Total (-
)Opening stock
1973441
634281
37973
3796
9538354
1880732
84370000
Actual
Production
1339160 34177 7657622 84370000
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1236
38
Interpretation
1 The Table IV - 3 (a) represents that the company is assured that all the
production material has been sold
2 The Budget production sugar is 736 lakhs quintals But actual production is
Rsl339 lakhs quintals The Sugar production is increased This is mainly due to
raw sugar availability
3 The molasses production is 34177 metric tons as against Budget qty of
36080 matric tones
4
The company is estimated spirit production 9000 lakhs liters But thecompany produced 7658 lakhs liters This is mainly due to molasses reduction
5 The company is estimated power 750 crore units But Power process 84370
Increaseshe power unit This is mainly due to Baggage availability
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1336
39
DIAGRAM - IV ndash 3 (A)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2008-09
983095983091983094983088983088983088
983091983094983088983088983088983088983088
983089983088983088983088983088983088983088
983089983091983091983097983089983094
983091983092983089983095983095983088983088
983095983094983093983095983094983090983090
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1436
40
TABLE - IV ndash 3 (B)
Dharani Sugars and Chemical Limited
Production Budget in the year 2009-10
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closhing
Stock
1380000
200000
67500
12000
9000000
250000
80000000
40000000
(-) Budgeted
Opening stock
200000 12000 250000 4000000
Budgeted
Production
1380000 67500 9000000 8000000
Assumption
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1536
41
Actual Production
Particular Sugar Qty
in Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return Add
Closing
Stock
1380716
216611
23216
16657
10460887
250442
43020800
(+)Transfer to
distillery own
consumption
- 35499 900 27715200
Total
(-)Opening
stock
1597327
283193
75372
8303
10712229
830174
707
36000
Actual
Production
1314134 67069 9882055 7073600
0
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1636
42
Interpretation
1 The table IV - 3 (b) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1380 lakhs quintals as against
actual production 1314 lakhs quintals This is dully sugar content
available in the sugar cane
3 The molasses production is 67069 lares as against Budget quantity of
67500
4 The company is estimated sprit production only 90 lakhs liters But the
company actual produced 9882 lakhs liters this is mainly due to molassesavailability
5 The company is estimated power unit in 800 lakhs units But the
company produced 70736 lakhs unit It is mainly due to Baggage
availability and own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1736
43
DIAGRAM ndash IV - 3 (b)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2009-10
983089983091983096983088983088983088983088
983094983095983093983088983088983088983088
983097983088983088983088983088983088983088
983089983091983089983092983089983091983092
983094983095983088983094983097983088983088
983097983096983096983090983088983093983093
983088
983090983088983088983088983088983088983088
983092983088983088983088983088983088983088
983094983088983088983088983088983088983088
983096983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983089983090983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1836
44
TABLE - IV ndash 3 (C)
Dharani Sugars and Chemical Limited
Production Budget in the year 2010-2011
Particular Sugar Qty in
Quintals
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1656000
200000
81000
12000
9000000
250000
80000000
-
Less Budgeted
Opening stock
200000 12000 250000 -
Budgeted
Production
1656000 81000 9000000 80000000
Assumption -
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1936
45
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1316329
283097
44954
8061
9525923
224844
33528800
(+) Transfer to
distillery own
consumption
- 36000 900 28503775
Total 1599423 89015 9751667 62032575
(-) Opening
stock
216611 16657 250442 -
Actual
Production
1382812 72358 9501225 62032575
(Source Secondary data)
Interpretation
1 The table IV 3(c) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1656 lakhs quintals as against
actual production 1382 lakhs quintals This is dully sugar contant
available in the sugar cane
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2036
46
3 The molasses production is 72358 tones as against Budget quantity
Rs81000
4 The company is estimated sprit production only 90 lakhs liters But the
company actual production 9501 lakhs liters This is mainly due to
molasses availability
5 The company is estimated power unit in 800 lakhs unit But the company
product 62032 lakhs unit It is mainly due to Baggage availability and
own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2136
47
DIAGRAM ndash IV ndash 3 (c)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2010-11
983089983094983093983094983088983088983088
983096983089983088983088983088983088983088
983097983088983088983088983088983088983088
983089983091983096983090983096983089983090
983095983090983091983093983096983088983088
983097983093983088983089983090983090983093
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2236
48
TABLE ndash IV ndash 4 (A)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2008 ndash 2009
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 11776 2889684 1712084
Molasses - 2830 2830
Bagasse 300 8498 21502
Industrial Alcohol 1800 187851 7851
Power 918 183800 92076
(Source Secondary data)
Interpretation
1 The table IV 4 (a) represents that the sugar sales are higher as compared
to Budget the varience is 1712084 lakhs is mainly more off log
2 Baggage sales are less as compared to Budget the variance is Rs21502
lakhs Mainly due to consumption at Baggage is more use of generating
power
3 Industrial Alcohol sales are less as compare to the Budget the variance is
Rs7851 lakhs
4 Power sales are higher as compare to Budget Rs92076 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2336
49
DIAGRAM ndash IV ndash 4 (a)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2008 ndash 09
983089983089983095983095983094
983097983089983096 983089983096983088983088
983090983096983096983097983094
983089983096983091983096 983089983096983095983096
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983091983093983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2436
50
TABLE ndash IV ndash 4 (B)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2009 ndash 2010
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 23460 2393392 47392
Molasses - 22598 22598
Bagasse 565 41120 15380
Industrial Alcohol 1800 244182 64182
Power 1224 122539 3139
(Source Secondary data)
Interpretation
1 The table IV - 4 (b) represents that the sugar sales is higher as
compared to Budget the variance is 47392 lakhs is mainly more off
tag
2 Baggage sales are less as compared to Budget the variance is Rs
1538 lakhs mainly due to consumption at Baggage is more use for
generating power
3 Industrial Alcohol sales are less as compare to the Budget the variance
is Rs64182 lakhs
4 Power sales are higher as compare to Budget Rs3139 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2536
51
DIAGRAM ndash IV ndash 4 (b)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2009 - 10
983090983091983092983094983088
983089983090983090983092 983089983096983088983088
983090983091983097983091983091
983089983090983090983093983090983092983092983089
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2636
52
TABLE ndash IV ndash 4 (C)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2010 ndash 2011
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 26496 1663691 985909
Molasses 983085 22895 22895
Bagasse 675 28673 38827
Industrial Alcohol 1800 237776 57776
Power 1224 102725 19675
(Source Secondary data)
Interpretation
1 The table IV - 4 (c) represents that the sugar sales is higher as compared to
Budget the variance is 985909 lakhs is mainly more off tag
2 Baggage sales is less as compare to Budget the variance is Rs37827
lakhs mainly due to consumption at Baggage is more use for generating
power
3 Industrial Alcohol sales are less as compared to the Budget the variance is
Rs57776 lakhs
4 Power sales are higher as compare to Budget Rs 19675 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2736
53
DIAGRAM ndash IV ndash 4 (c)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2010 - 11
983090983094983092983097983094
983089983090983090983092 983089983096983088983088
983089983094983094983091983094
983089983088983090983095983090983091983095983095
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 4
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 436
30
TABLE - IV ndash 2 (A)
Dharani Sugars and Chemical Limited
Purchase Budget in the year 2008- 2009
Particular Budget Sugarcane
Quantity in Metric Ton
Actual Sugarcane
Quantity in Metric Ton
Raw material consumed 800000 609866
Add closing stock - -
Less opening stock 800000 609866
Purchases 800000 609866
Budgeted amp Actual Rate 1150 116950
Purchase Budget Actual
Purchase Price
9200 712226
(Source Secondary Data)
Interpretation
1 The table IV2(a) represents that the company has to estimated purchase of
Raw material 800000 lakhs metric to me per year But the company can get
only 609866 lakhs tones This is due to water scarcity in some villages
2 The company has estimated the Raw material cost per metric ton is Rs1150
But the actual cost has increases 116950 is mainly due to cane price increased
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 536
31
DIAGRAM ndash IV ndash2 (A)
DIAGRAM SHOWING PURCHASE BUDGET
IN THE YEAR 2008 - 2009
983105983139983156983157983137983148983084 983097983090983088983088
983106983157983140983143983141983156983084 983095983089983090983090
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 636
32
Dharani Sugars and Chemical Limited
Purchase Budget in the year 2009- 2010
Table - IV ndash 2 (B)
Particular Budget Sugarcane
Quantity in Metric Ton
Actual Sugarcane
Quantity in Metric Ton
Raw material consumed 1500000 1416450
Add closing stock - -
Less opening stock 1500000 1416450
Purchases 1500000 1416450
Budgeted amp Actual Rate 1150 1205
Purchase Budget Actual
Purchase Price
17250 1706828
(Source Secondary data)
Interpretation
1 The table IV2 (b) represents that the company has to estimated purchase of
Raw material 1500 lakhs metric ton per year But the company can get only
1416 lakhs tones This is due to water scarcity in some villages
2 The company has estimates the Raw material cost per metric ton Rs1150
But the actual cost has increases Rsl205 is mainly due to cane price increased
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 736
33
DIAGRAM ndash IV ndash 2 (B)
DIAGRAM SHOWING PURCHASE BUDGET
IN THE YEAR 2009 - 2010
983106983157983140983143983141983156983084 983089983095983090983093983088
983105983139983156983157983137983148983084 983089983095983088983094983096
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 836
34
DHARANI SUGARS AND CHEMICAL LIMITED
PURCHASE BUDGET IN THE YEAR 2010 - 2011
Table - IV ndash 2 (B)
Particular Budget Sugarcane
Quantity in Metric Ton
Actual Sugarcane
Quantity in Metric Ton
Raw material consumed 1800000 1507248
Add closing stock - -
Less opening stock 1800000 1507248
Purchases 1800000 1507248
Budgeted amp Actual Rate 1120 1135
Purchase Budget Actual
Purchase Price
20160 1709962
(Source Secondary data)
Interpretation
1 The table IV2 (c) represents that the company has to estimated purchase of
Raw material 1800 lakhs matric tone per year But the company can get only
1507 lakhs tones This is due to water scarcity in some villages
2 The company has estimated the Raw material cost per metric to me is Rsl
120 But the actual cost has increases 1135 is mainly due to cane price
increases
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 936
35
DIAGRAM ndash IV ndash 2 (C)
DIAGRAM SHOWING PURCHASE BUDGET
IN THE YEAR 2010 - 2011
983106983157983140983143983141983156983084 983090983088983089983094983088
983105983139983156983157983137983148983084 983089983095983088983097983097
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1036
36
TABLE - IV ndash 3 (A)
DHARANI SUGARS AND CHEMICAL LIMITED
PRODUCTION BUDGET IN THE YEAR 2008-09
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales
Less Return
Add Closing
Stock
736000
200000
36000
12000
90000000
250000
30000000
45000000
Less
Budgeted
Opening stock
200000 12000 250000
-
Budgeted
Production
736000 36000 1000000 75000000
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1136
37
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty in
liters
Power in Unit
Sales Less
Return
1690248 2000 8706980 59494400
Add Closing
Stock
283193 8303 830174 -
Add Transfer to
distillery
own
consumption
- 27670 1200 24875600
Total (-
)Opening stock
1973441
634281
37973
3796
9538354
1880732
84370000
Actual
Production
1339160 34177 7657622 84370000
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1236
38
Interpretation
1 The Table IV - 3 (a) represents that the company is assured that all the
production material has been sold
2 The Budget production sugar is 736 lakhs quintals But actual production is
Rsl339 lakhs quintals The Sugar production is increased This is mainly due to
raw sugar availability
3 The molasses production is 34177 metric tons as against Budget qty of
36080 matric tones
4
The company is estimated spirit production 9000 lakhs liters But thecompany produced 7658 lakhs liters This is mainly due to molasses reduction
5 The company is estimated power 750 crore units But Power process 84370
Increaseshe power unit This is mainly due to Baggage availability
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1336
39
DIAGRAM - IV ndash 3 (A)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2008-09
983095983091983094983088983088983088
983091983094983088983088983088983088983088
983089983088983088983088983088983088983088
983089983091983091983097983089983094
983091983092983089983095983095983088983088
983095983094983093983095983094983090983090
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1436
40
TABLE - IV ndash 3 (B)
Dharani Sugars and Chemical Limited
Production Budget in the year 2009-10
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closhing
Stock
1380000
200000
67500
12000
9000000
250000
80000000
40000000
(-) Budgeted
Opening stock
200000 12000 250000 4000000
Budgeted
Production
1380000 67500 9000000 8000000
Assumption
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1536
41
Actual Production
Particular Sugar Qty
in Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return Add
Closing
Stock
1380716
216611
23216
16657
10460887
250442
43020800
(+)Transfer to
distillery own
consumption
- 35499 900 27715200
Total
(-)Opening
stock
1597327
283193
75372
8303
10712229
830174
707
36000
Actual
Production
1314134 67069 9882055 7073600
0
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1636
42
Interpretation
1 The table IV - 3 (b) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1380 lakhs quintals as against
actual production 1314 lakhs quintals This is dully sugar content
available in the sugar cane
3 The molasses production is 67069 lares as against Budget quantity of
67500
4 The company is estimated sprit production only 90 lakhs liters But the
company actual produced 9882 lakhs liters this is mainly due to molassesavailability
5 The company is estimated power unit in 800 lakhs units But the
company produced 70736 lakhs unit It is mainly due to Baggage
availability and own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1736
43
DIAGRAM ndash IV - 3 (b)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2009-10
983089983091983096983088983088983088983088
983094983095983093983088983088983088983088
983097983088983088983088983088983088983088
983089983091983089983092983089983091983092
983094983095983088983094983097983088983088
983097983096983096983090983088983093983093
983088
983090983088983088983088983088983088983088
983092983088983088983088983088983088983088
983094983088983088983088983088983088983088
983096983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983089983090983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1836
44
TABLE - IV ndash 3 (C)
Dharani Sugars and Chemical Limited
Production Budget in the year 2010-2011
Particular Sugar Qty in
Quintals
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1656000
200000
81000
12000
9000000
250000
80000000
-
Less Budgeted
Opening stock
200000 12000 250000 -
Budgeted
Production
1656000 81000 9000000 80000000
Assumption -
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1936
45
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1316329
283097
44954
8061
9525923
224844
33528800
(+) Transfer to
distillery own
consumption
- 36000 900 28503775
Total 1599423 89015 9751667 62032575
(-) Opening
stock
216611 16657 250442 -
Actual
Production
1382812 72358 9501225 62032575
(Source Secondary data)
Interpretation
1 The table IV 3(c) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1656 lakhs quintals as against
actual production 1382 lakhs quintals This is dully sugar contant
available in the sugar cane
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2036
46
3 The molasses production is 72358 tones as against Budget quantity
Rs81000
4 The company is estimated sprit production only 90 lakhs liters But the
company actual production 9501 lakhs liters This is mainly due to
molasses availability
5 The company is estimated power unit in 800 lakhs unit But the company
product 62032 lakhs unit It is mainly due to Baggage availability and
own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2136
47
DIAGRAM ndash IV ndash 3 (c)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2010-11
983089983094983093983094983088983088983088
983096983089983088983088983088983088983088
983097983088983088983088983088983088983088
983089983091983096983090983096983089983090
983095983090983091983093983096983088983088
983097983093983088983089983090983090983093
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2236
48
TABLE ndash IV ndash 4 (A)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2008 ndash 2009
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 11776 2889684 1712084
Molasses - 2830 2830
Bagasse 300 8498 21502
Industrial Alcohol 1800 187851 7851
Power 918 183800 92076
(Source Secondary data)
Interpretation
1 The table IV 4 (a) represents that the sugar sales are higher as compared
to Budget the varience is 1712084 lakhs is mainly more off log
2 Baggage sales are less as compared to Budget the variance is Rs21502
lakhs Mainly due to consumption at Baggage is more use of generating
power
3 Industrial Alcohol sales are less as compare to the Budget the variance is
Rs7851 lakhs
4 Power sales are higher as compare to Budget Rs92076 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2336
49
DIAGRAM ndash IV ndash 4 (a)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2008 ndash 09
983089983089983095983095983094
983097983089983096 983089983096983088983088
983090983096983096983097983094
983089983096983091983096 983089983096983095983096
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983091983093983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2436
50
TABLE ndash IV ndash 4 (B)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2009 ndash 2010
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 23460 2393392 47392
Molasses - 22598 22598
Bagasse 565 41120 15380
Industrial Alcohol 1800 244182 64182
Power 1224 122539 3139
(Source Secondary data)
Interpretation
1 The table IV - 4 (b) represents that the sugar sales is higher as
compared to Budget the variance is 47392 lakhs is mainly more off
tag
2 Baggage sales are less as compared to Budget the variance is Rs
1538 lakhs mainly due to consumption at Baggage is more use for
generating power
3 Industrial Alcohol sales are less as compare to the Budget the variance
is Rs64182 lakhs
4 Power sales are higher as compare to Budget Rs3139 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2536
51
DIAGRAM ndash IV ndash 4 (b)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2009 - 10
983090983091983092983094983088
983089983090983090983092 983089983096983088983088
983090983091983097983091983091
983089983090983090983093983090983092983092983089
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2636
52
TABLE ndash IV ndash 4 (C)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2010 ndash 2011
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 26496 1663691 985909
Molasses 983085 22895 22895
Bagasse 675 28673 38827
Industrial Alcohol 1800 237776 57776
Power 1224 102725 19675
(Source Secondary data)
Interpretation
1 The table IV - 4 (c) represents that the sugar sales is higher as compared to
Budget the variance is 985909 lakhs is mainly more off tag
2 Baggage sales is less as compare to Budget the variance is Rs37827
lakhs mainly due to consumption at Baggage is more use for generating
power
3 Industrial Alcohol sales are less as compared to the Budget the variance is
Rs57776 lakhs
4 Power sales are higher as compare to Budget Rs 19675 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2736
53
DIAGRAM ndash IV ndash 4 (c)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2010 - 11
983090983094983092983097983094
983089983090983090983092 983089983096983088983088
983089983094983094983091983094
983089983088983090983095983090983091983095983095
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 5
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 536
31
DIAGRAM ndash IV ndash2 (A)
DIAGRAM SHOWING PURCHASE BUDGET
IN THE YEAR 2008 - 2009
983105983139983156983157983137983148983084 983097983090983088983088
983106983157983140983143983141983156983084 983095983089983090983090
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 636
32
Dharani Sugars and Chemical Limited
Purchase Budget in the year 2009- 2010
Table - IV ndash 2 (B)
Particular Budget Sugarcane
Quantity in Metric Ton
Actual Sugarcane
Quantity in Metric Ton
Raw material consumed 1500000 1416450
Add closing stock - -
Less opening stock 1500000 1416450
Purchases 1500000 1416450
Budgeted amp Actual Rate 1150 1205
Purchase Budget Actual
Purchase Price
17250 1706828
(Source Secondary data)
Interpretation
1 The table IV2 (b) represents that the company has to estimated purchase of
Raw material 1500 lakhs metric ton per year But the company can get only
1416 lakhs tones This is due to water scarcity in some villages
2 The company has estimates the Raw material cost per metric ton Rs1150
But the actual cost has increases Rsl205 is mainly due to cane price increased
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 736
33
DIAGRAM ndash IV ndash 2 (B)
DIAGRAM SHOWING PURCHASE BUDGET
IN THE YEAR 2009 - 2010
983106983157983140983143983141983156983084 983089983095983090983093983088
983105983139983156983157983137983148983084 983089983095983088983094983096
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 836
34
DHARANI SUGARS AND CHEMICAL LIMITED
PURCHASE BUDGET IN THE YEAR 2010 - 2011
Table - IV ndash 2 (B)
Particular Budget Sugarcane
Quantity in Metric Ton
Actual Sugarcane
Quantity in Metric Ton
Raw material consumed 1800000 1507248
Add closing stock - -
Less opening stock 1800000 1507248
Purchases 1800000 1507248
Budgeted amp Actual Rate 1120 1135
Purchase Budget Actual
Purchase Price
20160 1709962
(Source Secondary data)
Interpretation
1 The table IV2 (c) represents that the company has to estimated purchase of
Raw material 1800 lakhs matric tone per year But the company can get only
1507 lakhs tones This is due to water scarcity in some villages
2 The company has estimated the Raw material cost per metric to me is Rsl
120 But the actual cost has increases 1135 is mainly due to cane price
increases
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 936
35
DIAGRAM ndash IV ndash 2 (C)
DIAGRAM SHOWING PURCHASE BUDGET
IN THE YEAR 2010 - 2011
983106983157983140983143983141983156983084 983090983088983089983094983088
983105983139983156983157983137983148983084 983089983095983088983097983097
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1036
36
TABLE - IV ndash 3 (A)
DHARANI SUGARS AND CHEMICAL LIMITED
PRODUCTION BUDGET IN THE YEAR 2008-09
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales
Less Return
Add Closing
Stock
736000
200000
36000
12000
90000000
250000
30000000
45000000
Less
Budgeted
Opening stock
200000 12000 250000
-
Budgeted
Production
736000 36000 1000000 75000000
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1136
37
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty in
liters
Power in Unit
Sales Less
Return
1690248 2000 8706980 59494400
Add Closing
Stock
283193 8303 830174 -
Add Transfer to
distillery
own
consumption
- 27670 1200 24875600
Total (-
)Opening stock
1973441
634281
37973
3796
9538354
1880732
84370000
Actual
Production
1339160 34177 7657622 84370000
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1236
38
Interpretation
1 The Table IV - 3 (a) represents that the company is assured that all the
production material has been sold
2 The Budget production sugar is 736 lakhs quintals But actual production is
Rsl339 lakhs quintals The Sugar production is increased This is mainly due to
raw sugar availability
3 The molasses production is 34177 metric tons as against Budget qty of
36080 matric tones
4
The company is estimated spirit production 9000 lakhs liters But thecompany produced 7658 lakhs liters This is mainly due to molasses reduction
5 The company is estimated power 750 crore units But Power process 84370
Increaseshe power unit This is mainly due to Baggage availability
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1336
39
DIAGRAM - IV ndash 3 (A)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2008-09
983095983091983094983088983088983088
983091983094983088983088983088983088983088
983089983088983088983088983088983088983088
983089983091983091983097983089983094
983091983092983089983095983095983088983088
983095983094983093983095983094983090983090
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1436
40
TABLE - IV ndash 3 (B)
Dharani Sugars and Chemical Limited
Production Budget in the year 2009-10
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closhing
Stock
1380000
200000
67500
12000
9000000
250000
80000000
40000000
(-) Budgeted
Opening stock
200000 12000 250000 4000000
Budgeted
Production
1380000 67500 9000000 8000000
Assumption
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1536
41
Actual Production
Particular Sugar Qty
in Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return Add
Closing
Stock
1380716
216611
23216
16657
10460887
250442
43020800
(+)Transfer to
distillery own
consumption
- 35499 900 27715200
Total
(-)Opening
stock
1597327
283193
75372
8303
10712229
830174
707
36000
Actual
Production
1314134 67069 9882055 7073600
0
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1636
42
Interpretation
1 The table IV - 3 (b) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1380 lakhs quintals as against
actual production 1314 lakhs quintals This is dully sugar content
available in the sugar cane
3 The molasses production is 67069 lares as against Budget quantity of
67500
4 The company is estimated sprit production only 90 lakhs liters But the
company actual produced 9882 lakhs liters this is mainly due to molassesavailability
5 The company is estimated power unit in 800 lakhs units But the
company produced 70736 lakhs unit It is mainly due to Baggage
availability and own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1736
43
DIAGRAM ndash IV - 3 (b)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2009-10
983089983091983096983088983088983088983088
983094983095983093983088983088983088983088
983097983088983088983088983088983088983088
983089983091983089983092983089983091983092
983094983095983088983094983097983088983088
983097983096983096983090983088983093983093
983088
983090983088983088983088983088983088983088
983092983088983088983088983088983088983088
983094983088983088983088983088983088983088
983096983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983089983090983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1836
44
TABLE - IV ndash 3 (C)
Dharani Sugars and Chemical Limited
Production Budget in the year 2010-2011
Particular Sugar Qty in
Quintals
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1656000
200000
81000
12000
9000000
250000
80000000
-
Less Budgeted
Opening stock
200000 12000 250000 -
Budgeted
Production
1656000 81000 9000000 80000000
Assumption -
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1936
45
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1316329
283097
44954
8061
9525923
224844
33528800
(+) Transfer to
distillery own
consumption
- 36000 900 28503775
Total 1599423 89015 9751667 62032575
(-) Opening
stock
216611 16657 250442 -
Actual
Production
1382812 72358 9501225 62032575
(Source Secondary data)
Interpretation
1 The table IV 3(c) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1656 lakhs quintals as against
actual production 1382 lakhs quintals This is dully sugar contant
available in the sugar cane
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2036
46
3 The molasses production is 72358 tones as against Budget quantity
Rs81000
4 The company is estimated sprit production only 90 lakhs liters But the
company actual production 9501 lakhs liters This is mainly due to
molasses availability
5 The company is estimated power unit in 800 lakhs unit But the company
product 62032 lakhs unit It is mainly due to Baggage availability and
own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2136
47
DIAGRAM ndash IV ndash 3 (c)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2010-11
983089983094983093983094983088983088983088
983096983089983088983088983088983088983088
983097983088983088983088983088983088983088
983089983091983096983090983096983089983090
983095983090983091983093983096983088983088
983097983093983088983089983090983090983093
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2236
48
TABLE ndash IV ndash 4 (A)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2008 ndash 2009
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 11776 2889684 1712084
Molasses - 2830 2830
Bagasse 300 8498 21502
Industrial Alcohol 1800 187851 7851
Power 918 183800 92076
(Source Secondary data)
Interpretation
1 The table IV 4 (a) represents that the sugar sales are higher as compared
to Budget the varience is 1712084 lakhs is mainly more off log
2 Baggage sales are less as compared to Budget the variance is Rs21502
lakhs Mainly due to consumption at Baggage is more use of generating
power
3 Industrial Alcohol sales are less as compare to the Budget the variance is
Rs7851 lakhs
4 Power sales are higher as compare to Budget Rs92076 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2336
49
DIAGRAM ndash IV ndash 4 (a)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2008 ndash 09
983089983089983095983095983094
983097983089983096 983089983096983088983088
983090983096983096983097983094
983089983096983091983096 983089983096983095983096
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983091983093983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2436
50
TABLE ndash IV ndash 4 (B)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2009 ndash 2010
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 23460 2393392 47392
Molasses - 22598 22598
Bagasse 565 41120 15380
Industrial Alcohol 1800 244182 64182
Power 1224 122539 3139
(Source Secondary data)
Interpretation
1 The table IV - 4 (b) represents that the sugar sales is higher as
compared to Budget the variance is 47392 lakhs is mainly more off
tag
2 Baggage sales are less as compared to Budget the variance is Rs
1538 lakhs mainly due to consumption at Baggage is more use for
generating power
3 Industrial Alcohol sales are less as compare to the Budget the variance
is Rs64182 lakhs
4 Power sales are higher as compare to Budget Rs3139 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2536
51
DIAGRAM ndash IV ndash 4 (b)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2009 - 10
983090983091983092983094983088
983089983090983090983092 983089983096983088983088
983090983091983097983091983091
983089983090983090983093983090983092983092983089
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2636
52
TABLE ndash IV ndash 4 (C)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2010 ndash 2011
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 26496 1663691 985909
Molasses 983085 22895 22895
Bagasse 675 28673 38827
Industrial Alcohol 1800 237776 57776
Power 1224 102725 19675
(Source Secondary data)
Interpretation
1 The table IV - 4 (c) represents that the sugar sales is higher as compared to
Budget the variance is 985909 lakhs is mainly more off tag
2 Baggage sales is less as compare to Budget the variance is Rs37827
lakhs mainly due to consumption at Baggage is more use for generating
power
3 Industrial Alcohol sales are less as compared to the Budget the variance is
Rs57776 lakhs
4 Power sales are higher as compare to Budget Rs 19675 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2736
53
DIAGRAM ndash IV ndash 4 (c)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2010 - 11
983090983094983092983097983094
983089983090983090983092 983089983096983088983088
983089983094983094983091983094
983089983088983090983095983090983091983095983095
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 6
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 636
32
Dharani Sugars and Chemical Limited
Purchase Budget in the year 2009- 2010
Table - IV ndash 2 (B)
Particular Budget Sugarcane
Quantity in Metric Ton
Actual Sugarcane
Quantity in Metric Ton
Raw material consumed 1500000 1416450
Add closing stock - -
Less opening stock 1500000 1416450
Purchases 1500000 1416450
Budgeted amp Actual Rate 1150 1205
Purchase Budget Actual
Purchase Price
17250 1706828
(Source Secondary data)
Interpretation
1 The table IV2 (b) represents that the company has to estimated purchase of
Raw material 1500 lakhs metric ton per year But the company can get only
1416 lakhs tones This is due to water scarcity in some villages
2 The company has estimates the Raw material cost per metric ton Rs1150
But the actual cost has increases Rsl205 is mainly due to cane price increased
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 736
33
DIAGRAM ndash IV ndash 2 (B)
DIAGRAM SHOWING PURCHASE BUDGET
IN THE YEAR 2009 - 2010
983106983157983140983143983141983156983084 983089983095983090983093983088
983105983139983156983157983137983148983084 983089983095983088983094983096
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 836
34
DHARANI SUGARS AND CHEMICAL LIMITED
PURCHASE BUDGET IN THE YEAR 2010 - 2011
Table - IV ndash 2 (B)
Particular Budget Sugarcane
Quantity in Metric Ton
Actual Sugarcane
Quantity in Metric Ton
Raw material consumed 1800000 1507248
Add closing stock - -
Less opening stock 1800000 1507248
Purchases 1800000 1507248
Budgeted amp Actual Rate 1120 1135
Purchase Budget Actual
Purchase Price
20160 1709962
(Source Secondary data)
Interpretation
1 The table IV2 (c) represents that the company has to estimated purchase of
Raw material 1800 lakhs matric tone per year But the company can get only
1507 lakhs tones This is due to water scarcity in some villages
2 The company has estimated the Raw material cost per metric to me is Rsl
120 But the actual cost has increases 1135 is mainly due to cane price
increases
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 936
35
DIAGRAM ndash IV ndash 2 (C)
DIAGRAM SHOWING PURCHASE BUDGET
IN THE YEAR 2010 - 2011
983106983157983140983143983141983156983084 983090983088983089983094983088
983105983139983156983157983137983148983084 983089983095983088983097983097
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1036
36
TABLE - IV ndash 3 (A)
DHARANI SUGARS AND CHEMICAL LIMITED
PRODUCTION BUDGET IN THE YEAR 2008-09
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales
Less Return
Add Closing
Stock
736000
200000
36000
12000
90000000
250000
30000000
45000000
Less
Budgeted
Opening stock
200000 12000 250000
-
Budgeted
Production
736000 36000 1000000 75000000
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1136
37
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty in
liters
Power in Unit
Sales Less
Return
1690248 2000 8706980 59494400
Add Closing
Stock
283193 8303 830174 -
Add Transfer to
distillery
own
consumption
- 27670 1200 24875600
Total (-
)Opening stock
1973441
634281
37973
3796
9538354
1880732
84370000
Actual
Production
1339160 34177 7657622 84370000
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1236
38
Interpretation
1 The Table IV - 3 (a) represents that the company is assured that all the
production material has been sold
2 The Budget production sugar is 736 lakhs quintals But actual production is
Rsl339 lakhs quintals The Sugar production is increased This is mainly due to
raw sugar availability
3 The molasses production is 34177 metric tons as against Budget qty of
36080 matric tones
4
The company is estimated spirit production 9000 lakhs liters But thecompany produced 7658 lakhs liters This is mainly due to molasses reduction
5 The company is estimated power 750 crore units But Power process 84370
Increaseshe power unit This is mainly due to Baggage availability
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1336
39
DIAGRAM - IV ndash 3 (A)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2008-09
983095983091983094983088983088983088
983091983094983088983088983088983088983088
983089983088983088983088983088983088983088
983089983091983091983097983089983094
983091983092983089983095983095983088983088
983095983094983093983095983094983090983090
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1436
40
TABLE - IV ndash 3 (B)
Dharani Sugars and Chemical Limited
Production Budget in the year 2009-10
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closhing
Stock
1380000
200000
67500
12000
9000000
250000
80000000
40000000
(-) Budgeted
Opening stock
200000 12000 250000 4000000
Budgeted
Production
1380000 67500 9000000 8000000
Assumption
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1536
41
Actual Production
Particular Sugar Qty
in Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return Add
Closing
Stock
1380716
216611
23216
16657
10460887
250442
43020800
(+)Transfer to
distillery own
consumption
- 35499 900 27715200
Total
(-)Opening
stock
1597327
283193
75372
8303
10712229
830174
707
36000
Actual
Production
1314134 67069 9882055 7073600
0
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1636
42
Interpretation
1 The table IV - 3 (b) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1380 lakhs quintals as against
actual production 1314 lakhs quintals This is dully sugar content
available in the sugar cane
3 The molasses production is 67069 lares as against Budget quantity of
67500
4 The company is estimated sprit production only 90 lakhs liters But the
company actual produced 9882 lakhs liters this is mainly due to molassesavailability
5 The company is estimated power unit in 800 lakhs units But the
company produced 70736 lakhs unit It is mainly due to Baggage
availability and own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1736
43
DIAGRAM ndash IV - 3 (b)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2009-10
983089983091983096983088983088983088983088
983094983095983093983088983088983088983088
983097983088983088983088983088983088983088
983089983091983089983092983089983091983092
983094983095983088983094983097983088983088
983097983096983096983090983088983093983093
983088
983090983088983088983088983088983088983088
983092983088983088983088983088983088983088
983094983088983088983088983088983088983088
983096983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983089983090983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1836
44
TABLE - IV ndash 3 (C)
Dharani Sugars and Chemical Limited
Production Budget in the year 2010-2011
Particular Sugar Qty in
Quintals
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1656000
200000
81000
12000
9000000
250000
80000000
-
Less Budgeted
Opening stock
200000 12000 250000 -
Budgeted
Production
1656000 81000 9000000 80000000
Assumption -
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1936
45
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1316329
283097
44954
8061
9525923
224844
33528800
(+) Transfer to
distillery own
consumption
- 36000 900 28503775
Total 1599423 89015 9751667 62032575
(-) Opening
stock
216611 16657 250442 -
Actual
Production
1382812 72358 9501225 62032575
(Source Secondary data)
Interpretation
1 The table IV 3(c) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1656 lakhs quintals as against
actual production 1382 lakhs quintals This is dully sugar contant
available in the sugar cane
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2036
46
3 The molasses production is 72358 tones as against Budget quantity
Rs81000
4 The company is estimated sprit production only 90 lakhs liters But the
company actual production 9501 lakhs liters This is mainly due to
molasses availability
5 The company is estimated power unit in 800 lakhs unit But the company
product 62032 lakhs unit It is mainly due to Baggage availability and
own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2136
47
DIAGRAM ndash IV ndash 3 (c)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2010-11
983089983094983093983094983088983088983088
983096983089983088983088983088983088983088
983097983088983088983088983088983088983088
983089983091983096983090983096983089983090
983095983090983091983093983096983088983088
983097983093983088983089983090983090983093
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2236
48
TABLE ndash IV ndash 4 (A)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2008 ndash 2009
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 11776 2889684 1712084
Molasses - 2830 2830
Bagasse 300 8498 21502
Industrial Alcohol 1800 187851 7851
Power 918 183800 92076
(Source Secondary data)
Interpretation
1 The table IV 4 (a) represents that the sugar sales are higher as compared
to Budget the varience is 1712084 lakhs is mainly more off log
2 Baggage sales are less as compared to Budget the variance is Rs21502
lakhs Mainly due to consumption at Baggage is more use of generating
power
3 Industrial Alcohol sales are less as compare to the Budget the variance is
Rs7851 lakhs
4 Power sales are higher as compare to Budget Rs92076 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2336
49
DIAGRAM ndash IV ndash 4 (a)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2008 ndash 09
983089983089983095983095983094
983097983089983096 983089983096983088983088
983090983096983096983097983094
983089983096983091983096 983089983096983095983096
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983091983093983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2436
50
TABLE ndash IV ndash 4 (B)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2009 ndash 2010
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 23460 2393392 47392
Molasses - 22598 22598
Bagasse 565 41120 15380
Industrial Alcohol 1800 244182 64182
Power 1224 122539 3139
(Source Secondary data)
Interpretation
1 The table IV - 4 (b) represents that the sugar sales is higher as
compared to Budget the variance is 47392 lakhs is mainly more off
tag
2 Baggage sales are less as compared to Budget the variance is Rs
1538 lakhs mainly due to consumption at Baggage is more use for
generating power
3 Industrial Alcohol sales are less as compare to the Budget the variance
is Rs64182 lakhs
4 Power sales are higher as compare to Budget Rs3139 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2536
51
DIAGRAM ndash IV ndash 4 (b)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2009 - 10
983090983091983092983094983088
983089983090983090983092 983089983096983088983088
983090983091983097983091983091
983089983090983090983093983090983092983092983089
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2636
52
TABLE ndash IV ndash 4 (C)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2010 ndash 2011
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 26496 1663691 985909
Molasses 983085 22895 22895
Bagasse 675 28673 38827
Industrial Alcohol 1800 237776 57776
Power 1224 102725 19675
(Source Secondary data)
Interpretation
1 The table IV - 4 (c) represents that the sugar sales is higher as compared to
Budget the variance is 985909 lakhs is mainly more off tag
2 Baggage sales is less as compare to Budget the variance is Rs37827
lakhs mainly due to consumption at Baggage is more use for generating
power
3 Industrial Alcohol sales are less as compared to the Budget the variance is
Rs57776 lakhs
4 Power sales are higher as compare to Budget Rs 19675 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2736
53
DIAGRAM ndash IV ndash 4 (c)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2010 - 11
983090983094983092983097983094
983089983090983090983092 983089983096983088983088
983089983094983094983091983094
983089983088983090983095983090983091983095983095
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 7
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 736
33
DIAGRAM ndash IV ndash 2 (B)
DIAGRAM SHOWING PURCHASE BUDGET
IN THE YEAR 2009 - 2010
983106983157983140983143983141983156983084 983089983095983090983093983088
983105983139983156983157983137983148983084 983089983095983088983094983096
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 836
34
DHARANI SUGARS AND CHEMICAL LIMITED
PURCHASE BUDGET IN THE YEAR 2010 - 2011
Table - IV ndash 2 (B)
Particular Budget Sugarcane
Quantity in Metric Ton
Actual Sugarcane
Quantity in Metric Ton
Raw material consumed 1800000 1507248
Add closing stock - -
Less opening stock 1800000 1507248
Purchases 1800000 1507248
Budgeted amp Actual Rate 1120 1135
Purchase Budget Actual
Purchase Price
20160 1709962
(Source Secondary data)
Interpretation
1 The table IV2 (c) represents that the company has to estimated purchase of
Raw material 1800 lakhs matric tone per year But the company can get only
1507 lakhs tones This is due to water scarcity in some villages
2 The company has estimated the Raw material cost per metric to me is Rsl
120 But the actual cost has increases 1135 is mainly due to cane price
increases
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 936
35
DIAGRAM ndash IV ndash 2 (C)
DIAGRAM SHOWING PURCHASE BUDGET
IN THE YEAR 2010 - 2011
983106983157983140983143983141983156983084 983090983088983089983094983088
983105983139983156983157983137983148983084 983089983095983088983097983097
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1036
36
TABLE - IV ndash 3 (A)
DHARANI SUGARS AND CHEMICAL LIMITED
PRODUCTION BUDGET IN THE YEAR 2008-09
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales
Less Return
Add Closing
Stock
736000
200000
36000
12000
90000000
250000
30000000
45000000
Less
Budgeted
Opening stock
200000 12000 250000
-
Budgeted
Production
736000 36000 1000000 75000000
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1136
37
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty in
liters
Power in Unit
Sales Less
Return
1690248 2000 8706980 59494400
Add Closing
Stock
283193 8303 830174 -
Add Transfer to
distillery
own
consumption
- 27670 1200 24875600
Total (-
)Opening stock
1973441
634281
37973
3796
9538354
1880732
84370000
Actual
Production
1339160 34177 7657622 84370000
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1236
38
Interpretation
1 The Table IV - 3 (a) represents that the company is assured that all the
production material has been sold
2 The Budget production sugar is 736 lakhs quintals But actual production is
Rsl339 lakhs quintals The Sugar production is increased This is mainly due to
raw sugar availability
3 The molasses production is 34177 metric tons as against Budget qty of
36080 matric tones
4
The company is estimated spirit production 9000 lakhs liters But thecompany produced 7658 lakhs liters This is mainly due to molasses reduction
5 The company is estimated power 750 crore units But Power process 84370
Increaseshe power unit This is mainly due to Baggage availability
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1336
39
DIAGRAM - IV ndash 3 (A)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2008-09
983095983091983094983088983088983088
983091983094983088983088983088983088983088
983089983088983088983088983088983088983088
983089983091983091983097983089983094
983091983092983089983095983095983088983088
983095983094983093983095983094983090983090
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1436
40
TABLE - IV ndash 3 (B)
Dharani Sugars and Chemical Limited
Production Budget in the year 2009-10
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closhing
Stock
1380000
200000
67500
12000
9000000
250000
80000000
40000000
(-) Budgeted
Opening stock
200000 12000 250000 4000000
Budgeted
Production
1380000 67500 9000000 8000000
Assumption
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1536
41
Actual Production
Particular Sugar Qty
in Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return Add
Closing
Stock
1380716
216611
23216
16657
10460887
250442
43020800
(+)Transfer to
distillery own
consumption
- 35499 900 27715200
Total
(-)Opening
stock
1597327
283193
75372
8303
10712229
830174
707
36000
Actual
Production
1314134 67069 9882055 7073600
0
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1636
42
Interpretation
1 The table IV - 3 (b) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1380 lakhs quintals as against
actual production 1314 lakhs quintals This is dully sugar content
available in the sugar cane
3 The molasses production is 67069 lares as against Budget quantity of
67500
4 The company is estimated sprit production only 90 lakhs liters But the
company actual produced 9882 lakhs liters this is mainly due to molassesavailability
5 The company is estimated power unit in 800 lakhs units But the
company produced 70736 lakhs unit It is mainly due to Baggage
availability and own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1736
43
DIAGRAM ndash IV - 3 (b)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2009-10
983089983091983096983088983088983088983088
983094983095983093983088983088983088983088
983097983088983088983088983088983088983088
983089983091983089983092983089983091983092
983094983095983088983094983097983088983088
983097983096983096983090983088983093983093
983088
983090983088983088983088983088983088983088
983092983088983088983088983088983088983088
983094983088983088983088983088983088983088
983096983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983089983090983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1836
44
TABLE - IV ndash 3 (C)
Dharani Sugars and Chemical Limited
Production Budget in the year 2010-2011
Particular Sugar Qty in
Quintals
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1656000
200000
81000
12000
9000000
250000
80000000
-
Less Budgeted
Opening stock
200000 12000 250000 -
Budgeted
Production
1656000 81000 9000000 80000000
Assumption -
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1936
45
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1316329
283097
44954
8061
9525923
224844
33528800
(+) Transfer to
distillery own
consumption
- 36000 900 28503775
Total 1599423 89015 9751667 62032575
(-) Opening
stock
216611 16657 250442 -
Actual
Production
1382812 72358 9501225 62032575
(Source Secondary data)
Interpretation
1 The table IV 3(c) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1656 lakhs quintals as against
actual production 1382 lakhs quintals This is dully sugar contant
available in the sugar cane
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2036
46
3 The molasses production is 72358 tones as against Budget quantity
Rs81000
4 The company is estimated sprit production only 90 lakhs liters But the
company actual production 9501 lakhs liters This is mainly due to
molasses availability
5 The company is estimated power unit in 800 lakhs unit But the company
product 62032 lakhs unit It is mainly due to Baggage availability and
own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2136
47
DIAGRAM ndash IV ndash 3 (c)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2010-11
983089983094983093983094983088983088983088
983096983089983088983088983088983088983088
983097983088983088983088983088983088983088
983089983091983096983090983096983089983090
983095983090983091983093983096983088983088
983097983093983088983089983090983090983093
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2236
48
TABLE ndash IV ndash 4 (A)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2008 ndash 2009
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 11776 2889684 1712084
Molasses - 2830 2830
Bagasse 300 8498 21502
Industrial Alcohol 1800 187851 7851
Power 918 183800 92076
(Source Secondary data)
Interpretation
1 The table IV 4 (a) represents that the sugar sales are higher as compared
to Budget the varience is 1712084 lakhs is mainly more off log
2 Baggage sales are less as compared to Budget the variance is Rs21502
lakhs Mainly due to consumption at Baggage is more use of generating
power
3 Industrial Alcohol sales are less as compare to the Budget the variance is
Rs7851 lakhs
4 Power sales are higher as compare to Budget Rs92076 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2336
49
DIAGRAM ndash IV ndash 4 (a)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2008 ndash 09
983089983089983095983095983094
983097983089983096 983089983096983088983088
983090983096983096983097983094
983089983096983091983096 983089983096983095983096
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983091983093983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2436
50
TABLE ndash IV ndash 4 (B)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2009 ndash 2010
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 23460 2393392 47392
Molasses - 22598 22598
Bagasse 565 41120 15380
Industrial Alcohol 1800 244182 64182
Power 1224 122539 3139
(Source Secondary data)
Interpretation
1 The table IV - 4 (b) represents that the sugar sales is higher as
compared to Budget the variance is 47392 lakhs is mainly more off
tag
2 Baggage sales are less as compared to Budget the variance is Rs
1538 lakhs mainly due to consumption at Baggage is more use for
generating power
3 Industrial Alcohol sales are less as compare to the Budget the variance
is Rs64182 lakhs
4 Power sales are higher as compare to Budget Rs3139 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2536
51
DIAGRAM ndash IV ndash 4 (b)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2009 - 10
983090983091983092983094983088
983089983090983090983092 983089983096983088983088
983090983091983097983091983091
983089983090983090983093983090983092983092983089
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2636
52
TABLE ndash IV ndash 4 (C)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2010 ndash 2011
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 26496 1663691 985909
Molasses 983085 22895 22895
Bagasse 675 28673 38827
Industrial Alcohol 1800 237776 57776
Power 1224 102725 19675
(Source Secondary data)
Interpretation
1 The table IV - 4 (c) represents that the sugar sales is higher as compared to
Budget the variance is 985909 lakhs is mainly more off tag
2 Baggage sales is less as compare to Budget the variance is Rs37827
lakhs mainly due to consumption at Baggage is more use for generating
power
3 Industrial Alcohol sales are less as compared to the Budget the variance is
Rs57776 lakhs
4 Power sales are higher as compare to Budget Rs 19675 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2736
53
DIAGRAM ndash IV ndash 4 (c)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2010 - 11
983090983094983092983097983094
983089983090983090983092 983089983096983088983088
983089983094983094983091983094
983089983088983090983095983090983091983095983095
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 8
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 836
34
DHARANI SUGARS AND CHEMICAL LIMITED
PURCHASE BUDGET IN THE YEAR 2010 - 2011
Table - IV ndash 2 (B)
Particular Budget Sugarcane
Quantity in Metric Ton
Actual Sugarcane
Quantity in Metric Ton
Raw material consumed 1800000 1507248
Add closing stock - -
Less opening stock 1800000 1507248
Purchases 1800000 1507248
Budgeted amp Actual Rate 1120 1135
Purchase Budget Actual
Purchase Price
20160 1709962
(Source Secondary data)
Interpretation
1 The table IV2 (c) represents that the company has to estimated purchase of
Raw material 1800 lakhs matric tone per year But the company can get only
1507 lakhs tones This is due to water scarcity in some villages
2 The company has estimated the Raw material cost per metric to me is Rsl
120 But the actual cost has increases 1135 is mainly due to cane price
increases
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 936
35
DIAGRAM ndash IV ndash 2 (C)
DIAGRAM SHOWING PURCHASE BUDGET
IN THE YEAR 2010 - 2011
983106983157983140983143983141983156983084 983090983088983089983094983088
983105983139983156983157983137983148983084 983089983095983088983097983097
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1036
36
TABLE - IV ndash 3 (A)
DHARANI SUGARS AND CHEMICAL LIMITED
PRODUCTION BUDGET IN THE YEAR 2008-09
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales
Less Return
Add Closing
Stock
736000
200000
36000
12000
90000000
250000
30000000
45000000
Less
Budgeted
Opening stock
200000 12000 250000
-
Budgeted
Production
736000 36000 1000000 75000000
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1136
37
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty in
liters
Power in Unit
Sales Less
Return
1690248 2000 8706980 59494400
Add Closing
Stock
283193 8303 830174 -
Add Transfer to
distillery
own
consumption
- 27670 1200 24875600
Total (-
)Opening stock
1973441
634281
37973
3796
9538354
1880732
84370000
Actual
Production
1339160 34177 7657622 84370000
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1236
38
Interpretation
1 The Table IV - 3 (a) represents that the company is assured that all the
production material has been sold
2 The Budget production sugar is 736 lakhs quintals But actual production is
Rsl339 lakhs quintals The Sugar production is increased This is mainly due to
raw sugar availability
3 The molasses production is 34177 metric tons as against Budget qty of
36080 matric tones
4
The company is estimated spirit production 9000 lakhs liters But thecompany produced 7658 lakhs liters This is mainly due to molasses reduction
5 The company is estimated power 750 crore units But Power process 84370
Increaseshe power unit This is mainly due to Baggage availability
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1336
39
DIAGRAM - IV ndash 3 (A)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2008-09
983095983091983094983088983088983088
983091983094983088983088983088983088983088
983089983088983088983088983088983088983088
983089983091983091983097983089983094
983091983092983089983095983095983088983088
983095983094983093983095983094983090983090
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1436
40
TABLE - IV ndash 3 (B)
Dharani Sugars and Chemical Limited
Production Budget in the year 2009-10
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closhing
Stock
1380000
200000
67500
12000
9000000
250000
80000000
40000000
(-) Budgeted
Opening stock
200000 12000 250000 4000000
Budgeted
Production
1380000 67500 9000000 8000000
Assumption
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1536
41
Actual Production
Particular Sugar Qty
in Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return Add
Closing
Stock
1380716
216611
23216
16657
10460887
250442
43020800
(+)Transfer to
distillery own
consumption
- 35499 900 27715200
Total
(-)Opening
stock
1597327
283193
75372
8303
10712229
830174
707
36000
Actual
Production
1314134 67069 9882055 7073600
0
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1636
42
Interpretation
1 The table IV - 3 (b) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1380 lakhs quintals as against
actual production 1314 lakhs quintals This is dully sugar content
available in the sugar cane
3 The molasses production is 67069 lares as against Budget quantity of
67500
4 The company is estimated sprit production only 90 lakhs liters But the
company actual produced 9882 lakhs liters this is mainly due to molassesavailability
5 The company is estimated power unit in 800 lakhs units But the
company produced 70736 lakhs unit It is mainly due to Baggage
availability and own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1736
43
DIAGRAM ndash IV - 3 (b)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2009-10
983089983091983096983088983088983088983088
983094983095983093983088983088983088983088
983097983088983088983088983088983088983088
983089983091983089983092983089983091983092
983094983095983088983094983097983088983088
983097983096983096983090983088983093983093
983088
983090983088983088983088983088983088983088
983092983088983088983088983088983088983088
983094983088983088983088983088983088983088
983096983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983089983090983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1836
44
TABLE - IV ndash 3 (C)
Dharani Sugars and Chemical Limited
Production Budget in the year 2010-2011
Particular Sugar Qty in
Quintals
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1656000
200000
81000
12000
9000000
250000
80000000
-
Less Budgeted
Opening stock
200000 12000 250000 -
Budgeted
Production
1656000 81000 9000000 80000000
Assumption -
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1936
45
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1316329
283097
44954
8061
9525923
224844
33528800
(+) Transfer to
distillery own
consumption
- 36000 900 28503775
Total 1599423 89015 9751667 62032575
(-) Opening
stock
216611 16657 250442 -
Actual
Production
1382812 72358 9501225 62032575
(Source Secondary data)
Interpretation
1 The table IV 3(c) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1656 lakhs quintals as against
actual production 1382 lakhs quintals This is dully sugar contant
available in the sugar cane
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2036
46
3 The molasses production is 72358 tones as against Budget quantity
Rs81000
4 The company is estimated sprit production only 90 lakhs liters But the
company actual production 9501 lakhs liters This is mainly due to
molasses availability
5 The company is estimated power unit in 800 lakhs unit But the company
product 62032 lakhs unit It is mainly due to Baggage availability and
own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2136
47
DIAGRAM ndash IV ndash 3 (c)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2010-11
983089983094983093983094983088983088983088
983096983089983088983088983088983088983088
983097983088983088983088983088983088983088
983089983091983096983090983096983089983090
983095983090983091983093983096983088983088
983097983093983088983089983090983090983093
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2236
48
TABLE ndash IV ndash 4 (A)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2008 ndash 2009
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 11776 2889684 1712084
Molasses - 2830 2830
Bagasse 300 8498 21502
Industrial Alcohol 1800 187851 7851
Power 918 183800 92076
(Source Secondary data)
Interpretation
1 The table IV 4 (a) represents that the sugar sales are higher as compared
to Budget the varience is 1712084 lakhs is mainly more off log
2 Baggage sales are less as compared to Budget the variance is Rs21502
lakhs Mainly due to consumption at Baggage is more use of generating
power
3 Industrial Alcohol sales are less as compare to the Budget the variance is
Rs7851 lakhs
4 Power sales are higher as compare to Budget Rs92076 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2336
49
DIAGRAM ndash IV ndash 4 (a)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2008 ndash 09
983089983089983095983095983094
983097983089983096 983089983096983088983088
983090983096983096983097983094
983089983096983091983096 983089983096983095983096
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983091983093983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2436
50
TABLE ndash IV ndash 4 (B)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2009 ndash 2010
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 23460 2393392 47392
Molasses - 22598 22598
Bagasse 565 41120 15380
Industrial Alcohol 1800 244182 64182
Power 1224 122539 3139
(Source Secondary data)
Interpretation
1 The table IV - 4 (b) represents that the sugar sales is higher as
compared to Budget the variance is 47392 lakhs is mainly more off
tag
2 Baggage sales are less as compared to Budget the variance is Rs
1538 lakhs mainly due to consumption at Baggage is more use for
generating power
3 Industrial Alcohol sales are less as compare to the Budget the variance
is Rs64182 lakhs
4 Power sales are higher as compare to Budget Rs3139 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2536
51
DIAGRAM ndash IV ndash 4 (b)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2009 - 10
983090983091983092983094983088
983089983090983090983092 983089983096983088983088
983090983091983097983091983091
983089983090983090983093983090983092983092983089
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2636
52
TABLE ndash IV ndash 4 (C)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2010 ndash 2011
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 26496 1663691 985909
Molasses 983085 22895 22895
Bagasse 675 28673 38827
Industrial Alcohol 1800 237776 57776
Power 1224 102725 19675
(Source Secondary data)
Interpretation
1 The table IV - 4 (c) represents that the sugar sales is higher as compared to
Budget the variance is 985909 lakhs is mainly more off tag
2 Baggage sales is less as compare to Budget the variance is Rs37827
lakhs mainly due to consumption at Baggage is more use for generating
power
3 Industrial Alcohol sales are less as compared to the Budget the variance is
Rs57776 lakhs
4 Power sales are higher as compare to Budget Rs 19675 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2736
53
DIAGRAM ndash IV ndash 4 (c)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2010 - 11
983090983094983092983097983094
983089983090983090983092 983089983096983088983088
983089983094983094983091983094
983089983088983090983095983090983091983095983095
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 9
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 936
35
DIAGRAM ndash IV ndash 2 (C)
DIAGRAM SHOWING PURCHASE BUDGET
IN THE YEAR 2010 - 2011
983106983157983140983143983141983156983084 983090983088983089983094983088
983105983139983156983157983137983148983084 983089983095983088983097983097
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1036
36
TABLE - IV ndash 3 (A)
DHARANI SUGARS AND CHEMICAL LIMITED
PRODUCTION BUDGET IN THE YEAR 2008-09
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales
Less Return
Add Closing
Stock
736000
200000
36000
12000
90000000
250000
30000000
45000000
Less
Budgeted
Opening stock
200000 12000 250000
-
Budgeted
Production
736000 36000 1000000 75000000
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1136
37
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty in
liters
Power in Unit
Sales Less
Return
1690248 2000 8706980 59494400
Add Closing
Stock
283193 8303 830174 -
Add Transfer to
distillery
own
consumption
- 27670 1200 24875600
Total (-
)Opening stock
1973441
634281
37973
3796
9538354
1880732
84370000
Actual
Production
1339160 34177 7657622 84370000
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1236
38
Interpretation
1 The Table IV - 3 (a) represents that the company is assured that all the
production material has been sold
2 The Budget production sugar is 736 lakhs quintals But actual production is
Rsl339 lakhs quintals The Sugar production is increased This is mainly due to
raw sugar availability
3 The molasses production is 34177 metric tons as against Budget qty of
36080 matric tones
4
The company is estimated spirit production 9000 lakhs liters But thecompany produced 7658 lakhs liters This is mainly due to molasses reduction
5 The company is estimated power 750 crore units But Power process 84370
Increaseshe power unit This is mainly due to Baggage availability
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1336
39
DIAGRAM - IV ndash 3 (A)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2008-09
983095983091983094983088983088983088
983091983094983088983088983088983088983088
983089983088983088983088983088983088983088
983089983091983091983097983089983094
983091983092983089983095983095983088983088
983095983094983093983095983094983090983090
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1436
40
TABLE - IV ndash 3 (B)
Dharani Sugars and Chemical Limited
Production Budget in the year 2009-10
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closhing
Stock
1380000
200000
67500
12000
9000000
250000
80000000
40000000
(-) Budgeted
Opening stock
200000 12000 250000 4000000
Budgeted
Production
1380000 67500 9000000 8000000
Assumption
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1536
41
Actual Production
Particular Sugar Qty
in Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return Add
Closing
Stock
1380716
216611
23216
16657
10460887
250442
43020800
(+)Transfer to
distillery own
consumption
- 35499 900 27715200
Total
(-)Opening
stock
1597327
283193
75372
8303
10712229
830174
707
36000
Actual
Production
1314134 67069 9882055 7073600
0
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1636
42
Interpretation
1 The table IV - 3 (b) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1380 lakhs quintals as against
actual production 1314 lakhs quintals This is dully sugar content
available in the sugar cane
3 The molasses production is 67069 lares as against Budget quantity of
67500
4 The company is estimated sprit production only 90 lakhs liters But the
company actual produced 9882 lakhs liters this is mainly due to molassesavailability
5 The company is estimated power unit in 800 lakhs units But the
company produced 70736 lakhs unit It is mainly due to Baggage
availability and own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1736
43
DIAGRAM ndash IV - 3 (b)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2009-10
983089983091983096983088983088983088983088
983094983095983093983088983088983088983088
983097983088983088983088983088983088983088
983089983091983089983092983089983091983092
983094983095983088983094983097983088983088
983097983096983096983090983088983093983093
983088
983090983088983088983088983088983088983088
983092983088983088983088983088983088983088
983094983088983088983088983088983088983088
983096983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983089983090983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1836
44
TABLE - IV ndash 3 (C)
Dharani Sugars and Chemical Limited
Production Budget in the year 2010-2011
Particular Sugar Qty in
Quintals
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1656000
200000
81000
12000
9000000
250000
80000000
-
Less Budgeted
Opening stock
200000 12000 250000 -
Budgeted
Production
1656000 81000 9000000 80000000
Assumption -
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1936
45
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1316329
283097
44954
8061
9525923
224844
33528800
(+) Transfer to
distillery own
consumption
- 36000 900 28503775
Total 1599423 89015 9751667 62032575
(-) Opening
stock
216611 16657 250442 -
Actual
Production
1382812 72358 9501225 62032575
(Source Secondary data)
Interpretation
1 The table IV 3(c) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1656 lakhs quintals as against
actual production 1382 lakhs quintals This is dully sugar contant
available in the sugar cane
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2036
46
3 The molasses production is 72358 tones as against Budget quantity
Rs81000
4 The company is estimated sprit production only 90 lakhs liters But the
company actual production 9501 lakhs liters This is mainly due to
molasses availability
5 The company is estimated power unit in 800 lakhs unit But the company
product 62032 lakhs unit It is mainly due to Baggage availability and
own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2136
47
DIAGRAM ndash IV ndash 3 (c)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2010-11
983089983094983093983094983088983088983088
983096983089983088983088983088983088983088
983097983088983088983088983088983088983088
983089983091983096983090983096983089983090
983095983090983091983093983096983088983088
983097983093983088983089983090983090983093
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2236
48
TABLE ndash IV ndash 4 (A)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2008 ndash 2009
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 11776 2889684 1712084
Molasses - 2830 2830
Bagasse 300 8498 21502
Industrial Alcohol 1800 187851 7851
Power 918 183800 92076
(Source Secondary data)
Interpretation
1 The table IV 4 (a) represents that the sugar sales are higher as compared
to Budget the varience is 1712084 lakhs is mainly more off log
2 Baggage sales are less as compared to Budget the variance is Rs21502
lakhs Mainly due to consumption at Baggage is more use of generating
power
3 Industrial Alcohol sales are less as compare to the Budget the variance is
Rs7851 lakhs
4 Power sales are higher as compare to Budget Rs92076 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2336
49
DIAGRAM ndash IV ndash 4 (a)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2008 ndash 09
983089983089983095983095983094
983097983089983096 983089983096983088983088
983090983096983096983097983094
983089983096983091983096 983089983096983095983096
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983091983093983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2436
50
TABLE ndash IV ndash 4 (B)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2009 ndash 2010
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 23460 2393392 47392
Molasses - 22598 22598
Bagasse 565 41120 15380
Industrial Alcohol 1800 244182 64182
Power 1224 122539 3139
(Source Secondary data)
Interpretation
1 The table IV - 4 (b) represents that the sugar sales is higher as
compared to Budget the variance is 47392 lakhs is mainly more off
tag
2 Baggage sales are less as compared to Budget the variance is Rs
1538 lakhs mainly due to consumption at Baggage is more use for
generating power
3 Industrial Alcohol sales are less as compare to the Budget the variance
is Rs64182 lakhs
4 Power sales are higher as compare to Budget Rs3139 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2536
51
DIAGRAM ndash IV ndash 4 (b)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2009 - 10
983090983091983092983094983088
983089983090983090983092 983089983096983088983088
983090983091983097983091983091
983089983090983090983093983090983092983092983089
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2636
52
TABLE ndash IV ndash 4 (C)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2010 ndash 2011
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 26496 1663691 985909
Molasses 983085 22895 22895
Bagasse 675 28673 38827
Industrial Alcohol 1800 237776 57776
Power 1224 102725 19675
(Source Secondary data)
Interpretation
1 The table IV - 4 (c) represents that the sugar sales is higher as compared to
Budget the variance is 985909 lakhs is mainly more off tag
2 Baggage sales is less as compare to Budget the variance is Rs37827
lakhs mainly due to consumption at Baggage is more use for generating
power
3 Industrial Alcohol sales are less as compared to the Budget the variance is
Rs57776 lakhs
4 Power sales are higher as compare to Budget Rs 19675 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2736
53
DIAGRAM ndash IV ndash 4 (c)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2010 - 11
983090983094983092983097983094
983089983090983090983092 983089983096983088983088
983089983094983094983091983094
983089983088983090983095983090983091983095983095
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1036
36
TABLE - IV ndash 3 (A)
DHARANI SUGARS AND CHEMICAL LIMITED
PRODUCTION BUDGET IN THE YEAR 2008-09
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales
Less Return
Add Closing
Stock
736000
200000
36000
12000
90000000
250000
30000000
45000000
Less
Budgeted
Opening stock
200000 12000 250000
-
Budgeted
Production
736000 36000 1000000 75000000
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1136
37
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty in
liters
Power in Unit
Sales Less
Return
1690248 2000 8706980 59494400
Add Closing
Stock
283193 8303 830174 -
Add Transfer to
distillery
own
consumption
- 27670 1200 24875600
Total (-
)Opening stock
1973441
634281
37973
3796
9538354
1880732
84370000
Actual
Production
1339160 34177 7657622 84370000
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1236
38
Interpretation
1 The Table IV - 3 (a) represents that the company is assured that all the
production material has been sold
2 The Budget production sugar is 736 lakhs quintals But actual production is
Rsl339 lakhs quintals The Sugar production is increased This is mainly due to
raw sugar availability
3 The molasses production is 34177 metric tons as against Budget qty of
36080 matric tones
4
The company is estimated spirit production 9000 lakhs liters But thecompany produced 7658 lakhs liters This is mainly due to molasses reduction
5 The company is estimated power 750 crore units But Power process 84370
Increaseshe power unit This is mainly due to Baggage availability
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1336
39
DIAGRAM - IV ndash 3 (A)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2008-09
983095983091983094983088983088983088
983091983094983088983088983088983088983088
983089983088983088983088983088983088983088
983089983091983091983097983089983094
983091983092983089983095983095983088983088
983095983094983093983095983094983090983090
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1436
40
TABLE - IV ndash 3 (B)
Dharani Sugars and Chemical Limited
Production Budget in the year 2009-10
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closhing
Stock
1380000
200000
67500
12000
9000000
250000
80000000
40000000
(-) Budgeted
Opening stock
200000 12000 250000 4000000
Budgeted
Production
1380000 67500 9000000 8000000
Assumption
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1536
41
Actual Production
Particular Sugar Qty
in Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return Add
Closing
Stock
1380716
216611
23216
16657
10460887
250442
43020800
(+)Transfer to
distillery own
consumption
- 35499 900 27715200
Total
(-)Opening
stock
1597327
283193
75372
8303
10712229
830174
707
36000
Actual
Production
1314134 67069 9882055 7073600
0
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1636
42
Interpretation
1 The table IV - 3 (b) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1380 lakhs quintals as against
actual production 1314 lakhs quintals This is dully sugar content
available in the sugar cane
3 The molasses production is 67069 lares as against Budget quantity of
67500
4 The company is estimated sprit production only 90 lakhs liters But the
company actual produced 9882 lakhs liters this is mainly due to molassesavailability
5 The company is estimated power unit in 800 lakhs units But the
company produced 70736 lakhs unit It is mainly due to Baggage
availability and own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1736
43
DIAGRAM ndash IV - 3 (b)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2009-10
983089983091983096983088983088983088983088
983094983095983093983088983088983088983088
983097983088983088983088983088983088983088
983089983091983089983092983089983091983092
983094983095983088983094983097983088983088
983097983096983096983090983088983093983093
983088
983090983088983088983088983088983088983088
983092983088983088983088983088983088983088
983094983088983088983088983088983088983088
983096983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983089983090983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1836
44
TABLE - IV ndash 3 (C)
Dharani Sugars and Chemical Limited
Production Budget in the year 2010-2011
Particular Sugar Qty in
Quintals
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1656000
200000
81000
12000
9000000
250000
80000000
-
Less Budgeted
Opening stock
200000 12000 250000 -
Budgeted
Production
1656000 81000 9000000 80000000
Assumption -
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1936
45
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1316329
283097
44954
8061
9525923
224844
33528800
(+) Transfer to
distillery own
consumption
- 36000 900 28503775
Total 1599423 89015 9751667 62032575
(-) Opening
stock
216611 16657 250442 -
Actual
Production
1382812 72358 9501225 62032575
(Source Secondary data)
Interpretation
1 The table IV 3(c) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1656 lakhs quintals as against
actual production 1382 lakhs quintals This is dully sugar contant
available in the sugar cane
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2036
46
3 The molasses production is 72358 tones as against Budget quantity
Rs81000
4 The company is estimated sprit production only 90 lakhs liters But the
company actual production 9501 lakhs liters This is mainly due to
molasses availability
5 The company is estimated power unit in 800 lakhs unit But the company
product 62032 lakhs unit It is mainly due to Baggage availability and
own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2136
47
DIAGRAM ndash IV ndash 3 (c)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2010-11
983089983094983093983094983088983088983088
983096983089983088983088983088983088983088
983097983088983088983088983088983088983088
983089983091983096983090983096983089983090
983095983090983091983093983096983088983088
983097983093983088983089983090983090983093
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2236
48
TABLE ndash IV ndash 4 (A)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2008 ndash 2009
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 11776 2889684 1712084
Molasses - 2830 2830
Bagasse 300 8498 21502
Industrial Alcohol 1800 187851 7851
Power 918 183800 92076
(Source Secondary data)
Interpretation
1 The table IV 4 (a) represents that the sugar sales are higher as compared
to Budget the varience is 1712084 lakhs is mainly more off log
2 Baggage sales are less as compared to Budget the variance is Rs21502
lakhs Mainly due to consumption at Baggage is more use of generating
power
3 Industrial Alcohol sales are less as compare to the Budget the variance is
Rs7851 lakhs
4 Power sales are higher as compare to Budget Rs92076 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2336
49
DIAGRAM ndash IV ndash 4 (a)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2008 ndash 09
983089983089983095983095983094
983097983089983096 983089983096983088983088
983090983096983096983097983094
983089983096983091983096 983089983096983095983096
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983091983093983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2436
50
TABLE ndash IV ndash 4 (B)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2009 ndash 2010
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 23460 2393392 47392
Molasses - 22598 22598
Bagasse 565 41120 15380
Industrial Alcohol 1800 244182 64182
Power 1224 122539 3139
(Source Secondary data)
Interpretation
1 The table IV - 4 (b) represents that the sugar sales is higher as
compared to Budget the variance is 47392 lakhs is mainly more off
tag
2 Baggage sales are less as compared to Budget the variance is Rs
1538 lakhs mainly due to consumption at Baggage is more use for
generating power
3 Industrial Alcohol sales are less as compare to the Budget the variance
is Rs64182 lakhs
4 Power sales are higher as compare to Budget Rs3139 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2536
51
DIAGRAM ndash IV ndash 4 (b)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2009 - 10
983090983091983092983094983088
983089983090983090983092 983089983096983088983088
983090983091983097983091983091
983089983090983090983093983090983092983092983089
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2636
52
TABLE ndash IV ndash 4 (C)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2010 ndash 2011
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 26496 1663691 985909
Molasses 983085 22895 22895
Bagasse 675 28673 38827
Industrial Alcohol 1800 237776 57776
Power 1224 102725 19675
(Source Secondary data)
Interpretation
1 The table IV - 4 (c) represents that the sugar sales is higher as compared to
Budget the variance is 985909 lakhs is mainly more off tag
2 Baggage sales is less as compare to Budget the variance is Rs37827
lakhs mainly due to consumption at Baggage is more use for generating
power
3 Industrial Alcohol sales are less as compared to the Budget the variance is
Rs57776 lakhs
4 Power sales are higher as compare to Budget Rs 19675 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2736
53
DIAGRAM ndash IV ndash 4 (c)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2010 - 11
983090983094983092983097983094
983089983090983090983092 983089983096983088983088
983089983094983094983091983094
983089983088983090983095983090983091983095983095
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 11
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1136
37
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty in
liters
Power in Unit
Sales Less
Return
1690248 2000 8706980 59494400
Add Closing
Stock
283193 8303 830174 -
Add Transfer to
distillery
own
consumption
- 27670 1200 24875600
Total (-
)Opening stock
1973441
634281
37973
3796
9538354
1880732
84370000
Actual
Production
1339160 34177 7657622 84370000
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1236
38
Interpretation
1 The Table IV - 3 (a) represents that the company is assured that all the
production material has been sold
2 The Budget production sugar is 736 lakhs quintals But actual production is
Rsl339 lakhs quintals The Sugar production is increased This is mainly due to
raw sugar availability
3 The molasses production is 34177 metric tons as against Budget qty of
36080 matric tones
4
The company is estimated spirit production 9000 lakhs liters But thecompany produced 7658 lakhs liters This is mainly due to molasses reduction
5 The company is estimated power 750 crore units But Power process 84370
Increaseshe power unit This is mainly due to Baggage availability
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1336
39
DIAGRAM - IV ndash 3 (A)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2008-09
983095983091983094983088983088983088
983091983094983088983088983088983088983088
983089983088983088983088983088983088983088
983089983091983091983097983089983094
983091983092983089983095983095983088983088
983095983094983093983095983094983090983090
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1436
40
TABLE - IV ndash 3 (B)
Dharani Sugars and Chemical Limited
Production Budget in the year 2009-10
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closhing
Stock
1380000
200000
67500
12000
9000000
250000
80000000
40000000
(-) Budgeted
Opening stock
200000 12000 250000 4000000
Budgeted
Production
1380000 67500 9000000 8000000
Assumption
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1536
41
Actual Production
Particular Sugar Qty
in Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return Add
Closing
Stock
1380716
216611
23216
16657
10460887
250442
43020800
(+)Transfer to
distillery own
consumption
- 35499 900 27715200
Total
(-)Opening
stock
1597327
283193
75372
8303
10712229
830174
707
36000
Actual
Production
1314134 67069 9882055 7073600
0
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1636
42
Interpretation
1 The table IV - 3 (b) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1380 lakhs quintals as against
actual production 1314 lakhs quintals This is dully sugar content
available in the sugar cane
3 The molasses production is 67069 lares as against Budget quantity of
67500
4 The company is estimated sprit production only 90 lakhs liters But the
company actual produced 9882 lakhs liters this is mainly due to molassesavailability
5 The company is estimated power unit in 800 lakhs units But the
company produced 70736 lakhs unit It is mainly due to Baggage
availability and own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1736
43
DIAGRAM ndash IV - 3 (b)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2009-10
983089983091983096983088983088983088983088
983094983095983093983088983088983088983088
983097983088983088983088983088983088983088
983089983091983089983092983089983091983092
983094983095983088983094983097983088983088
983097983096983096983090983088983093983093
983088
983090983088983088983088983088983088983088
983092983088983088983088983088983088983088
983094983088983088983088983088983088983088
983096983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983089983090983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1836
44
TABLE - IV ndash 3 (C)
Dharani Sugars and Chemical Limited
Production Budget in the year 2010-2011
Particular Sugar Qty in
Quintals
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1656000
200000
81000
12000
9000000
250000
80000000
-
Less Budgeted
Opening stock
200000 12000 250000 -
Budgeted
Production
1656000 81000 9000000 80000000
Assumption -
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1936
45
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1316329
283097
44954
8061
9525923
224844
33528800
(+) Transfer to
distillery own
consumption
- 36000 900 28503775
Total 1599423 89015 9751667 62032575
(-) Opening
stock
216611 16657 250442 -
Actual
Production
1382812 72358 9501225 62032575
(Source Secondary data)
Interpretation
1 The table IV 3(c) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1656 lakhs quintals as against
actual production 1382 lakhs quintals This is dully sugar contant
available in the sugar cane
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2036
46
3 The molasses production is 72358 tones as against Budget quantity
Rs81000
4 The company is estimated sprit production only 90 lakhs liters But the
company actual production 9501 lakhs liters This is mainly due to
molasses availability
5 The company is estimated power unit in 800 lakhs unit But the company
product 62032 lakhs unit It is mainly due to Baggage availability and
own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2136
47
DIAGRAM ndash IV ndash 3 (c)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2010-11
983089983094983093983094983088983088983088
983096983089983088983088983088983088983088
983097983088983088983088983088983088983088
983089983091983096983090983096983089983090
983095983090983091983093983096983088983088
983097983093983088983089983090983090983093
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2236
48
TABLE ndash IV ndash 4 (A)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2008 ndash 2009
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 11776 2889684 1712084
Molasses - 2830 2830
Bagasse 300 8498 21502
Industrial Alcohol 1800 187851 7851
Power 918 183800 92076
(Source Secondary data)
Interpretation
1 The table IV 4 (a) represents that the sugar sales are higher as compared
to Budget the varience is 1712084 lakhs is mainly more off log
2 Baggage sales are less as compared to Budget the variance is Rs21502
lakhs Mainly due to consumption at Baggage is more use of generating
power
3 Industrial Alcohol sales are less as compare to the Budget the variance is
Rs7851 lakhs
4 Power sales are higher as compare to Budget Rs92076 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2336
49
DIAGRAM ndash IV ndash 4 (a)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2008 ndash 09
983089983089983095983095983094
983097983089983096 983089983096983088983088
983090983096983096983097983094
983089983096983091983096 983089983096983095983096
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983091983093983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2436
50
TABLE ndash IV ndash 4 (B)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2009 ndash 2010
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 23460 2393392 47392
Molasses - 22598 22598
Bagasse 565 41120 15380
Industrial Alcohol 1800 244182 64182
Power 1224 122539 3139
(Source Secondary data)
Interpretation
1 The table IV - 4 (b) represents that the sugar sales is higher as
compared to Budget the variance is 47392 lakhs is mainly more off
tag
2 Baggage sales are less as compared to Budget the variance is Rs
1538 lakhs mainly due to consumption at Baggage is more use for
generating power
3 Industrial Alcohol sales are less as compare to the Budget the variance
is Rs64182 lakhs
4 Power sales are higher as compare to Budget Rs3139 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2536
51
DIAGRAM ndash IV ndash 4 (b)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2009 - 10
983090983091983092983094983088
983089983090983090983092 983089983096983088983088
983090983091983097983091983091
983089983090983090983093983090983092983092983089
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2636
52
TABLE ndash IV ndash 4 (C)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2010 ndash 2011
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 26496 1663691 985909
Molasses 983085 22895 22895
Bagasse 675 28673 38827
Industrial Alcohol 1800 237776 57776
Power 1224 102725 19675
(Source Secondary data)
Interpretation
1 The table IV - 4 (c) represents that the sugar sales is higher as compared to
Budget the variance is 985909 lakhs is mainly more off tag
2 Baggage sales is less as compare to Budget the variance is Rs37827
lakhs mainly due to consumption at Baggage is more use for generating
power
3 Industrial Alcohol sales are less as compared to the Budget the variance is
Rs57776 lakhs
4 Power sales are higher as compare to Budget Rs 19675 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2736
53
DIAGRAM ndash IV ndash 4 (c)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2010 - 11
983090983094983092983097983094
983089983090983090983092 983089983096983088983088
983089983094983094983091983094
983089983088983090983095983090983091983095983095
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 12
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1236
38
Interpretation
1 The Table IV - 3 (a) represents that the company is assured that all the
production material has been sold
2 The Budget production sugar is 736 lakhs quintals But actual production is
Rsl339 lakhs quintals The Sugar production is increased This is mainly due to
raw sugar availability
3 The molasses production is 34177 metric tons as against Budget qty of
36080 matric tones
4
The company is estimated spirit production 9000 lakhs liters But thecompany produced 7658 lakhs liters This is mainly due to molasses reduction
5 The company is estimated power 750 crore units But Power process 84370
Increaseshe power unit This is mainly due to Baggage availability
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1336
39
DIAGRAM - IV ndash 3 (A)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2008-09
983095983091983094983088983088983088
983091983094983088983088983088983088983088
983089983088983088983088983088983088983088
983089983091983091983097983089983094
983091983092983089983095983095983088983088
983095983094983093983095983094983090983090
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1436
40
TABLE - IV ndash 3 (B)
Dharani Sugars and Chemical Limited
Production Budget in the year 2009-10
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closhing
Stock
1380000
200000
67500
12000
9000000
250000
80000000
40000000
(-) Budgeted
Opening stock
200000 12000 250000 4000000
Budgeted
Production
1380000 67500 9000000 8000000
Assumption
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1536
41
Actual Production
Particular Sugar Qty
in Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return Add
Closing
Stock
1380716
216611
23216
16657
10460887
250442
43020800
(+)Transfer to
distillery own
consumption
- 35499 900 27715200
Total
(-)Opening
stock
1597327
283193
75372
8303
10712229
830174
707
36000
Actual
Production
1314134 67069 9882055 7073600
0
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1636
42
Interpretation
1 The table IV - 3 (b) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1380 lakhs quintals as against
actual production 1314 lakhs quintals This is dully sugar content
available in the sugar cane
3 The molasses production is 67069 lares as against Budget quantity of
67500
4 The company is estimated sprit production only 90 lakhs liters But the
company actual produced 9882 lakhs liters this is mainly due to molassesavailability
5 The company is estimated power unit in 800 lakhs units But the
company produced 70736 lakhs unit It is mainly due to Baggage
availability and own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1736
43
DIAGRAM ndash IV - 3 (b)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2009-10
983089983091983096983088983088983088983088
983094983095983093983088983088983088983088
983097983088983088983088983088983088983088
983089983091983089983092983089983091983092
983094983095983088983094983097983088983088
983097983096983096983090983088983093983093
983088
983090983088983088983088983088983088983088
983092983088983088983088983088983088983088
983094983088983088983088983088983088983088
983096983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983089983090983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1836
44
TABLE - IV ndash 3 (C)
Dharani Sugars and Chemical Limited
Production Budget in the year 2010-2011
Particular Sugar Qty in
Quintals
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1656000
200000
81000
12000
9000000
250000
80000000
-
Less Budgeted
Opening stock
200000 12000 250000 -
Budgeted
Production
1656000 81000 9000000 80000000
Assumption -
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1936
45
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1316329
283097
44954
8061
9525923
224844
33528800
(+) Transfer to
distillery own
consumption
- 36000 900 28503775
Total 1599423 89015 9751667 62032575
(-) Opening
stock
216611 16657 250442 -
Actual
Production
1382812 72358 9501225 62032575
(Source Secondary data)
Interpretation
1 The table IV 3(c) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1656 lakhs quintals as against
actual production 1382 lakhs quintals This is dully sugar contant
available in the sugar cane
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2036
46
3 The molasses production is 72358 tones as against Budget quantity
Rs81000
4 The company is estimated sprit production only 90 lakhs liters But the
company actual production 9501 lakhs liters This is mainly due to
molasses availability
5 The company is estimated power unit in 800 lakhs unit But the company
product 62032 lakhs unit It is mainly due to Baggage availability and
own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2136
47
DIAGRAM ndash IV ndash 3 (c)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2010-11
983089983094983093983094983088983088983088
983096983089983088983088983088983088983088
983097983088983088983088983088983088983088
983089983091983096983090983096983089983090
983095983090983091983093983096983088983088
983097983093983088983089983090983090983093
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2236
48
TABLE ndash IV ndash 4 (A)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2008 ndash 2009
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 11776 2889684 1712084
Molasses - 2830 2830
Bagasse 300 8498 21502
Industrial Alcohol 1800 187851 7851
Power 918 183800 92076
(Source Secondary data)
Interpretation
1 The table IV 4 (a) represents that the sugar sales are higher as compared
to Budget the varience is 1712084 lakhs is mainly more off log
2 Baggage sales are less as compared to Budget the variance is Rs21502
lakhs Mainly due to consumption at Baggage is more use of generating
power
3 Industrial Alcohol sales are less as compare to the Budget the variance is
Rs7851 lakhs
4 Power sales are higher as compare to Budget Rs92076 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2336
49
DIAGRAM ndash IV ndash 4 (a)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2008 ndash 09
983089983089983095983095983094
983097983089983096 983089983096983088983088
983090983096983096983097983094
983089983096983091983096 983089983096983095983096
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983091983093983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2436
50
TABLE ndash IV ndash 4 (B)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2009 ndash 2010
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 23460 2393392 47392
Molasses - 22598 22598
Bagasse 565 41120 15380
Industrial Alcohol 1800 244182 64182
Power 1224 122539 3139
(Source Secondary data)
Interpretation
1 The table IV - 4 (b) represents that the sugar sales is higher as
compared to Budget the variance is 47392 lakhs is mainly more off
tag
2 Baggage sales are less as compared to Budget the variance is Rs
1538 lakhs mainly due to consumption at Baggage is more use for
generating power
3 Industrial Alcohol sales are less as compare to the Budget the variance
is Rs64182 lakhs
4 Power sales are higher as compare to Budget Rs3139 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2536
51
DIAGRAM ndash IV ndash 4 (b)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2009 - 10
983090983091983092983094983088
983089983090983090983092 983089983096983088983088
983090983091983097983091983091
983089983090983090983093983090983092983092983089
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2636
52
TABLE ndash IV ndash 4 (C)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2010 ndash 2011
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 26496 1663691 985909
Molasses 983085 22895 22895
Bagasse 675 28673 38827
Industrial Alcohol 1800 237776 57776
Power 1224 102725 19675
(Source Secondary data)
Interpretation
1 The table IV - 4 (c) represents that the sugar sales is higher as compared to
Budget the variance is 985909 lakhs is mainly more off tag
2 Baggage sales is less as compare to Budget the variance is Rs37827
lakhs mainly due to consumption at Baggage is more use for generating
power
3 Industrial Alcohol sales are less as compared to the Budget the variance is
Rs57776 lakhs
4 Power sales are higher as compare to Budget Rs 19675 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2736
53
DIAGRAM ndash IV ndash 4 (c)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2010 - 11
983090983094983092983097983094
983089983090983090983092 983089983096983088983088
983089983094983094983091983094
983089983088983090983095983090983091983095983095
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 13
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1336
39
DIAGRAM - IV ndash 3 (A)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2008-09
983095983091983094983088983088983088
983091983094983088983088983088983088983088
983089983088983088983088983088983088983088
983089983091983091983097983089983094
983091983092983089983095983095983088983088
983095983094983093983095983094983090983090
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1436
40
TABLE - IV ndash 3 (B)
Dharani Sugars and Chemical Limited
Production Budget in the year 2009-10
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closhing
Stock
1380000
200000
67500
12000
9000000
250000
80000000
40000000
(-) Budgeted
Opening stock
200000 12000 250000 4000000
Budgeted
Production
1380000 67500 9000000 8000000
Assumption
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1536
41
Actual Production
Particular Sugar Qty
in Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return Add
Closing
Stock
1380716
216611
23216
16657
10460887
250442
43020800
(+)Transfer to
distillery own
consumption
- 35499 900 27715200
Total
(-)Opening
stock
1597327
283193
75372
8303
10712229
830174
707
36000
Actual
Production
1314134 67069 9882055 7073600
0
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1636
42
Interpretation
1 The table IV - 3 (b) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1380 lakhs quintals as against
actual production 1314 lakhs quintals This is dully sugar content
available in the sugar cane
3 The molasses production is 67069 lares as against Budget quantity of
67500
4 The company is estimated sprit production only 90 lakhs liters But the
company actual produced 9882 lakhs liters this is mainly due to molassesavailability
5 The company is estimated power unit in 800 lakhs units But the
company produced 70736 lakhs unit It is mainly due to Baggage
availability and own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1736
43
DIAGRAM ndash IV - 3 (b)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2009-10
983089983091983096983088983088983088983088
983094983095983093983088983088983088983088
983097983088983088983088983088983088983088
983089983091983089983092983089983091983092
983094983095983088983094983097983088983088
983097983096983096983090983088983093983093
983088
983090983088983088983088983088983088983088
983092983088983088983088983088983088983088
983094983088983088983088983088983088983088
983096983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983089983090983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1836
44
TABLE - IV ndash 3 (C)
Dharani Sugars and Chemical Limited
Production Budget in the year 2010-2011
Particular Sugar Qty in
Quintals
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1656000
200000
81000
12000
9000000
250000
80000000
-
Less Budgeted
Opening stock
200000 12000 250000 -
Budgeted
Production
1656000 81000 9000000 80000000
Assumption -
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1936
45
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1316329
283097
44954
8061
9525923
224844
33528800
(+) Transfer to
distillery own
consumption
- 36000 900 28503775
Total 1599423 89015 9751667 62032575
(-) Opening
stock
216611 16657 250442 -
Actual
Production
1382812 72358 9501225 62032575
(Source Secondary data)
Interpretation
1 The table IV 3(c) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1656 lakhs quintals as against
actual production 1382 lakhs quintals This is dully sugar contant
available in the sugar cane
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2036
46
3 The molasses production is 72358 tones as against Budget quantity
Rs81000
4 The company is estimated sprit production only 90 lakhs liters But the
company actual production 9501 lakhs liters This is mainly due to
molasses availability
5 The company is estimated power unit in 800 lakhs unit But the company
product 62032 lakhs unit It is mainly due to Baggage availability and
own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2136
47
DIAGRAM ndash IV ndash 3 (c)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2010-11
983089983094983093983094983088983088983088
983096983089983088983088983088983088983088
983097983088983088983088983088983088983088
983089983091983096983090983096983089983090
983095983090983091983093983096983088983088
983097983093983088983089983090983090983093
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2236
48
TABLE ndash IV ndash 4 (A)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2008 ndash 2009
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 11776 2889684 1712084
Molasses - 2830 2830
Bagasse 300 8498 21502
Industrial Alcohol 1800 187851 7851
Power 918 183800 92076
(Source Secondary data)
Interpretation
1 The table IV 4 (a) represents that the sugar sales are higher as compared
to Budget the varience is 1712084 lakhs is mainly more off log
2 Baggage sales are less as compared to Budget the variance is Rs21502
lakhs Mainly due to consumption at Baggage is more use of generating
power
3 Industrial Alcohol sales are less as compare to the Budget the variance is
Rs7851 lakhs
4 Power sales are higher as compare to Budget Rs92076 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2336
49
DIAGRAM ndash IV ndash 4 (a)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2008 ndash 09
983089983089983095983095983094
983097983089983096 983089983096983088983088
983090983096983096983097983094
983089983096983091983096 983089983096983095983096
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983091983093983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2436
50
TABLE ndash IV ndash 4 (B)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2009 ndash 2010
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 23460 2393392 47392
Molasses - 22598 22598
Bagasse 565 41120 15380
Industrial Alcohol 1800 244182 64182
Power 1224 122539 3139
(Source Secondary data)
Interpretation
1 The table IV - 4 (b) represents that the sugar sales is higher as
compared to Budget the variance is 47392 lakhs is mainly more off
tag
2 Baggage sales are less as compared to Budget the variance is Rs
1538 lakhs mainly due to consumption at Baggage is more use for
generating power
3 Industrial Alcohol sales are less as compare to the Budget the variance
is Rs64182 lakhs
4 Power sales are higher as compare to Budget Rs3139 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2536
51
DIAGRAM ndash IV ndash 4 (b)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2009 - 10
983090983091983092983094983088
983089983090983090983092 983089983096983088983088
983090983091983097983091983091
983089983090983090983093983090983092983092983089
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2636
52
TABLE ndash IV ndash 4 (C)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2010 ndash 2011
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 26496 1663691 985909
Molasses 983085 22895 22895
Bagasse 675 28673 38827
Industrial Alcohol 1800 237776 57776
Power 1224 102725 19675
(Source Secondary data)
Interpretation
1 The table IV - 4 (c) represents that the sugar sales is higher as compared to
Budget the variance is 985909 lakhs is mainly more off tag
2 Baggage sales is less as compare to Budget the variance is Rs37827
lakhs mainly due to consumption at Baggage is more use for generating
power
3 Industrial Alcohol sales are less as compared to the Budget the variance is
Rs57776 lakhs
4 Power sales are higher as compare to Budget Rs 19675 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2736
53
DIAGRAM ndash IV ndash 4 (c)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2010 - 11
983090983094983092983097983094
983089983090983090983092 983089983096983088983088
983089983094983094983091983094
983089983088983090983095983090983091983095983095
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 14
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1436
40
TABLE - IV ndash 3 (B)
Dharani Sugars and Chemical Limited
Production Budget in the year 2009-10
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closhing
Stock
1380000
200000
67500
12000
9000000
250000
80000000
40000000
(-) Budgeted
Opening stock
200000 12000 250000 4000000
Budgeted
Production
1380000 67500 9000000 8000000
Assumption
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1536
41
Actual Production
Particular Sugar Qty
in Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return Add
Closing
Stock
1380716
216611
23216
16657
10460887
250442
43020800
(+)Transfer to
distillery own
consumption
- 35499 900 27715200
Total
(-)Opening
stock
1597327
283193
75372
8303
10712229
830174
707
36000
Actual
Production
1314134 67069 9882055 7073600
0
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1636
42
Interpretation
1 The table IV - 3 (b) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1380 lakhs quintals as against
actual production 1314 lakhs quintals This is dully sugar content
available in the sugar cane
3 The molasses production is 67069 lares as against Budget quantity of
67500
4 The company is estimated sprit production only 90 lakhs liters But the
company actual produced 9882 lakhs liters this is mainly due to molassesavailability
5 The company is estimated power unit in 800 lakhs units But the
company produced 70736 lakhs unit It is mainly due to Baggage
availability and own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1736
43
DIAGRAM ndash IV - 3 (b)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2009-10
983089983091983096983088983088983088983088
983094983095983093983088983088983088983088
983097983088983088983088983088983088983088
983089983091983089983092983089983091983092
983094983095983088983094983097983088983088
983097983096983096983090983088983093983093
983088
983090983088983088983088983088983088983088
983092983088983088983088983088983088983088
983094983088983088983088983088983088983088
983096983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983089983090983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1836
44
TABLE - IV ndash 3 (C)
Dharani Sugars and Chemical Limited
Production Budget in the year 2010-2011
Particular Sugar Qty in
Quintals
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1656000
200000
81000
12000
9000000
250000
80000000
-
Less Budgeted
Opening stock
200000 12000 250000 -
Budgeted
Production
1656000 81000 9000000 80000000
Assumption -
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1936
45
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1316329
283097
44954
8061
9525923
224844
33528800
(+) Transfer to
distillery own
consumption
- 36000 900 28503775
Total 1599423 89015 9751667 62032575
(-) Opening
stock
216611 16657 250442 -
Actual
Production
1382812 72358 9501225 62032575
(Source Secondary data)
Interpretation
1 The table IV 3(c) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1656 lakhs quintals as against
actual production 1382 lakhs quintals This is dully sugar contant
available in the sugar cane
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2036
46
3 The molasses production is 72358 tones as against Budget quantity
Rs81000
4 The company is estimated sprit production only 90 lakhs liters But the
company actual production 9501 lakhs liters This is mainly due to
molasses availability
5 The company is estimated power unit in 800 lakhs unit But the company
product 62032 lakhs unit It is mainly due to Baggage availability and
own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2136
47
DIAGRAM ndash IV ndash 3 (c)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2010-11
983089983094983093983094983088983088983088
983096983089983088983088983088983088983088
983097983088983088983088983088983088983088
983089983091983096983090983096983089983090
983095983090983091983093983096983088983088
983097983093983088983089983090983090983093
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2236
48
TABLE ndash IV ndash 4 (A)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2008 ndash 2009
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 11776 2889684 1712084
Molasses - 2830 2830
Bagasse 300 8498 21502
Industrial Alcohol 1800 187851 7851
Power 918 183800 92076
(Source Secondary data)
Interpretation
1 The table IV 4 (a) represents that the sugar sales are higher as compared
to Budget the varience is 1712084 lakhs is mainly more off log
2 Baggage sales are less as compared to Budget the variance is Rs21502
lakhs Mainly due to consumption at Baggage is more use of generating
power
3 Industrial Alcohol sales are less as compare to the Budget the variance is
Rs7851 lakhs
4 Power sales are higher as compare to Budget Rs92076 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2336
49
DIAGRAM ndash IV ndash 4 (a)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2008 ndash 09
983089983089983095983095983094
983097983089983096 983089983096983088983088
983090983096983096983097983094
983089983096983091983096 983089983096983095983096
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983091983093983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2436
50
TABLE ndash IV ndash 4 (B)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2009 ndash 2010
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 23460 2393392 47392
Molasses - 22598 22598
Bagasse 565 41120 15380
Industrial Alcohol 1800 244182 64182
Power 1224 122539 3139
(Source Secondary data)
Interpretation
1 The table IV - 4 (b) represents that the sugar sales is higher as
compared to Budget the variance is 47392 lakhs is mainly more off
tag
2 Baggage sales are less as compared to Budget the variance is Rs
1538 lakhs mainly due to consumption at Baggage is more use for
generating power
3 Industrial Alcohol sales are less as compare to the Budget the variance
is Rs64182 lakhs
4 Power sales are higher as compare to Budget Rs3139 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2536
51
DIAGRAM ndash IV ndash 4 (b)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2009 - 10
983090983091983092983094983088
983089983090983090983092 983089983096983088983088
983090983091983097983091983091
983089983090983090983093983090983092983092983089
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2636
52
TABLE ndash IV ndash 4 (C)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2010 ndash 2011
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 26496 1663691 985909
Molasses 983085 22895 22895
Bagasse 675 28673 38827
Industrial Alcohol 1800 237776 57776
Power 1224 102725 19675
(Source Secondary data)
Interpretation
1 The table IV - 4 (c) represents that the sugar sales is higher as compared to
Budget the variance is 985909 lakhs is mainly more off tag
2 Baggage sales is less as compare to Budget the variance is Rs37827
lakhs mainly due to consumption at Baggage is more use for generating
power
3 Industrial Alcohol sales are less as compared to the Budget the variance is
Rs57776 lakhs
4 Power sales are higher as compare to Budget Rs 19675 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2736
53
DIAGRAM ndash IV ndash 4 (c)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2010 - 11
983090983094983092983097983094
983089983090983090983092 983089983096983088983088
983089983094983094983091983094
983089983088983090983095983090983091983095983095
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 15
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1536
41
Actual Production
Particular Sugar Qty
in Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return Add
Closing
Stock
1380716
216611
23216
16657
10460887
250442
43020800
(+)Transfer to
distillery own
consumption
- 35499 900 27715200
Total
(-)Opening
stock
1597327
283193
75372
8303
10712229
830174
707
36000
Actual
Production
1314134 67069 9882055 7073600
0
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1636
42
Interpretation
1 The table IV - 3 (b) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1380 lakhs quintals as against
actual production 1314 lakhs quintals This is dully sugar content
available in the sugar cane
3 The molasses production is 67069 lares as against Budget quantity of
67500
4 The company is estimated sprit production only 90 lakhs liters But the
company actual produced 9882 lakhs liters this is mainly due to molassesavailability
5 The company is estimated power unit in 800 lakhs units But the
company produced 70736 lakhs unit It is mainly due to Baggage
availability and own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1736
43
DIAGRAM ndash IV - 3 (b)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2009-10
983089983091983096983088983088983088983088
983094983095983093983088983088983088983088
983097983088983088983088983088983088983088
983089983091983089983092983089983091983092
983094983095983088983094983097983088983088
983097983096983096983090983088983093983093
983088
983090983088983088983088983088983088983088
983092983088983088983088983088983088983088
983094983088983088983088983088983088983088
983096983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983089983090983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1836
44
TABLE - IV ndash 3 (C)
Dharani Sugars and Chemical Limited
Production Budget in the year 2010-2011
Particular Sugar Qty in
Quintals
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1656000
200000
81000
12000
9000000
250000
80000000
-
Less Budgeted
Opening stock
200000 12000 250000 -
Budgeted
Production
1656000 81000 9000000 80000000
Assumption -
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1936
45
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1316329
283097
44954
8061
9525923
224844
33528800
(+) Transfer to
distillery own
consumption
- 36000 900 28503775
Total 1599423 89015 9751667 62032575
(-) Opening
stock
216611 16657 250442 -
Actual
Production
1382812 72358 9501225 62032575
(Source Secondary data)
Interpretation
1 The table IV 3(c) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1656 lakhs quintals as against
actual production 1382 lakhs quintals This is dully sugar contant
available in the sugar cane
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2036
46
3 The molasses production is 72358 tones as against Budget quantity
Rs81000
4 The company is estimated sprit production only 90 lakhs liters But the
company actual production 9501 lakhs liters This is mainly due to
molasses availability
5 The company is estimated power unit in 800 lakhs unit But the company
product 62032 lakhs unit It is mainly due to Baggage availability and
own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2136
47
DIAGRAM ndash IV ndash 3 (c)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2010-11
983089983094983093983094983088983088983088
983096983089983088983088983088983088983088
983097983088983088983088983088983088983088
983089983091983096983090983096983089983090
983095983090983091983093983096983088983088
983097983093983088983089983090983090983093
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2236
48
TABLE ndash IV ndash 4 (A)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2008 ndash 2009
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 11776 2889684 1712084
Molasses - 2830 2830
Bagasse 300 8498 21502
Industrial Alcohol 1800 187851 7851
Power 918 183800 92076
(Source Secondary data)
Interpretation
1 The table IV 4 (a) represents that the sugar sales are higher as compared
to Budget the varience is 1712084 lakhs is mainly more off log
2 Baggage sales are less as compared to Budget the variance is Rs21502
lakhs Mainly due to consumption at Baggage is more use of generating
power
3 Industrial Alcohol sales are less as compare to the Budget the variance is
Rs7851 lakhs
4 Power sales are higher as compare to Budget Rs92076 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2336
49
DIAGRAM ndash IV ndash 4 (a)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2008 ndash 09
983089983089983095983095983094
983097983089983096 983089983096983088983088
983090983096983096983097983094
983089983096983091983096 983089983096983095983096
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983091983093983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2436
50
TABLE ndash IV ndash 4 (B)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2009 ndash 2010
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 23460 2393392 47392
Molasses - 22598 22598
Bagasse 565 41120 15380
Industrial Alcohol 1800 244182 64182
Power 1224 122539 3139
(Source Secondary data)
Interpretation
1 The table IV - 4 (b) represents that the sugar sales is higher as
compared to Budget the variance is 47392 lakhs is mainly more off
tag
2 Baggage sales are less as compared to Budget the variance is Rs
1538 lakhs mainly due to consumption at Baggage is more use for
generating power
3 Industrial Alcohol sales are less as compare to the Budget the variance
is Rs64182 lakhs
4 Power sales are higher as compare to Budget Rs3139 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2536
51
DIAGRAM ndash IV ndash 4 (b)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2009 - 10
983090983091983092983094983088
983089983090983090983092 983089983096983088983088
983090983091983097983091983091
983089983090983090983093983090983092983092983089
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2636
52
TABLE ndash IV ndash 4 (C)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2010 ndash 2011
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 26496 1663691 985909
Molasses 983085 22895 22895
Bagasse 675 28673 38827
Industrial Alcohol 1800 237776 57776
Power 1224 102725 19675
(Source Secondary data)
Interpretation
1 The table IV - 4 (c) represents that the sugar sales is higher as compared to
Budget the variance is 985909 lakhs is mainly more off tag
2 Baggage sales is less as compare to Budget the variance is Rs37827
lakhs mainly due to consumption at Baggage is more use for generating
power
3 Industrial Alcohol sales are less as compared to the Budget the variance is
Rs57776 lakhs
4 Power sales are higher as compare to Budget Rs 19675 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2736
53
DIAGRAM ndash IV ndash 4 (c)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2010 - 11
983090983094983092983097983094
983089983090983090983092 983089983096983088983088
983089983094983094983091983094
983089983088983090983095983090983091983095983095
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 16
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1636
42
Interpretation
1 The table IV - 3 (b) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1380 lakhs quintals as against
actual production 1314 lakhs quintals This is dully sugar content
available in the sugar cane
3 The molasses production is 67069 lares as against Budget quantity of
67500
4 The company is estimated sprit production only 90 lakhs liters But the
company actual produced 9882 lakhs liters this is mainly due to molassesavailability
5 The company is estimated power unit in 800 lakhs units But the
company produced 70736 lakhs unit It is mainly due to Baggage
availability and own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1736
43
DIAGRAM ndash IV - 3 (b)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2009-10
983089983091983096983088983088983088983088
983094983095983093983088983088983088983088
983097983088983088983088983088983088983088
983089983091983089983092983089983091983092
983094983095983088983094983097983088983088
983097983096983096983090983088983093983093
983088
983090983088983088983088983088983088983088
983092983088983088983088983088983088983088
983094983088983088983088983088983088983088
983096983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983089983090983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1836
44
TABLE - IV ndash 3 (C)
Dharani Sugars and Chemical Limited
Production Budget in the year 2010-2011
Particular Sugar Qty in
Quintals
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1656000
200000
81000
12000
9000000
250000
80000000
-
Less Budgeted
Opening stock
200000 12000 250000 -
Budgeted
Production
1656000 81000 9000000 80000000
Assumption -
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1936
45
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1316329
283097
44954
8061
9525923
224844
33528800
(+) Transfer to
distillery own
consumption
- 36000 900 28503775
Total 1599423 89015 9751667 62032575
(-) Opening
stock
216611 16657 250442 -
Actual
Production
1382812 72358 9501225 62032575
(Source Secondary data)
Interpretation
1 The table IV 3(c) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1656 lakhs quintals as against
actual production 1382 lakhs quintals This is dully sugar contant
available in the sugar cane
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2036
46
3 The molasses production is 72358 tones as against Budget quantity
Rs81000
4 The company is estimated sprit production only 90 lakhs liters But the
company actual production 9501 lakhs liters This is mainly due to
molasses availability
5 The company is estimated power unit in 800 lakhs unit But the company
product 62032 lakhs unit It is mainly due to Baggage availability and
own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2136
47
DIAGRAM ndash IV ndash 3 (c)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2010-11
983089983094983093983094983088983088983088
983096983089983088983088983088983088983088
983097983088983088983088983088983088983088
983089983091983096983090983096983089983090
983095983090983091983093983096983088983088
983097983093983088983089983090983090983093
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2236
48
TABLE ndash IV ndash 4 (A)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2008 ndash 2009
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 11776 2889684 1712084
Molasses - 2830 2830
Bagasse 300 8498 21502
Industrial Alcohol 1800 187851 7851
Power 918 183800 92076
(Source Secondary data)
Interpretation
1 The table IV 4 (a) represents that the sugar sales are higher as compared
to Budget the varience is 1712084 lakhs is mainly more off log
2 Baggage sales are less as compared to Budget the variance is Rs21502
lakhs Mainly due to consumption at Baggage is more use of generating
power
3 Industrial Alcohol sales are less as compare to the Budget the variance is
Rs7851 lakhs
4 Power sales are higher as compare to Budget Rs92076 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2336
49
DIAGRAM ndash IV ndash 4 (a)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2008 ndash 09
983089983089983095983095983094
983097983089983096 983089983096983088983088
983090983096983096983097983094
983089983096983091983096 983089983096983095983096
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983091983093983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2436
50
TABLE ndash IV ndash 4 (B)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2009 ndash 2010
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 23460 2393392 47392
Molasses - 22598 22598
Bagasse 565 41120 15380
Industrial Alcohol 1800 244182 64182
Power 1224 122539 3139
(Source Secondary data)
Interpretation
1 The table IV - 4 (b) represents that the sugar sales is higher as
compared to Budget the variance is 47392 lakhs is mainly more off
tag
2 Baggage sales are less as compared to Budget the variance is Rs
1538 lakhs mainly due to consumption at Baggage is more use for
generating power
3 Industrial Alcohol sales are less as compare to the Budget the variance
is Rs64182 lakhs
4 Power sales are higher as compare to Budget Rs3139 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2536
51
DIAGRAM ndash IV ndash 4 (b)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2009 - 10
983090983091983092983094983088
983089983090983090983092 983089983096983088983088
983090983091983097983091983091
983089983090983090983093983090983092983092983089
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2636
52
TABLE ndash IV ndash 4 (C)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2010 ndash 2011
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 26496 1663691 985909
Molasses 983085 22895 22895
Bagasse 675 28673 38827
Industrial Alcohol 1800 237776 57776
Power 1224 102725 19675
(Source Secondary data)
Interpretation
1 The table IV - 4 (c) represents that the sugar sales is higher as compared to
Budget the variance is 985909 lakhs is mainly more off tag
2 Baggage sales is less as compare to Budget the variance is Rs37827
lakhs mainly due to consumption at Baggage is more use for generating
power
3 Industrial Alcohol sales are less as compared to the Budget the variance is
Rs57776 lakhs
4 Power sales are higher as compare to Budget Rs 19675 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2736
53
DIAGRAM ndash IV ndash 4 (c)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2010 - 11
983090983094983092983097983094
983089983090983090983092 983089983096983088983088
983089983094983094983091983094
983089983088983090983095983090983091983095983095
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 17
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1736
43
DIAGRAM ndash IV - 3 (b)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2009-10
983089983091983096983088983088983088983088
983094983095983093983088983088983088983088
983097983088983088983088983088983088983088
983089983091983089983092983089983091983092
983094983095983088983094983097983088983088
983097983096983096983090983088983093983093
983088
983090983088983088983088983088983088983088
983092983088983088983088983088983088983088
983094983088983088983088983088983088983088
983096983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983089983090983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1836
44
TABLE - IV ndash 3 (C)
Dharani Sugars and Chemical Limited
Production Budget in the year 2010-2011
Particular Sugar Qty in
Quintals
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1656000
200000
81000
12000
9000000
250000
80000000
-
Less Budgeted
Opening stock
200000 12000 250000 -
Budgeted
Production
1656000 81000 9000000 80000000
Assumption -
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1936
45
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1316329
283097
44954
8061
9525923
224844
33528800
(+) Transfer to
distillery own
consumption
- 36000 900 28503775
Total 1599423 89015 9751667 62032575
(-) Opening
stock
216611 16657 250442 -
Actual
Production
1382812 72358 9501225 62032575
(Source Secondary data)
Interpretation
1 The table IV 3(c) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1656 lakhs quintals as against
actual production 1382 lakhs quintals This is dully sugar contant
available in the sugar cane
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2036
46
3 The molasses production is 72358 tones as against Budget quantity
Rs81000
4 The company is estimated sprit production only 90 lakhs liters But the
company actual production 9501 lakhs liters This is mainly due to
molasses availability
5 The company is estimated power unit in 800 lakhs unit But the company
product 62032 lakhs unit It is mainly due to Baggage availability and
own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2136
47
DIAGRAM ndash IV ndash 3 (c)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2010-11
983089983094983093983094983088983088983088
983096983089983088983088983088983088983088
983097983088983088983088983088983088983088
983089983091983096983090983096983089983090
983095983090983091983093983096983088983088
983097983093983088983089983090983090983093
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2236
48
TABLE ndash IV ndash 4 (A)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2008 ndash 2009
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 11776 2889684 1712084
Molasses - 2830 2830
Bagasse 300 8498 21502
Industrial Alcohol 1800 187851 7851
Power 918 183800 92076
(Source Secondary data)
Interpretation
1 The table IV 4 (a) represents that the sugar sales are higher as compared
to Budget the varience is 1712084 lakhs is mainly more off log
2 Baggage sales are less as compared to Budget the variance is Rs21502
lakhs Mainly due to consumption at Baggage is more use of generating
power
3 Industrial Alcohol sales are less as compare to the Budget the variance is
Rs7851 lakhs
4 Power sales are higher as compare to Budget Rs92076 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2336
49
DIAGRAM ndash IV ndash 4 (a)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2008 ndash 09
983089983089983095983095983094
983097983089983096 983089983096983088983088
983090983096983096983097983094
983089983096983091983096 983089983096983095983096
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983091983093983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2436
50
TABLE ndash IV ndash 4 (B)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2009 ndash 2010
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 23460 2393392 47392
Molasses - 22598 22598
Bagasse 565 41120 15380
Industrial Alcohol 1800 244182 64182
Power 1224 122539 3139
(Source Secondary data)
Interpretation
1 The table IV - 4 (b) represents that the sugar sales is higher as
compared to Budget the variance is 47392 lakhs is mainly more off
tag
2 Baggage sales are less as compared to Budget the variance is Rs
1538 lakhs mainly due to consumption at Baggage is more use for
generating power
3 Industrial Alcohol sales are less as compare to the Budget the variance
is Rs64182 lakhs
4 Power sales are higher as compare to Budget Rs3139 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2536
51
DIAGRAM ndash IV ndash 4 (b)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2009 - 10
983090983091983092983094983088
983089983090983090983092 983089983096983088983088
983090983091983097983091983091
983089983090983090983093983090983092983092983089
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2636
52
TABLE ndash IV ndash 4 (C)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2010 ndash 2011
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 26496 1663691 985909
Molasses 983085 22895 22895
Bagasse 675 28673 38827
Industrial Alcohol 1800 237776 57776
Power 1224 102725 19675
(Source Secondary data)
Interpretation
1 The table IV - 4 (c) represents that the sugar sales is higher as compared to
Budget the variance is 985909 lakhs is mainly more off tag
2 Baggage sales is less as compare to Budget the variance is Rs37827
lakhs mainly due to consumption at Baggage is more use for generating
power
3 Industrial Alcohol sales are less as compared to the Budget the variance is
Rs57776 lakhs
4 Power sales are higher as compare to Budget Rs 19675 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2736
53
DIAGRAM ndash IV ndash 4 (c)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2010 - 11
983090983094983092983097983094
983089983090983090983092 983089983096983088983088
983089983094983094983091983094
983089983088983090983095983090983091983095983095
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 18
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1836
44
TABLE - IV ndash 3 (C)
Dharani Sugars and Chemical Limited
Production Budget in the year 2010-2011
Particular Sugar Qty in
Quintals
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1656000
200000
81000
12000
9000000
250000
80000000
-
Less Budgeted
Opening stock
200000 12000 250000 -
Budgeted
Production
1656000 81000 9000000 80000000
Assumption -
All Production has been treated as sales
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1936
45
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1316329
283097
44954
8061
9525923
224844
33528800
(+) Transfer to
distillery own
consumption
- 36000 900 28503775
Total 1599423 89015 9751667 62032575
(-) Opening
stock
216611 16657 250442 -
Actual
Production
1382812 72358 9501225 62032575
(Source Secondary data)
Interpretation
1 The table IV 3(c) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1656 lakhs quintals as against
actual production 1382 lakhs quintals This is dully sugar contant
available in the sugar cane
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2036
46
3 The molasses production is 72358 tones as against Budget quantity
Rs81000
4 The company is estimated sprit production only 90 lakhs liters But the
company actual production 9501 lakhs liters This is mainly due to
molasses availability
5 The company is estimated power unit in 800 lakhs unit But the company
product 62032 lakhs unit It is mainly due to Baggage availability and
own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2136
47
DIAGRAM ndash IV ndash 3 (c)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2010-11
983089983094983093983094983088983088983088
983096983089983088983088983088983088983088
983097983088983088983088983088983088983088
983089983091983096983090983096983089983090
983095983090983091983093983096983088983088
983097983093983088983089983090983090983093
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2236
48
TABLE ndash IV ndash 4 (A)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2008 ndash 2009
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 11776 2889684 1712084
Molasses - 2830 2830
Bagasse 300 8498 21502
Industrial Alcohol 1800 187851 7851
Power 918 183800 92076
(Source Secondary data)
Interpretation
1 The table IV 4 (a) represents that the sugar sales are higher as compared
to Budget the varience is 1712084 lakhs is mainly more off log
2 Baggage sales are less as compared to Budget the variance is Rs21502
lakhs Mainly due to consumption at Baggage is more use of generating
power
3 Industrial Alcohol sales are less as compare to the Budget the variance is
Rs7851 lakhs
4 Power sales are higher as compare to Budget Rs92076 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2336
49
DIAGRAM ndash IV ndash 4 (a)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2008 ndash 09
983089983089983095983095983094
983097983089983096 983089983096983088983088
983090983096983096983097983094
983089983096983091983096 983089983096983095983096
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983091983093983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2436
50
TABLE ndash IV ndash 4 (B)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2009 ndash 2010
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 23460 2393392 47392
Molasses - 22598 22598
Bagasse 565 41120 15380
Industrial Alcohol 1800 244182 64182
Power 1224 122539 3139
(Source Secondary data)
Interpretation
1 The table IV - 4 (b) represents that the sugar sales is higher as
compared to Budget the variance is 47392 lakhs is mainly more off
tag
2 Baggage sales are less as compared to Budget the variance is Rs
1538 lakhs mainly due to consumption at Baggage is more use for
generating power
3 Industrial Alcohol sales are less as compare to the Budget the variance
is Rs64182 lakhs
4 Power sales are higher as compare to Budget Rs3139 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2536
51
DIAGRAM ndash IV ndash 4 (b)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2009 - 10
983090983091983092983094983088
983089983090983090983092 983089983096983088983088
983090983091983097983091983091
983089983090983090983093983090983092983092983089
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2636
52
TABLE ndash IV ndash 4 (C)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2010 ndash 2011
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 26496 1663691 985909
Molasses 983085 22895 22895
Bagasse 675 28673 38827
Industrial Alcohol 1800 237776 57776
Power 1224 102725 19675
(Source Secondary data)
Interpretation
1 The table IV - 4 (c) represents that the sugar sales is higher as compared to
Budget the variance is 985909 lakhs is mainly more off tag
2 Baggage sales is less as compare to Budget the variance is Rs37827
lakhs mainly due to consumption at Baggage is more use for generating
power
3 Industrial Alcohol sales are less as compared to the Budget the variance is
Rs57776 lakhs
4 Power sales are higher as compare to Budget Rs 19675 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2736
53
DIAGRAM ndash IV ndash 4 (c)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2010 - 11
983090983094983092983097983094
983089983090983090983092 983089983096983088983088
983089983094983094983091983094
983089983088983090983095983090983091983095983095
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 19
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 1936
45
Actual Production
Particular Sugar Qty in
Quintal
Molasses Qty in
Metric tone
Industrial
Alcohol Qty
in liters
Power in Unit
Sales Less
Return
Add Closing
Stock
1316329
283097
44954
8061
9525923
224844
33528800
(+) Transfer to
distillery own
consumption
- 36000 900 28503775
Total 1599423 89015 9751667 62032575
(-) Opening
stock
216611 16657 250442 -
Actual
Production
1382812 72358 9501225 62032575
(Source Secondary data)
Interpretation
1 The table IV 3(c) represents that the company is assured that all the
production material has been sold
2 The Budgeted production of sugar is 1656 lakhs quintals as against
actual production 1382 lakhs quintals This is dully sugar contant
available in the sugar cane
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2036
46
3 The molasses production is 72358 tones as against Budget quantity
Rs81000
4 The company is estimated sprit production only 90 lakhs liters But the
company actual production 9501 lakhs liters This is mainly due to
molasses availability
5 The company is estimated power unit in 800 lakhs unit But the company
product 62032 lakhs unit It is mainly due to Baggage availability and
own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2136
47
DIAGRAM ndash IV ndash 3 (c)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2010-11
983089983094983093983094983088983088983088
983096983089983088983088983088983088983088
983097983088983088983088983088983088983088
983089983091983096983090983096983089983090
983095983090983091983093983096983088983088
983097983093983088983089983090983090983093
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2236
48
TABLE ndash IV ndash 4 (A)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2008 ndash 2009
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 11776 2889684 1712084
Molasses - 2830 2830
Bagasse 300 8498 21502
Industrial Alcohol 1800 187851 7851
Power 918 183800 92076
(Source Secondary data)
Interpretation
1 The table IV 4 (a) represents that the sugar sales are higher as compared
to Budget the varience is 1712084 lakhs is mainly more off log
2 Baggage sales are less as compared to Budget the variance is Rs21502
lakhs Mainly due to consumption at Baggage is more use of generating
power
3 Industrial Alcohol sales are less as compare to the Budget the variance is
Rs7851 lakhs
4 Power sales are higher as compare to Budget Rs92076 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2336
49
DIAGRAM ndash IV ndash 4 (a)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2008 ndash 09
983089983089983095983095983094
983097983089983096 983089983096983088983088
983090983096983096983097983094
983089983096983091983096 983089983096983095983096
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983091983093983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2436
50
TABLE ndash IV ndash 4 (B)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2009 ndash 2010
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 23460 2393392 47392
Molasses - 22598 22598
Bagasse 565 41120 15380
Industrial Alcohol 1800 244182 64182
Power 1224 122539 3139
(Source Secondary data)
Interpretation
1 The table IV - 4 (b) represents that the sugar sales is higher as
compared to Budget the variance is 47392 lakhs is mainly more off
tag
2 Baggage sales are less as compared to Budget the variance is Rs
1538 lakhs mainly due to consumption at Baggage is more use for
generating power
3 Industrial Alcohol sales are less as compare to the Budget the variance
is Rs64182 lakhs
4 Power sales are higher as compare to Budget Rs3139 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2536
51
DIAGRAM ndash IV ndash 4 (b)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2009 - 10
983090983091983092983094983088
983089983090983090983092 983089983096983088983088
983090983091983097983091983091
983089983090983090983093983090983092983092983089
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2636
52
TABLE ndash IV ndash 4 (C)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2010 ndash 2011
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 26496 1663691 985909
Molasses 983085 22895 22895
Bagasse 675 28673 38827
Industrial Alcohol 1800 237776 57776
Power 1224 102725 19675
(Source Secondary data)
Interpretation
1 The table IV - 4 (c) represents that the sugar sales is higher as compared to
Budget the variance is 985909 lakhs is mainly more off tag
2 Baggage sales is less as compare to Budget the variance is Rs37827
lakhs mainly due to consumption at Baggage is more use for generating
power
3 Industrial Alcohol sales are less as compared to the Budget the variance is
Rs57776 lakhs
4 Power sales are higher as compare to Budget Rs 19675 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2736
53
DIAGRAM ndash IV ndash 4 (c)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2010 - 11
983090983094983092983097983094
983089983090983090983092 983089983096983088983088
983089983094983094983091983094
983089983088983090983095983090983091983095983095
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 20
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2036
46
3 The molasses production is 72358 tones as against Budget quantity
Rs81000
4 The company is estimated sprit production only 90 lakhs liters But the
company actual production 9501 lakhs liters This is mainly due to
molasses availability
5 The company is estimated power unit in 800 lakhs unit But the company
product 62032 lakhs unit It is mainly due to Baggage availability and
own consumption units
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2136
47
DIAGRAM ndash IV ndash 3 (c)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2010-11
983089983094983093983094983088983088983088
983096983089983088983088983088983088983088
983097983088983088983088983088983088983088
983089983091983096983090983096983089983090
983095983090983091983093983096983088983088
983097983093983088983089983090983090983093
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2236
48
TABLE ndash IV ndash 4 (A)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2008 ndash 2009
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 11776 2889684 1712084
Molasses - 2830 2830
Bagasse 300 8498 21502
Industrial Alcohol 1800 187851 7851
Power 918 183800 92076
(Source Secondary data)
Interpretation
1 The table IV 4 (a) represents that the sugar sales are higher as compared
to Budget the varience is 1712084 lakhs is mainly more off log
2 Baggage sales are less as compared to Budget the variance is Rs21502
lakhs Mainly due to consumption at Baggage is more use of generating
power
3 Industrial Alcohol sales are less as compare to the Budget the variance is
Rs7851 lakhs
4 Power sales are higher as compare to Budget Rs92076 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2336
49
DIAGRAM ndash IV ndash 4 (a)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2008 ndash 09
983089983089983095983095983094
983097983089983096 983089983096983088983088
983090983096983096983097983094
983089983096983091983096 983089983096983095983096
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983091983093983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2436
50
TABLE ndash IV ndash 4 (B)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2009 ndash 2010
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 23460 2393392 47392
Molasses - 22598 22598
Bagasse 565 41120 15380
Industrial Alcohol 1800 244182 64182
Power 1224 122539 3139
(Source Secondary data)
Interpretation
1 The table IV - 4 (b) represents that the sugar sales is higher as
compared to Budget the variance is 47392 lakhs is mainly more off
tag
2 Baggage sales are less as compared to Budget the variance is Rs
1538 lakhs mainly due to consumption at Baggage is more use for
generating power
3 Industrial Alcohol sales are less as compare to the Budget the variance
is Rs64182 lakhs
4 Power sales are higher as compare to Budget Rs3139 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2536
51
DIAGRAM ndash IV ndash 4 (b)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2009 - 10
983090983091983092983094983088
983089983090983090983092 983089983096983088983088
983090983091983097983091983091
983089983090983090983093983090983092983092983089
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2636
52
TABLE ndash IV ndash 4 (C)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2010 ndash 2011
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 26496 1663691 985909
Molasses 983085 22895 22895
Bagasse 675 28673 38827
Industrial Alcohol 1800 237776 57776
Power 1224 102725 19675
(Source Secondary data)
Interpretation
1 The table IV - 4 (c) represents that the sugar sales is higher as compared to
Budget the variance is 985909 lakhs is mainly more off tag
2 Baggage sales is less as compare to Budget the variance is Rs37827
lakhs mainly due to consumption at Baggage is more use for generating
power
3 Industrial Alcohol sales are less as compared to the Budget the variance is
Rs57776 lakhs
4 Power sales are higher as compare to Budget Rs 19675 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2736
53
DIAGRAM ndash IV ndash 4 (c)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2010 - 11
983090983094983092983097983094
983089983090983090983092 983089983096983088983088
983089983094983094983091983094
983089983088983090983095983090983091983095983095
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 21
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2136
47
DIAGRAM ndash IV ndash 3 (c)
DIAGRAM SHOWING PRODUCTION BUDGET
IN THE YEAR 2010-11
983089983094983093983094983088983088983088
983096983089983088983088983088983088983088
983097983088983088983088983088983088983088
983089983091983096983090983096983089983090
983095983090983091983093983096983088983088
983097983093983088983089983090983090983093
983088
983089983088983088983088983088983088983088
983090983088983088983088983088983088983088
983091983088983088983088983088983088983088
983092983088983088983088983088983088983088
983093983088983088983088983088983088983088
983094983088983088983088983088983088983088
983095983088983088983088983088983088983088
983096983088983088983088983088983088983088
983097983088983088983088983088983088983088
983089983088983088983088983088983088983088983088
983123983157983143983137983154 983117983151983148983137983155983141983155 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2236
48
TABLE ndash IV ndash 4 (A)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2008 ndash 2009
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 11776 2889684 1712084
Molasses - 2830 2830
Bagasse 300 8498 21502
Industrial Alcohol 1800 187851 7851
Power 918 183800 92076
(Source Secondary data)
Interpretation
1 The table IV 4 (a) represents that the sugar sales are higher as compared
to Budget the varience is 1712084 lakhs is mainly more off log
2 Baggage sales are less as compared to Budget the variance is Rs21502
lakhs Mainly due to consumption at Baggage is more use of generating
power
3 Industrial Alcohol sales are less as compare to the Budget the variance is
Rs7851 lakhs
4 Power sales are higher as compare to Budget Rs92076 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2336
49
DIAGRAM ndash IV ndash 4 (a)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2008 ndash 09
983089983089983095983095983094
983097983089983096 983089983096983088983088
983090983096983096983097983094
983089983096983091983096 983089983096983095983096
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983091983093983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2436
50
TABLE ndash IV ndash 4 (B)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2009 ndash 2010
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 23460 2393392 47392
Molasses - 22598 22598
Bagasse 565 41120 15380
Industrial Alcohol 1800 244182 64182
Power 1224 122539 3139
(Source Secondary data)
Interpretation
1 The table IV - 4 (b) represents that the sugar sales is higher as
compared to Budget the variance is 47392 lakhs is mainly more off
tag
2 Baggage sales are less as compared to Budget the variance is Rs
1538 lakhs mainly due to consumption at Baggage is more use for
generating power
3 Industrial Alcohol sales are less as compare to the Budget the variance
is Rs64182 lakhs
4 Power sales are higher as compare to Budget Rs3139 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2536
51
DIAGRAM ndash IV ndash 4 (b)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2009 - 10
983090983091983092983094983088
983089983090983090983092 983089983096983088983088
983090983091983097983091983091
983089983090983090983093983090983092983092983089
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2636
52
TABLE ndash IV ndash 4 (C)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2010 ndash 2011
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 26496 1663691 985909
Molasses 983085 22895 22895
Bagasse 675 28673 38827
Industrial Alcohol 1800 237776 57776
Power 1224 102725 19675
(Source Secondary data)
Interpretation
1 The table IV - 4 (c) represents that the sugar sales is higher as compared to
Budget the variance is 985909 lakhs is mainly more off tag
2 Baggage sales is less as compare to Budget the variance is Rs37827
lakhs mainly due to consumption at Baggage is more use for generating
power
3 Industrial Alcohol sales are less as compared to the Budget the variance is
Rs57776 lakhs
4 Power sales are higher as compare to Budget Rs 19675 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2736
53
DIAGRAM ndash IV ndash 4 (c)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2010 - 11
983090983094983092983097983094
983089983090983090983092 983089983096983088983088
983089983094983094983091983094
983089983088983090983095983090983091983095983095
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 22
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2236
48
TABLE ndash IV ndash 4 (A)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2008 ndash 2009
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 11776 2889684 1712084
Molasses - 2830 2830
Bagasse 300 8498 21502
Industrial Alcohol 1800 187851 7851
Power 918 183800 92076
(Source Secondary data)
Interpretation
1 The table IV 4 (a) represents that the sugar sales are higher as compared
to Budget the varience is 1712084 lakhs is mainly more off log
2 Baggage sales are less as compared to Budget the variance is Rs21502
lakhs Mainly due to consumption at Baggage is more use of generating
power
3 Industrial Alcohol sales are less as compare to the Budget the variance is
Rs7851 lakhs
4 Power sales are higher as compare to Budget Rs92076 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2336
49
DIAGRAM ndash IV ndash 4 (a)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2008 ndash 09
983089983089983095983095983094
983097983089983096 983089983096983088983088
983090983096983096983097983094
983089983096983091983096 983089983096983095983096
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983091983093983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2436
50
TABLE ndash IV ndash 4 (B)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2009 ndash 2010
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 23460 2393392 47392
Molasses - 22598 22598
Bagasse 565 41120 15380
Industrial Alcohol 1800 244182 64182
Power 1224 122539 3139
(Source Secondary data)
Interpretation
1 The table IV - 4 (b) represents that the sugar sales is higher as
compared to Budget the variance is 47392 lakhs is mainly more off
tag
2 Baggage sales are less as compared to Budget the variance is Rs
1538 lakhs mainly due to consumption at Baggage is more use for
generating power
3 Industrial Alcohol sales are less as compare to the Budget the variance
is Rs64182 lakhs
4 Power sales are higher as compare to Budget Rs3139 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2536
51
DIAGRAM ndash IV ndash 4 (b)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2009 - 10
983090983091983092983094983088
983089983090983090983092 983089983096983088983088
983090983091983097983091983091
983089983090983090983093983090983092983092983089
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2636
52
TABLE ndash IV ndash 4 (C)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2010 ndash 2011
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 26496 1663691 985909
Molasses 983085 22895 22895
Bagasse 675 28673 38827
Industrial Alcohol 1800 237776 57776
Power 1224 102725 19675
(Source Secondary data)
Interpretation
1 The table IV - 4 (c) represents that the sugar sales is higher as compared to
Budget the variance is 985909 lakhs is mainly more off tag
2 Baggage sales is less as compare to Budget the variance is Rs37827
lakhs mainly due to consumption at Baggage is more use for generating
power
3 Industrial Alcohol sales are less as compared to the Budget the variance is
Rs57776 lakhs
4 Power sales are higher as compare to Budget Rs 19675 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2736
53
DIAGRAM ndash IV ndash 4 (c)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2010 - 11
983090983094983092983097983094
983089983090983090983092 983089983096983088983088
983089983094983094983091983094
983089983088983090983095983090983091983095983095
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 23
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2336
49
DIAGRAM ndash IV ndash 4 (a)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2008 ndash 09
983089983089983095983095983094
983097983089983096 983089983096983088983088
983090983096983096983097983094
983089983096983091983096 983089983096983095983096
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983091983093983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2436
50
TABLE ndash IV ndash 4 (B)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2009 ndash 2010
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 23460 2393392 47392
Molasses - 22598 22598
Bagasse 565 41120 15380
Industrial Alcohol 1800 244182 64182
Power 1224 122539 3139
(Source Secondary data)
Interpretation
1 The table IV - 4 (b) represents that the sugar sales is higher as
compared to Budget the variance is 47392 lakhs is mainly more off
tag
2 Baggage sales are less as compared to Budget the variance is Rs
1538 lakhs mainly due to consumption at Baggage is more use for
generating power
3 Industrial Alcohol sales are less as compare to the Budget the variance
is Rs64182 lakhs
4 Power sales are higher as compare to Budget Rs3139 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2536
51
DIAGRAM ndash IV ndash 4 (b)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2009 - 10
983090983091983092983094983088
983089983090983090983092 983089983096983088983088
983090983091983097983091983091
983089983090983090983093983090983092983092983089
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2636
52
TABLE ndash IV ndash 4 (C)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2010 ndash 2011
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 26496 1663691 985909
Molasses 983085 22895 22895
Bagasse 675 28673 38827
Industrial Alcohol 1800 237776 57776
Power 1224 102725 19675
(Source Secondary data)
Interpretation
1 The table IV - 4 (c) represents that the sugar sales is higher as compared to
Budget the variance is 985909 lakhs is mainly more off tag
2 Baggage sales is less as compare to Budget the variance is Rs37827
lakhs mainly due to consumption at Baggage is more use for generating
power
3 Industrial Alcohol sales are less as compared to the Budget the variance is
Rs57776 lakhs
4 Power sales are higher as compare to Budget Rs 19675 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2736
53
DIAGRAM ndash IV ndash 4 (c)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2010 - 11
983090983094983092983097983094
983089983090983090983092 983089983096983088983088
983089983094983094983091983094
983089983088983090983095983090983091983095983095
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 24
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2436
50
TABLE ndash IV ndash 4 (B)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2009 ndash 2010
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 23460 2393392 47392
Molasses - 22598 22598
Bagasse 565 41120 15380
Industrial Alcohol 1800 244182 64182
Power 1224 122539 3139
(Source Secondary data)
Interpretation
1 The table IV - 4 (b) represents that the sugar sales is higher as
compared to Budget the variance is 47392 lakhs is mainly more off
tag
2 Baggage sales are less as compared to Budget the variance is Rs
1538 lakhs mainly due to consumption at Baggage is more use for
generating power
3 Industrial Alcohol sales are less as compare to the Budget the variance
is Rs64182 lakhs
4 Power sales are higher as compare to Budget Rs3139 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2536
51
DIAGRAM ndash IV ndash 4 (b)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2009 - 10
983090983091983092983094983088
983089983090983090983092 983089983096983088983088
983090983091983097983091983091
983089983090983090983093983090983092983092983089
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2636
52
TABLE ndash IV ndash 4 (C)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2010 ndash 2011
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 26496 1663691 985909
Molasses 983085 22895 22895
Bagasse 675 28673 38827
Industrial Alcohol 1800 237776 57776
Power 1224 102725 19675
(Source Secondary data)
Interpretation
1 The table IV - 4 (c) represents that the sugar sales is higher as compared to
Budget the variance is 985909 lakhs is mainly more off tag
2 Baggage sales is less as compare to Budget the variance is Rs37827
lakhs mainly due to consumption at Baggage is more use for generating
power
3 Industrial Alcohol sales are less as compared to the Budget the variance is
Rs57776 lakhs
4 Power sales are higher as compare to Budget Rs 19675 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2736
53
DIAGRAM ndash IV ndash 4 (c)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2010 - 11
983090983094983092983097983094
983089983090983090983092 983089983096983088983088
983089983094983094983091983094
983089983088983090983095983090983091983095983095
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 25
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2536
51
DIAGRAM ndash IV ndash 4 (b)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2009 - 10
983090983091983092983094983088
983089983090983090983092 983089983096983088983088
983090983091983097983091983091
983089983090983090983093983090983092983092983089
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2636
52
TABLE ndash IV ndash 4 (C)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2010 ndash 2011
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 26496 1663691 985909
Molasses 983085 22895 22895
Bagasse 675 28673 38827
Industrial Alcohol 1800 237776 57776
Power 1224 102725 19675
(Source Secondary data)
Interpretation
1 The table IV - 4 (c) represents that the sugar sales is higher as compared to
Budget the variance is 985909 lakhs is mainly more off tag
2 Baggage sales is less as compare to Budget the variance is Rs37827
lakhs mainly due to consumption at Baggage is more use for generating
power
3 Industrial Alcohol sales are less as compared to the Budget the variance is
Rs57776 lakhs
4 Power sales are higher as compare to Budget Rs 19675 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2736
53
DIAGRAM ndash IV ndash 4 (c)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2010 - 11
983090983094983092983097983094
983089983090983090983092 983089983096983088983088
983089983094983094983091983094
983089983088983090983095983090983091983095983095
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 26
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2636
52
TABLE ndash IV ndash 4 (C)
Dharani Sugars and Chemical Limited
Sales Budget in the Year 2010 ndash 2011
Particular Budget Rs in
lakhs
Actual Rs in
lakhs
Variance
Sugar 26496 1663691 985909
Molasses 983085 22895 22895
Bagasse 675 28673 38827
Industrial Alcohol 1800 237776 57776
Power 1224 102725 19675
(Source Secondary data)
Interpretation
1 The table IV - 4 (c) represents that the sugar sales is higher as compared to
Budget the variance is 985909 lakhs is mainly more off tag
2 Baggage sales is less as compare to Budget the variance is Rs37827
lakhs mainly due to consumption at Baggage is more use for generating
power
3 Industrial Alcohol sales are less as compared to the Budget the variance is
Rs57776 lakhs
4 Power sales are higher as compare to Budget Rs 19675 lakhs
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2736
53
DIAGRAM ndash IV ndash 4 (c)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2010 - 11
983090983094983092983097983094
983089983090983090983092 983089983096983088983088
983089983094983094983091983094
983089983088983090983095983090983091983095983095
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 27
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2736
53
DIAGRAM ndash IV ndash 4 (c)
DIAGRAM SHOWING SALES BUDGET
IN THE YEAR 2010 - 11
983090983094983092983097983094
983089983090983090983092 983089983096983088983088
983089983094983094983091983094
983089983088983090983095983090983091983095983095
983088
983093983088983088983088
983089983088983088983088983088
983089983093983088983088983088
983090983088983088983088983088
983090983093983088983088983088
983091983088983088983088983088
983123983157983143983137983154 983120983151983159983141983154 983105983148983139983151983144983151983148
983106983157983140983143983141983156 983105983139983156983157983137983148
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 28
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2836
54
TABLE ndash IV ndash 5 (a)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2008 ndash 2009
Particular Budget Rs in
Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 9957 9957
Receipt
Sales 3000000 3085100 85100
Other income 8000 894100 941
Loan Received - - -
Investment Received 97543 - 109500
Total Receipt 3105543 3094041 193541
Payment
Purchase of Raw material 1800000 1831857 -31857
Repayment of creditors 190000 198755 -8755
Fuel for-cogeneration 170000 180686 10686
Stores and spares consumed 50000 51962 1962
Salaries and wages 52000 55107 3107
Administrative expenses 60000 60778 778
Packing expenses 70000 73824 -3824
Interest 160000 162467 -2467
Loan Repaid 410000 416750 6750
Fixed asset purchased 10000 11202 -1202
Total Payment 2972000 3043397 71397
Opening Balance + ReceiptPayment
Closing Balance 143500 606015
(Source Secondary data)
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 29
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 2936
55
Interpretation
1 The table IV - 5 (a) represents that the firm estimated total receipt
Rs3105543 lakhs But the company gets total receipt Rs3094041 lakhs
The variance is Rsl 1502 lakhs This variance is unfavorable
2 The actual total payment is increased Rs71397 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 30
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3036
56
DIAGRAM ndash IV ndash 5 (a)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2008 - 09
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 31
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3136
57
TABLE ndash IV ndash 5 (b)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2009 ndash 2010
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 60601 60601
Receipt
Sales 2555000 2725064 169064
Other income 5000 17279 8279Loan Received 200000 313264 113264
Investment Received - - -
Total Receipt 2764000 3116208 290607
Payment
Purchase of Raw material 1813000 1756750 56350
Repayment of creditors 113300 - 113300
Fuel for-cogeneration - -983085
Stores and spares consumed 65000 73693 8693Salaries and wages 65000 67923 2923
Administrative expenses 30000 40866 10866
Packing expenses 56000 117714 61914
Interest 180000 186505 6505
Loan Repaid 300000 292385 -5684
Fixed asset purchased 60601983085
-60601
Total Payment
Opening Balance + Receipt Payment
Closing Balance
2682901 2784240 148493
141700 331968
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 32
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3236
58
Interpretation
1 The table IV - 5 (b) represents that the firm estimated total receipt
Rs27640 lakhs But the company gets total receipt Rs3116208
lakhs The variance is Rs352208 lakhs It is favorable
2 The actual total payment is increased Rs101339 lakhs as compare
to Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 33
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3336
59
DIAGRAM ndash IV ndash 5 (b)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2009 - 10
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 34
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3436
60
TABLE ndash IV ndash 5 (C)
DHARANI SUGARS AND CHEMICALS LTD
CASH BUDGET IN THE YEAR 2010 ndash 2011
Particular Budget Rs
in Lakhs
Actual Rs
in Lakhs
Variance
Opening Balance 331968 331968
Receipt
Sales 3100000 35500 50000Other income 9000 9571 571
Loan Received - - -
Total Receipt 3109000 3559571 50571
Payment
Purchase of Raw material 2100000 2231857 31857
Repayment of Creditors 150000 161355 11355
Fuel for Cogeneration 190000 263168 73168
Stores and spares consumed 80000 88612 8612Salaries and Wages 55000 57L37 2107
Administrative expenses 66000 69187 3187
Packing and forwarding expenses 70000 73827 3824
Interest paid 150000 157267 7267
Loan Repaid 420000 612715 192715
Fixed asset purchased 75168 130023 54855
Total Payment 3356168 3845148 388947
(Receipt-Payment)
Closing Balance 84800 46391
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 35
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3536
61
Interpretation
1 The table IV - 5 (c) represents that the firm estimated total receipt
Rs31090 lakhs But the company gets total receipt Rs3559571 lakhs
The variance is Rs450571 lakhs It is favorable
2 The actual total payment is increased Rs38898 lakhs as compare to
Budget This variance is unfavorable
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11
Page 36
8122019 A STUDY ON EFFECTIVENESS OF THE BUDGETARY CONTROL WITH REFERENCE TO DHARANI SUGARS AND CHEMIChellip
httpslidepdfcomreaderfulla-study-on-effectiveness-of-the-budgetary-control-with-reference-to-dharani 3636
DIAGRAM ndash IV ndash 5 (c)
DIAGRAM SHOWING CASH BUDGET
IN THE YEAR 2010 ndash 11