The study of “Cost-Benefit Analysis” of Multi-Products of selected Manufacturing Industries with special reference to Nashik Industrial Area
Mrs. Aditi Rohan Kulkarni
A study entitled “The study of “Cost-Benefit Analysis” of Multi-Products of selected Manufacturing Industries with special reference to Nashik Industrial Area” was conducted. Objectives of the study included identifying current method of costing of individual product, identifying the current method of associating benefits for each product, identifying and analyze Non-Financial Cost and Non-Financial Benefits of each products, finding out method of doing the Cost-Benefit Analysis of each product at different stages of Product Life Cycle, testing the application of Product Life Cycle cost benefit method, and proposing a tool to calculate the cost of product. 400 multi-product manufacturing units (accounts manager) from Nashik district were surveyed through a survey questionnaire. Overall the study concludes that current costing methods are inappropriate for accurate ascertainment of cost and benefits associated with multiple products. They would benefit from a technique like activity-based costing.