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Inventory
Cost Management

A Case Study On
Hawkins Cookers Limited

Submitted to: Submitted By:
Dr.N.K Gupta Satyabrat Kaushik Roll No. – 193 (Sec C)

Table Of Contents

* About the Company

* Mission & Values

* Product line

* Costing Techniques

* Cost Management System(Questionnaire) * Reporting and Evaluation (performance evaluation) * Transfer Pricing * Costing Techniques * Budgeting, budgetary control

* Budgeting and Budgetary Control

About The Company
Hawkins Cookers Limited has been in business since 1959. Today, it has two offices, three factories and about 1000 persons working. It is the leader in the pressure cooker market in India and has exported its products since 1974 to various countries in each of the six continents of the world.
Hawkins has sold over 45 million pressure cookers worldwide. Today, it makes 57 different models of pressure cookers in 10 different types. All Hawkins pressure cookers are listed by Underwriters Laboratories Inc., USA, a not-for-profit institution testing products for public safety.
Each pressure cooker made by Hawkins features an inside fitting lid. This design is inherently safer than conventional pressure cookers. To open any Hawkins cooker, you have to first lower the lid slightly into the body of the cooker; and that cannot be done until the steam pressure inside the cooker falls to a safe level. Thus Hawkins pressure cookers are pressure-locked for safety - like a jetliner door!
The Hawkins Company is well known for not compromising on quality and for continual product innovation. The most thorough research and development, the most careful selection of materials, the best manufacturing practices and the strictest quality control - all go into making pressure cookers which are trusted by the millions of families using them.
Each cooker is tested to be leak-proof. Along with a superior pressure regulating system, this

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