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No.Mian Atif Nisar Mohammadullah Shujat Hussain Roll No.59 Roll No. 70 Presented to : Miss Ayesha Sami Latif QACC University of Peshawar .57 Roll.

TOPIC • FOOD PUNCH RESTAURANT – Actual & Budgeted Variance .

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Chicken cheese burger. We now offer products that have appeal to all ages and tastes including the sizzling steak. . special chief pizza and chicken chowmein to name a few.INTRODUCTION • Food Punch Restaurant the only best fast food restaurant in Peshawar offers a wide and varied menu to customers specializing in quality burger & chicken products.

.CONTINUED • Food Punch Restaurant is located in AL Hajj Plaza University Road Peshawar.

Products .

Chicken Burger .

Restaurant Staff • Owner: • Manager: • Other Staff: – – – – Salman Ahmed Kamran Munawar 3 Cooks 8 Waiters 2 Dish Washers 1 Security Guard .

Mohammadullah .• Mr.

to add value to our stakeholders.Mission Statement • Food Punch will be a leading Pakistani owned fast food company that is committed to providing innovative products that are consumer and lifestyle focused. We will achieve this by meeting our customer expectations for: • Value • Quality • Efficient Service • In a customer friendly environment. .

multinational organization or just about anything else that makes and spends money. business. A budget can be made for a person. country. family. group of people.Budget • An estimation of the revenue and expenses over a specified future period of time. A budget is a microeconomic concept that shows the tradeoff made when one good is exchanged for another. government. .

Variance • Variance is the difference between a budgeted. Variances can be computed for both costs and revenues. planned or standard amount and the actual amount incurred/sold. .

• Mian Atif Nisar .

6. 3. Kitchen Food Expenses Staff Salaries Electricity Expenses Gas Expenses Stationery Advertisement 3500000 1840000 200000 450000 47000 80000 700000 400000 (40000) 90000 (13000) 30000 . 4. 5.Budget Comparison of 2011 L/F Description Budget Actual Variances Expenses 2800000 1440000 240000 360000 60000 50000 1. 2.

Expenses 13.Budget Comparison of 2011 7.00000 12441600 . Repair & Maintenance 100000 60000 50000 36000 220000 75000 50000 50000 120000 15000 14000 3441600 10. Packing Material 11. Building Rent Utensils 600000 240000 600000 400000 160000 9. 8. Charity Fund 12. Misc. Revenues 90.

460800/Revenue Variance Rs.3441600/- . 5529600/Estimated Per Month IncomeRs.Food Punch Annual Financial Position • • • • • Total Actual Expenditure Rs.6912000/Total Revenue Rs.12441600/Net Income Rs.

Conclusion – Food Business has great scope in Peshawar. – Product Line was Limited & Common. – Timing & Quality was strongly considered. – Staff Attitude is counted in Business Development. – Business Locality Best. – Staff was rewarded on Performance Basis. .

THE END • Question •& Answer .