CHAPTER - V

FINDINGS

It has been found that the most of the year Actual value at income is greater than Budgeted value showing favorable condition. In the year 2008-2011 the total income (11303.33 lakhs, 1172.35 lakhs, 11425.36 lakhs). Most of the year the actual profit is less than Budgeted value. The variance of profit/loss past 3 years. (420.92 lakhs, 688.86 lakhs, 1044.88 lakhs). In the federation is negatively increased showing unfavorable condition. It is found that in most of the year actual value at purchase price is higher than Budgeted value. Showing favorable condition. In the year 2008-2011 the actual value of cash Budget Receipt is higher than Budget value the variance is (Rs.-115.02 1akh's, Rs.3522.08 1akh's, Rs.4505.71 lakhs) showing an favorable condition. In the past 3 year the cash Budget actual value of payment is higher than Budget value. Showing unfavorable condition. It has been found that in most of the year actual value is sale of sugar product stands higher than the budgeted value showing favorable condition. The variance of the past 3 years (17120.84 lakhs, 473.92 lakhs, -9859.09 lakhs). In the year 2008-2011 the actual value in sale of Bagasse stands less than budgeted value showing unfavorable condition. The variance of the past 3 years (-215.02 lakhs, -153.8 lakhs, -388.27 lakhs). Industrial Alcohol sales value is less than Budgeted value. The variance of the past 3 years (78.51 lakhs liters.641.82 lakhs liters, 577.76 lakhs liters) showing unfavorable condition.
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