Expenses Incurred For Promotion Of Pens

Personalized and custom Promotional pens are manufactured with an ultimate aim of making profit out of it. To attain the target, budget has to be worked out stating that expenses that are to be incurred while manufacturing, during operation, while marketing. Expenses are to be controlled within a specified limit so that profit can be achieved as budgeted. If expenses increase, the impact will be on the consumer products so that they will be maintain the percentage of profit throughout the year. Some of the important expenses incurred while making promotional pens are shown below:
(a) Raw Material Cost: The Raw material used in the manufacture should be kept in stock so that there is no stoppage of work.
(b) Direct Labour : This includes salaries and wages paid to employees, regular workers and job workers. The increase in salary, bonus and exgratia shall be given based on the performance of the company.
(c) Freight Charges: Transportation of materials also incurred during export of products. The expenses incurred in transportation of goods from factory to Port for shipment.
(d) Advertisement: Advertisement is the major source of expense incurred for selling in the national and international market. Advertisement accounts for promotional events by famous and leading actors and actress etc.
(e) Postage and Courier Charges:
”