Mars Incorporated is a privately held American company that manufactures confectionery, pet food, and other food products. In 2015, Mars reported $33 billion in annual sales and is the 6th largest privately held company in the US. Headquartered in Virginia, Mars operates six business segments globally including Wrigley gum, chocolate, petcare, food, drinks, and life sciences. Snickers is a popular chocolate bar made by Mars consisting of nougat, caramel, and peanuts enrobed in milk chocolate, with annual global sales of $2 billion. The document then provides a cost sheet analyzing the costs to produce 1000 units of Snickers bars including materials, labor, expenses, and profit

1. Mars Incorporated
Mars is an American global manufacturer of confectionery, pet food, and other food products and a
provider of animal care services, with US$33 billion in annual sales in 2015, and is ranked as the 6th
largest privately held company in the United States by Forbes.Headquartered in McLean,
unincorporated Fairfax County, Virginia, US, the company is entirely owned by the Mars family. Mars
operates in six business segments around the world: Wm. Wrigley Jr. Company (Chicago, Illinois),
Chocolate (Hackettstown, New Jersey; to be integrated with Wm. Wrigley Jr. Company and based in
Chicago, Illinois from 2017), Petcare (Brussels, Belgium, Poncitlán and Jalisco, Mexico), Food
(Rancho Dominguez, California), Drinks (West Chester, Pennsylvania), and Symbioscience
(Germantown, Maryland), the company's life sciences division.
SNICKERS CHOCOLATE COST SHEET.
Snickers is a brand name chocolate bar made by the American company Mars, Incorporated. Consisting
of nougat topped with caramel and peanuts, enrobed in milk chocolate, Snickers has annual global sales
of $2 billion.

2. Cost Sheet
Total Output = 1000 units
Particulars Cost Per Unit Total Cost
Raw material
Sugar = 667
Cocoa Butter= 667
Cocoa Solids = 711
Peanuts = 445
5.16 5160
Milk Solids = 445
Chocolate Coated Rasins= 889
Almonds= 667
Vanilin= 222
Honey= 111
Boston Baked Bean= 334
Direct Labour= 1555 1.56 1560
Carriage on Material= 540 0.54 540
Prime Cost: - 7.26 7260
Factory expenses: -
Fixed –
Depreciation on Plant and Machinery= 47
Rent= 28
Power and Consumable Stores= 28
Factory Insurance= 28
Supervisors Salary= 37
.3625 362.5
Variable –
Electricity Charges= 74

3. Power and Consumable Stores= 47
Running Expenses of Machine= 47
Factory Cost: - 7.6125 7612
Office and Administration Expenses
Office staff salary= 2000
Rent= 178
Computer= 265
Furniture= 445 3.838 3838
Telephone= 20
Carriage outward= 45
Depreciation on furniture= 30
Salaries to administrative staff= 820
Rent, rates, and taxes= 35
Office and Administration Cost: - 11.4505 11450
Selling & Distribution Expenses
Advertisement (Print and by local T.V.
channels)= 2800
Petrol= 170
3.55 3550
Delivery vehicles= 300
Maintenance of delivery vehicles= 55
Packing rates= 120
Bad Debts written off= 100
Total cost 15 15000
Net Profit 5 5000
Sales 20.00 20000

4. Analysis
1. The number of units sold is 1000 units.
2. The profit is calculated on sales which 25 % per unit.
References
https://en.wikipedia.org/wiki/Snickers
https://en.wikipedia.org/wiki/Mars,_Incorporated
www.mars.com
www.slideshare.net
Submitted By: Divyae Mohan Sherry (1620313)