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Industrial Visit to Shubham Flexible Packaging Machines Pvt. Lta.

B.Com. students gained valuable industry exposure through an insightful visit to Shubham Flexible Packaging Machines Pvt. Ltd. The visit provided practical insights into manufacturing operations and the application of management accounting concepts in real-world business environments.

Students explored production processes, cost sheets, process costing, standard costing, activity-based costing, budgeting, variance analysis, break-even analysis, and financial performance evaluation. Interactive discussions with company officials highlighted the importance of cost control, efficient resource utilization, informed decision-making, and profitability.

This enriching experience bridged the gap between classroom learning and industry practices, enhancing students' practical understanding of management accounting."