ACTIVITY-BASED COSTING AND ITS RELEVANCE IN MODERN BUSINESS ENVIRONMENTS
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
Abstract:
This research explores the relevance of activity-based costing (ABC) in modern business environments in Lagos State, Nigeria. The objectives are to: (1) assess the impact of ABC on cost accuracy and allocation, (2) evaluate its influence on pricing and profitability analysis, and (3) analyze the challenges of implementing ABC in contemporary businesses. A survey design was employed to gather data from financial managers and accountants. The sample size, determined using Taro Yamane's formula, ensures statistical significance. Nestlé Nigeria Plc was chosen as the case study due to its adoption of ABC practices. The reliability coefficient score of the survey was 0.91. Findings reveal that ABC significantly improves cost accuracy and allocation, positively influencing pricing and profitability analysis. However, implementation challenges such as complexity and resource requirements were identified. It is recommended that companies in Lagos State adopt ABC practices to enhance cost management and profitability, while addressing implementation challenges through training and resource allocation.
Related Project Materials
THE ROLE OF VOCATIONAL EDUCATION IN SUPPORTING SUSTAINABLE AGRICULTURAL INNOVATIONS
ABSTRACT: The role of vocational education in supporting sustainable agricultural innovations is crucial for advancing environmentally-friendl...
EVALUATION OF THE PROSPECT OF DEVELOPING NEW ASSEMBLIES AND ITS IMPLICATION FOR THE GROWTH OF THE APOSTOLIC CHURCH NIGERIA TACN, SANNGO-BADAN
Background of the study
The growth of the Christian church in Nigeria has been significant over the pas...
EVALUATING INVENTORY MANAGEMENT AND CONTROL IN MANUFACTURING FIRMS
ABSTRACT
Inventory management is a significant component of any business since inventories are normally accountable for...
THE EFFECT OF AUDITING AND INVESTIGATING IN SMALL SCALE BUSINESS ORGANIZATION
ABSTRACT
This study was carried out to examine the effect of auditing and investigating in small scale business organiza...
THE DESIGN AND IMPLEMENTATION OF A DISPATCH/LOGISTICS (DELIVERY) WEBSITE
ABSTRACT
This Project research depicts a Logistics delivery company application. This application consists of features that can help Indi...
IMPACT OF GOVERNMENT POLICIES ON ADULT EDUCATION PROGRAMS
Abstract: The research topic is the impact of government policies on adult education programs. This study aimed to analyze how different gover...
THE ROLE OF VOCATIONAL EDUCATION IN SUPPORTING THE RENEWABLE ENERGY SECTOR
ABSTRACT: Developing vocational training modules for advanced robotics systems is essential for preparing students for careers in the fast-gro...
A STATISTICAL EVALUATION OF REPORTED CRIME CASES (1995 - 2004)
Introduction
A man's life is certainly his most prized possession and the most fundamental of all fundamental human...
PHYTOCHEMICAL AND SOME BIOLOGICAL STUDIES OF THE METHANOL LEAF EXTRACT OF ASPILIA AFRICANA (PERS.) C. D. ADAMS (ASTERACEAE)
Abstract
Aspilia africana, (Pers) C.D. Adams; (Asteraceae), a semi perennial woody plant, commonly known as haemorrhage plant is widely d...
PERCEPTION OF PARENTS AND STUDENTS ON THE CAUSES AND REMEDIES OF DRUG ABUSE AMONG STUDENTS IN SECONDARY SCHOOLS IN KADUNA STATE,NIGERIA
ABSTRACT
This study was instituted to find out the Perception of Parents and Students, on the Causes and Remedies of Drug Abuse among Stu...
