COST-VOLUME-PROFIT ANALYSIS IN DECISION-MAKING
- 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 role of cost-volume-profit (CVP) analysis in decision-making in Lagos State, Nigeria. The objectives are to: (1) assess how CVP analysis influences pricing and production decisions, (2) evaluate its impact on profitability and break-even analysis, and (3) analyze the challenges of implementing CVP analysis in businesses. A survey design was employed to collect data from financial managers and accountants. The sample size, determined using Taro Yamane's formula, ensures representativeness. Flour Mills of Nigeria Plc was chosen as the case study due to its use of CVP analysis in decision-making. The reliability coefficient score of the survey was 0.88. Findings reveal that CVP analysis significantly enhances pricing and production decisions, improving profitability and break-even analysis. However, implementation challenges such as data accuracy and integration were identified. It is recommended that companies in Lagos State adopt CVP analysis practices to improve decision-making and profitability.
Related Project Materials
MONETARY POLICY AND SECTORIAL PERFORMANCE IN NIGERIA
Background to the study
Monetary polices in Nigeria and the United Kingdom, the central bank of Nigeria...
EFFECT OF MACROECONOMIC DETERMINANT OF CAPITAL MARKET PERFORMANCES IN NIGERIA
Abstract
In the face of capital deficiency in financing long term development, the capital-deficient economies have...
THE IMPACT OF MANAGING ELECTRONIC WASTE TO ENSURE GREEN COMPUTING
ABSTRACT
This study was carried out to examine the impact of managing electronic waste to ensure green computing i...
ANXIETY IN WOMEN PRESENTING FOR HYSTEROSALPINGOGRAPHY (HSG) A SINGLE CENTRE STUDY
ABSTRACT
This study was carried out on anxiety in women presenting for hysterosalpingography (HSG) &nbs...
EXAMINE THE ATTITUDE OF PARENTS TOWARDS THE PRIMRY EDUCATION OF THEIR CHILDREN
Background of the Study
Primary education is the foundation a child requires in his or her educational...
PRECISION JOURNALISM AND SENSATIONALISM
ABSTRACT
The broad objective of this study is to critically assess precision...
THE IMPACT OF INVESTMENT TECHNOLOGY ON PORTFOLIO MANAGEMENT
ABSTRACT
THE IMPACT OF INVESTMENT TECHNOLOGY ON PORTFOLIO MANAGEMENT
This study examines the impact of investment technology on...
A PHILOSOPHICAL EVALUATION ON THE EXISTENCE OF GOD AND THE PROBLEM OF EVIL
-
- Background of the Study
For centuries, people have sought a s...
THE MATERIAL COMPOSITION IN THE PROCESSING OF CANDLE PRODUCTION
ABSTRACT
This research relates to a candle composition containing non-hydrogenated oil and at least one of long chain hy...
THE ROLE OF MANAGEMENT DISCRETION IN FINANCIAL REPORTING
Abstract:
This research explores the role of management discretion in financial reporting in Lagos Stat...
