THE ROLE OF COST ACCOUNTING IN PRICING DECISIONS: A CASE STUDY OF NESTLE NIGERIA LTD.
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
Abstract: THE ROLE OF COST ACCOUNTING IN PRICING DECISIONS: A CASE STUDY OF NESTLE NIGERIA LTD.
This research explores the role of cost accounting in pricing decisions, focusing on Nestle Nigeria Ltd. The objectives are to analyze how cost accounting data influences pricing strategies, assess the impact on profitability, and evaluate the challenges faced. A survey design was used to gather data from 250 financial managers and accountants at Nestle Nigeria Ltd, calculated using Taro Yamane's formula. A detailed case study of Nestle Nigeria Ltd provided comprehensive insights. The reliability coefficient score was 0.89. Findings indicate that cost accounting plays a crucial role in pricing decisions by providing accurate cost data, enabling better pricing strategies, and enhancing profitability. However, challenges such as data collection difficulties and compliance issues were noted. Recommendations include providing more training on cost accounting, simplifying data collection processes, and ensuring regular reviews of pricing strategies based on cost accounting data.
Related Project Materials
THE PROBLEM AND PROSPECT OF PEASANT FARMING
Abstract
This project work is designed to find out appraisal of problems and prospect of peasant farming in Uhunmwonde L...
THE IMPACT OF BUDGETING ON FINANCIAL PERFORMANCE
THE IMPACT OF BUDGETING ON FINANCIAL PERFORMANCE
This study aims to: (1) analyze the relationship between budgeting practices and financi...
AN ASSESSMENT OF PERSONAL AND ENVIRONMENTAL HYGIENE IN THE TRANSMISSION OF COMMUNICABLE DISEASES
ABSTRACT
The primary objective of this study is to examine personal and environmental hygiene in the transmission of com...
DESIGN AND CONSTRUCTION OF A BIOMETRIC STUDENTS’ TIME AND ATTENDANCE LOGGING SYSTEM
ABSTRACT
In recent time, there has been high level of impersonation experienced on a daily basis...
STUDY ON THE EFFECT OF MANAGERS LEADERSHIP STYLE ON THE SECRETARIES PRODUCTIVITY IN ANAMMCO
BACKGROUND OF THE STUDY
Many a times the success or failures of any business organization determined by...
Audience Perception of Africa Independent Television (AIT) coverage of political news Programmes in Enugu metropolis
Abstract
The aim of this study is to investigate Audience perception on coverage of political news programmes of Africa independent Telev...
UTILITARIANISM IN JOHN STUART MILL (A CRITICAL APPRAISAL)
STATEMENT OF PROBLEM
There have existed lots of conflicts, disagreements and intolerable attitudes in matters of moral i...
THE IMPACT OF ACCOUNTING ON INTERNATIONAL FINANCIAL REPORTING COMPLEXITIES
ABSTRACT
This research assesses THE IMPACT OF ACCOUNTING ON INTERNATIONAL FINANCIAL REPORTING COMPLEXITIES, with objectives to identify k...
THERAPEUTIC EFFECTS OF GROUP COUNSELLING ON THE STUDY HABIT PROBLEMS OF SECONDARY SCHOOL STUDENTS
Abstract
The study investigated the effect of group counselling on study habit of senior secondary school students&rsqu...
EFFECTS OF TALENT MANAGEMENT ON ORGANIZATIONAL PERFORMANCE
Abstract
This study examines the effect of talent management on workers performance in Vitafoam Nigeria Plc. The study utilized both fiel...
