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
EXAMINATION OF MONETARY POLICY AND FINANCIAL PERFORMANCE OF DEPOSIT MONEY BANK IN NIGERIA
ABSTRACT
This study examined the effect of monetary policy on the financial performance of deposit money banks in Nigeri...
QUALITY OF SANDCRETE HOLLOW BLOCKS IN NIGERIA
ABSTRACT
Sandcrete hollow blocks are widely used in Plateau State, Nigeria. The quality of these blocks produced, however, differs from e...
SOCIAL AND COMMUNITY DEVELOPMENT PROBLEMS AND CHALLENGES
statement of the problem:
the worrisome living...
THE IMPACT OF DEBT FINANCING ON FINANCIAL PERFORMANCE OF MANUFACTURING FIRMS IN NIGERIA
ABSTRACT
Debt financing decision is among the key financial decisions that are taken b...
POVERTY REDUCTION AND SUSTAINABLE DEVELOPMENT IN NIGERIA
Background of the Study
Many people when they hear or read about the word poverty will automatically think and look at p...
EVALUATION OF CONSTRAINTS IN THE TRAINING AND EDUCATION OF LIBRARY AND INFORMATION SCIENCE STUDENTS IN NIGERIA
BACKGROUND OF STUDY
Training and education in library and information science (LIS) play a vita...
THE IMPLEMENTATION OF PROGRESSIVISM IN NIGERIAN EDUCATION: AN ASSESSMENT
ABSTRACT
The thesis sought to assess the extent to which progressive education is implemented in Nigeria. This is essentially because whi...
THE GROWTH AND CONTRIBUTION OF LIFE ASSURANCE BUSINESS IN NIGERIA
COMMITTEE SYSTEM AND LEGISLATIVE EFFECTIVENESS IN NIGERIA NATIONAL ASSEMBLY: A STUDY OF THE PUBLIC ACCOUNTS COMMITTEE OF THE 7TH SENATE (2011-2015)
Background to the Study
Nigeria’s federal legislative body, the National Assembly, consists of two...
DESIGN AND CONSTRUCTION OF AN AUTOMATIC VOLTAGE STABILIZER
ABSTRACT
In the world today, the use of power supply in electroni...
