AN APPRAISAL OF COSTING METHODS FOR PERFORMANCE EVALUATION AND BENCHMARKING
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
Abstract: AN APPRAISAL OF COSTING METHODS FOR PERFORMANCE EVALUATION AND BENCHMARKING
This research appraises various costing methods used for performance evaluation and benchmarking in the manufacturing sector in Enugu. The study's objectives are to compare the accuracy and reliability of different costing methods, assess their impact on performance evaluation, and identify the challenges faced. A survey design was utilized, gathering data from 250 financial managers and cost accountants, derived using Taro Yamane's formula. A case study of a leading manufacturing company in Enugu provided detailed insights. The reliability coefficient score was 0.86. Findings reveal that accurate costing methods, such as activity-based costing and standard costing, significantly enhance performance evaluation and benchmarking by providing detailed cost information and facilitating better decision-making. However, challenges such as data collection difficulties and compliance issues were noted. Recommendations include providing more training on costing methods, simplifying data collection processes, and integrating costing methods with overall performance evaluation practices to enhance organizational performance.
Related Project Materials
THE EFFECT OF TEACHER-STUDENT RATIO ON THE ACADEMIC PERFORMANCE OF PUBLIC SENIOR SECONDARY SCHOOLS
ABSTRACT
This study is an attempt to investigate the effect of teacher-student ratio on student’s...
THE ROLE OF TAX ADVISORS IN TAX COMPLIANCE AND PLANNING
Abstract: THE ROLE OF TAX ADVISORS IN TAX COMPLIANCE AND PLANNING
This research explores the role of tax advisors in tax compliance and p...
NUTRITIONAL STATUS OF PRIMARY SCHOOL CHILDREN
ABSTRACT
The purpose of the study was to find out the difference between food nutrients status and the types given to Pr...
THE IMPACT OF ORGANIZATIONAL SKILLS ON ADMINISTRATIVE SUCCESS
THE IMPACT OF ORGANIZATIONAL SKILLS ON ADMINISTRATIVE SUCCESS
Abstract: This research...
IMPACT OF GLOBALIZATION ON THE NIGERIAN ECONOMY
ABSTRACT
The research work studies the impact of globalisation on the Nigerian economy. It uses the time series data ove...
PUBLIC RELATIONS AS A TOOL FOR INDUSTRIAL HARMONY (A CASE STUDY OF CONSTRUCTION INDUSTRY)
ABSTRACT
There has been a meaningful contribution by researchers on this subject; public Relations. So this project...
THE EFFECT OF GLOBALIZATION ON MANAGEMENT ACCOUNTING PRACTICES
Abstract:
This research explores the effect of globalization on management accounting practices in Lago...
CHRISTIAN MARRIAGES AND HOW INFIDELITY AFFECTS THEM
Abstract
Infidelity is a topical issue in both social and legal spheres. This study was a mixed- method design focused...
CLAPHAM ANTI-SLAVERY CHRISTIAN MOVEMENT, 1773-1833 AN APPROACH TO THE ERADICATION OF MODERN HUMAN TRAFFICKING IN NIGERIA
Background of the Study
Slavery cum slave trade was a constituent part of the social system in Africa as in other parts...
EFFECTS OF STRUCTURAL ADJUSTMENT PROGRAMME ON ACCOUNTING PRINCIPLES
STATEMENT OF THE PROBLEMS
This research work tends to give an appraisal on the effect of the SAP on accounting principle...
