THE IMPACT OF COST ALLOCATION FOR JOINT PRODUCTS AND BY-PRODUCTS
- 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 IMPACT OF COST ALLOCATION FOR JOINT PRODUCTS AND BY-PRODUCTS
This study investigates the impact of cost allocation methods for joint products and by-products in the manufacturing industry in Lagos. The objectives are to evaluate the effectiveness of different cost allocation methods, assess their impact on financial performance, and identify the challenges faced during implementation. A survey design was employed, gathering data from 250 financial managers and cost accountants, derived using Taro Yamane's formula. A detailed case study of a leading manufacturing company in Lagos provided comprehensive insights. The reliability coefficient score of the survey instrument was 0.89. Findings indicate that accurate cost allocation methods, such as physical measures and net realizable value, significantly enhance financial performance by providing precise cost information and facilitating better pricing decisions. However, challenges such as data collection difficulties and high implementation costs were noted. Recommendations include providing more training on cost allocation methods, simplifying data collection processes, and integrating these methods with overall financial management practices to improve efficiency and performance.
Related Project Materials
ASSESSING THE IMPACT OF POVERTY ON MATERNAL AND INFANT MORTALITY
Background Of The Study
Maternal and child mortality are not new concepts in the social and medical sci...
HOW TO PREVENT COMPUTER SYSTEM INFECTION AND COMPROMISE USING TROJAN TOOL AND PROCESS
ABSTRACT
This study was carried out to examine how to prevent computer system infection and compromise using trojan...
THE INFLUENCE OF BEAUTY MAGAZINE CONSUMPTION ON THE BEAUTY CHOICE AMONG UNIVERSITY STUDENTS
ABSTRACT
This study investigates the relationship that exists between Beauty Magazine Consumption and beauty choice of consumers. Specifi...
IMPACT OF WORKING CAPITAL MANAGEMENT ON CORPORATE PROFITABILITY OF NIGERIAN MANUFACTURING FIRMS: 2000 TO 2011
Abstract
This study examined the impact of working capital management on the profitability of Nigerian...
ANALYSIS OF THE LAW ON COMPANY MEETINGS IN CONTEMPORARY CORPORATE GOVERNANCE IN NIGERIA
ABSTRACT
This study analyzed the Law on Company Meeting in Modern Day Corporate Governance in Nigeria. It principally discussed the conce...
PRINCIPAL’S COMMUNICATION STYLES AND TEACHERS’ JOB PERFORMANCE IN JUNIOR SECONDARY SCHOOLS IN EDUCATION
ABSTRACT
The study investigated the Principal Communication style and teachers’ job performance in ju...
A REVIEW ON THE APPLICABILITY OF NATURAL LAW PRINCIPLES TO THE LAW OF NEGLIGENCE IN NIGERIA
ABSTRACT
The essence of creation of man in any environment is to interact, relate and have dealings wit...
ATTITUDES OF LIBRARIANS TOWARD MARKETING INFORMATION RESOURCES AND SERVICES IN UNIVERSITY LIBRARIES IN NIGERIA
ABSTRACT
The study examined the attitudes of librarians toward marketing information resources and services in university libraries in No...
AN INVESTIGATION INTO THE PROBLEMS AND PROSPECTS OF MARKETING NIGERIAN MADE COMPUTER SOFTWARES
Background to the Study
Made-in-Nigeria software is a term used to describe software that was developed...
IMPACT OF ELECTRONIC MEDIA ON TEACHING AND LEARNING OF BIOLOGY IN SENIOR SECONDARY SCHOOL
ABSTRACT
This study assesses the Impact of electronic Media on teaching and learning of biology in...
