0704-883-0675     |      dataprojectng@gmail.com

THE INFLUENCE OF COST ALLOCATION ON FINANCIAL PERFORMANCE

  • 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 INFLUENCE OF COST ALLOCATION ON FINANCIAL PERFORMANCE

This study investigates the influence of cost allocation on financial performance by addressing: (1) the methods of cost allocation most commonly used; (2) the impact of accurate cost allocation on financial reporting; (3) the role of cost allocation in strategic decision-making. A survey research design is adopted, suitable for obtaining quantitative data from a large sample. Taro Yamane's formula is applied to derive a sample size of 350 respondents from Kano, encompassing a variety of industries. A manufacturing company is chosen as the case study due to its complex cost structures and the significant impact of cost allocation on financial outcomes. The reliability coefficient of the survey instrument is 0.85. The results indicate that accurate cost allocation enhances financial performance by providing clearer insights into profitability and cost drivers. Commonly used methods such as activity-based costing (ABC) and job order costing are highlighted. It is recommended that businesses implement advanced cost allocation techniques, train their financial staff on these methods, and regularly review their cost allocation processes to ensure accuracy and relevance.





Related Project Materials

A COMPARATIVE STUDY OF SECONDARY SCHOOL STUDENTS ACADEMIC PERFORMANCE IN FOOD AND NUTRITION IN WAEC AND NECO

ABSTRACT

This paper compares and examines the performance of secondary school students who were candidates in food and n...

Read more
ABUSE OF CHILDREN’S RIGHTS: AN APPRAISAL OF CHIMAMANDA NGOZI ADICHIE’S PURPLE HIBISCUS AND UNIGWE’S

Background of the study

The essayists and scholars have called the abuse of children’s rights a troubled childhood...

Read more
CAUSES OF THE REDUCTION IN THE ENROLLMENT OF BUSINESS EDUCATION

BACKGROUND OF THE STUDY

Business education is a field of education which deal with business experiences...

Read more
COMPARISON OF ACADEMIC PERFORMANCE OF JUNIOR SECONDARY SCHOOL STUDENTS IN ENGLISH LANGUAGE, BASIC SCIENCE AND COMPUTER SCIENCE IN EXTERNAL EXAMINATION

EXCERPT FROM THE STUDY

Poor academic performance, according to Aremu and Sokan (2003) is a performance that is adjudged...

Read more
WORKING CAPITAL MANAGEMENT AND PROFITABILITY OF LISTED PHARMACEUTICAL FIRMS IN NIGERIA

Abstract

Working capital managemt involves the management of the most liquid resources of the firm which includes cash...

Read more
THE STRUCTURE AND COMMUNICATIVE FUNCTIONS OF NIGERIAN ENGLISH AND ITS IMPLICATIONS ON TEACHING WRITING SKILLS AT THE SSS LEVEL

ABSTRACT

English as it is spoken in Nigerian (Nigerian English) has been localized or internalized, so to say. This...

Read more
INTERPERSONAL RELATIONSHIPS BETWEEN NIGERIAN MOTHER-IN-AW AND THEIR DAUGHTERS-IN-LAW: PRE-MARITAL AND FAMILY COUNSELLING IMPLICATIONS

Abstract:- Policies that discourage violence against women and girls abound in Nigeria but have not been eff...

Read more
THE EFFECT OF RELATIONSHIP MARKETING ON ORGANIZATIONAL PERFORMANCE

ABSTRACT

This study examined the effect of relationship marketing on organizational p...

Read more
THE EFFECT OF BAD GOVERNANCE ON THE ECONOMIC GROWTH OF STATES IN NIGERIA

ABSTRACT

Some scholars tend to focus attention on ‘good governance’ as a panacea for eeconomic growth and de...

Read more
INFLUENCE OF INFORMATION AND COMMUNICATION TECHNOLOGIES (ICTS) ON NEWS GATHERING

Abstract

This study “Influence of ICTs on news writing, a study of practicing journalists in Owerri municipal coun...

Read more
Share this page with your friends




whatsapp