EFFECT OF OVERHEAD COST ON THE SELLING PRICE OF A PRODUCT
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
STATEMENT OF THE PROBLEM
In this present time of poor economy situation of the country, there has been a persistence race of poor variance on the cost of a product, which mostly was due to the lack of control. The primary motive of a firm is to set a standard on its product inorder to achieve its goal and objectives. Thus, the need for the satisfaction parameter to be enjoy by the society at large is that, any company that makes profit must be able to enjoy more people thereby satisfying an essential aspect of the societal need. Unfortunately, some organization concentrate more on manufacturing as only the conversion of raw material to finished goods through the utilization of labour and overhead without paying much attention to the cost of good sold during a given period.
As some organization face serious unfavourable returns, “UNILEVER PLC” is facing a serious profit squeeze. Hence, this project will analyze the effect of overhead cost control on the selling price of product, that could considerably enhance a company.
1.3 OBJECTIVE OF THE STUDY
The aim and objective of this research work are:
1. To know the activities involve in the physical charging of raw materials to finish goods.
2. To identify the process of charging to cost center of a fair share of common item of cost.
3. To identify the actual overhead cost that can be trace directly to each cost center.
4. To know that the differentiation of actual overhead and absorbed factory overhead is essential.
5. To know that the marketing sales and subsequent services to the output of a business is an essential role to be played on the selling price of a product.
Related Project Materials
MEASURING THE EFFECTIVENESS OF ONLINE SHOPPING (A CASE STUDY OF KONGA)
ABSTRACT
The aim of the research work is to elicit information on the relationship between online shoping and the level...
RELATIONSHIP BETWEEN EFFECTIVE EDUCATIONAL PLANNING AND STAFF PERFORMANCE
ABSTRACT
The study was designed to find out, the relationship between effective educational planning and staff performan...
THE EFFECTIVENESS OF MARKETING PLANNING AND CONTROL IN A MANUFACTURING ORGANIZATION
ABSTRACT
The researcher is determined to see and threw more high on the effectiveness of Marketing Plan...
DISSOLUTION OF MARRIAGE THROUGH KHUL’ IN ISLAMIC LAW: A STUDY OF KANO STATE
ABSTRACT
Marriage in Islamic Law is special contract developsthrough love thatbrings compassion between the spouses among others. However...
LEGAL EFFECT OF CUSTOMARY LAW MARRIAGES IN NIGERIA
ABSTRACT
The conflict in customary law is a theme that permeates the history of colonialism in Nigeria...
ACCOUNTING INFORMATION, CONCEPTS AND APPLICATION FOR PLANNING AND DECISION MAKING
Abstract
Accounting is a body of knowledge which does not have a gingle definition, vicarious and several actions have c...
IMPACT OF ADULT EDUCATION ON SOCIAL COHESION
Abstract: This study investigates the impact of adult education on social cohesion, examining how educational programs designed for adults con...
THE ROLE OF COST ACCOUNTANTS IN BUDGETING AND FORECASTING IN THE HOSPITALITY INDUSTRY
Abstract: THE ROLE OF COST ACCOUNTANTS IN BUDGETING AND FORECASTING IN THE HOSPITALITY INDUSTRY
This study investigates the role of cost...
THE ROLE OF ACCOUNTING FOR PUBLIC GRANTS AND SUBSIDIES:
THE ROLE OF ACCOUNTING FOR PUBLIC GRANTS AND SUBSIDIES: This research aims to (i) analyze the current practices in accounting for public grants and...
EFFICACY OF FLIPCHART IN THE TEACHING AND LEARNING OF SOCIAL STUDIES IN SOME SELECTED SECONDARY SCHOOLS
Abstract
The study examined the effect of flip chart instruction on the academic performance of Junior Secondary School Students who were...
