THE ROLE OF COST ACCOUNTING TECHNIQUES IN ACHIEVING EFFECTIVE COST CONTROL IN THE MANUFACTURING INDUSTRY
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
This research report was carried out to ascertain whether traditional costing techniques (standard, marginal and absorption costing) are still relevant for today’s demand and greater cost accuracy. Managers and Accounting are confused about which of these techniques will enhance effective cost control and effective management decision. Several literatures were reviewed and the problems were investigated through the use of quantitative research design where questionnaires were distributed to the production department of Coca-Cola Nigeria PLC which is the case study. The questionnaire was analyzed using the ordinary least square regression method and correlation co-efficient from which the hypothesis were tested and conclusions reached. The analysis reveals that traditional costing techniques are still relevant for today’s demand and greater cost accuracy and that Marginal costing is the most effective for cost control and effective management decision. In conclusion, the result is useful because Academic and Practitioner can reach a consensus that these costing techniques are not outdated but very relevant and Managers can explore a greater use of Marginal Costing as the most effective tool for cost control effective management decision.
Related Project Materials
THE ROLE OF AUGMENTED REALITY IN ENHANCING VOCATIONAL LEARNING EXPERIENCES
ABSTRACT: The Role of Augmented Reality in Enhancing Vocational Learning Experiences investigates the potential of augmented reality (AR) to i...
CYBERSECURITY RISKS AND FINANCIAL REPORTING INTEGRITY
Abstract
This study examines the impact of cybersecurity risks on financial reporting integrity in Ogun...
BANKING REGULATION AND THE PERFORMANCE OF THE NIGERIA BANKING INDUSTRY (1990-2006)
ABSTRACT
This study is intended to evaluation the effect of banking regulation on the performance of the Nigeria b...
CONTRIBUTION OF SMALL-SCALE ENTERPRISE TO ECONOMIC DEVELOPMENT IN NIGERIA
ABSTRACT
Content of this project reveals the contributions of small sale enterprise to economic development and it&rsquo...
IMPACT OF OWNERSHIP STRUCTURE ON THE OBJECTIVITY OF PRIVATE BROADCASTING STATIONS IN NIGERIA
ABSTRACT- The assertion that says he who pays the pipers dictates the tune agreed more with this study because there are lots of g...
A REVIEW OF MOTIVATION AS A MANAGEMENT TOOL FOR INCREASING THE PRODUCTIVITY OF EMPLOYEES
ABSTRACT
This research examines “the review of motivation as a management tool for increasing the productivity of employees, a case...
THE ROLE OF EARLY CHILDHOOD EDUCATION IN TEACHING RESOURCE MANAGEMENT
ABSTRACT: This study examines the role of early childhood education in teaching resource management to young children. Understanding resource...
THE EFFECT OF PARENTS BEHAVIOUR ON THE DISCIPLINARY ATTITUDE OF PRIMARY SCHOOL PUPIL. (CASE STUDY OF OWAN EAST LOCAL GOVERNMENT AREA AFUZE EDO STATE)
STATEMENT OF PROBLEM
Presently, the rate of misbehaviour among pupils is a...
IMPROVING PRODUCTIVITY AND PROFITABILITY OF SMALLHOLDER SHRIMP AQUACULTURE AND RELATED AGRIBUSINESS IN NIGERIA
ABSTRACT
In this study, our focus was to carryout a critical analysis on the methods of improving...
THE IMPACTS OF RADIO IN SPORTS DEVELOPMENT IN NIGERIA
ABSTRACT
This study appraised the relevance of radio broadcast towards sport development in Nigeria.
