ABSTRACT
The study focused on the
application of cost accounting information and price determination in
manufacturing industries using six selected manufacturing firms as a case
study. It was undertaken because of the need to investigate the practices of
cost accounting information in manufacturing firms as well as to provide
possible suggestions for improvement thereon. In the study, an extensive
literature review was carried out to investigate different opinions of the
various authors on the study. Thereafter, questionnaires were majorly used as a
survey of obtaining data from employees of the selected firms understudied, for
the purpose of analyses through some descriptive statistics such as frequency,
percentage. The results were further validated through the use of ONE -WAY
ANOVA to test the hypotheses. The result from the data analyses revealed that
average manufacturing firms in Nigeria adopt the cost accounting information in
the determination of pricing policy of manufactured products, establishment of
budgeting planning process through the information derived from cost accounting
information, adoption of absorption costing technique brings about less
fluctuation in the net profit realized. Based on the results of data
presentation and analyses, recommendations were provided on how to improve and
enhance and encourage the application of cost accounting information in price
determination by manufacturing industries in Nigeria.
OLATUNDE, M (2021). Application Of Cost Accounting Information And Price Determination (A Case Study Of Selected Manufacturing Firms In Nigeria). Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/application-of-cost-accounting-information-and-price-determination-a-case-study-of-selected-manufacturing-firms-in-nigeria-7-2
M, OLATUNDE. "Application Of Cost Accounting Information And Price Determination (A Case Study Of Selected Manufacturing Firms In Nigeria)" Mouau.afribary.org. Mouau.afribary.org, 18 Aug. 2021, https://repository.mouau.edu.ng/work/view/application-of-cost-accounting-information-and-price-determination-a-case-study-of-selected-manufacturing-firms-in-nigeria-7-2. Accessed 01 Nov. 2024.
M, OLATUNDE. "Application Of Cost Accounting Information And Price Determination (A Case Study Of Selected Manufacturing Firms In Nigeria)". Mouau.afribary.org, Mouau.afribary.org, 18 Aug. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/application-of-cost-accounting-information-and-price-determination-a-case-study-of-selected-manufacturing-firms-in-nigeria-7-2 >.
M, OLATUNDE. "Application Of Cost Accounting Information And Price Determination (A Case Study Of Selected Manufacturing Firms In Nigeria)" Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/application-of-cost-accounting-information-and-price-determination-a-case-study-of-selected-manufacturing-firms-in-nigeria-7-2