Application Of Cost Accounting Information And Price Determination (A Case Study Of Selected Manufacturing Firms In Nigeria)

OLATUNDE MUDASHIRU M | 75 pages (9643 words) | Projects

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.

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APA

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

MLA 8th

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.

MLA7

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 >.

Chicago

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

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