Cost Control And Profit Planning In Manufacturing Industries In Nigeria (A Study Of Unilever Plc, Lagos Branch)

CHINEDU T NWABUKO | 72 pages (10385 words) | Projects

ABSTRACT

 This study focused on cost control and profit planning in manufacturing industries using Unilever plc as a case study. It was pertinent because manufacturing firms are usually faced with the problem of controlling cost that will enhance profit maximization. The data collected were primary and secondary data. The primary data which is the questionnaire administered to the firm and also personal interviews conducted while the secondary data area journal, textbooks, and other publications. The population derived from the fmn is 100, the sample size was derived from the population by the use of a sampling tool called Taro Yemen formula, and the sample size derived is 80. Eighty (80) questionnaires were distributed and 70 were returned duly filled and completed. The hypotheses were analyzed using Chi Square (X2) method at 5% significance level. One of the major fmdings is that cost control is seen as a starting point to achieving organizational goals. Based on the findings, recommendations were provided on how to improve cost control and profit planning, one of which is to employ qualified accountant to keep and monitor cost records in manufacturing industries.

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APA

CHINEDU, N (2021). Cost Control And Profit Planning In Manufacturing Industries In Nigeria (A Study Of Unilever Plc, Lagos Branch). Mouau.afribary.org: Retrieved Nov 28, 2024, from https://repository.mouau.edu.ng/work/view/cost-control-and-profit-planning-in-manufacturing-industries-in-nigeria-a-study-of-unilever-plc-lagos-branch-7-2

MLA 8th

NWABUKO, CHINEDU. "Cost Control And Profit Planning In Manufacturing Industries In Nigeria (A Study Of Unilever Plc, Lagos Branch)" Mouau.afribary.org. Mouau.afribary.org, 09 Nov. 2021, https://repository.mouau.edu.ng/work/view/cost-control-and-profit-planning-in-manufacturing-industries-in-nigeria-a-study-of-unilever-plc-lagos-branch-7-2. Accessed 28 Nov. 2024.

MLA7

NWABUKO, CHINEDU. "Cost Control And Profit Planning In Manufacturing Industries In Nigeria (A Study Of Unilever Plc, Lagos Branch)". Mouau.afribary.org, Mouau.afribary.org, 09 Nov. 2021. Web. 28 Nov. 2024. < https://repository.mouau.edu.ng/work/view/cost-control-and-profit-planning-in-manufacturing-industries-in-nigeria-a-study-of-unilever-plc-lagos-branch-7-2 >.

Chicago

NWABUKO, CHINEDU. "Cost Control And Profit Planning In Manufacturing Industries In Nigeria (A Study Of Unilever Plc, Lagos Branch)" Mouau.afribary.org (2021). Accessed 28 Nov. 2024. https://repository.mouau.edu.ng/work/view/cost-control-and-profit-planning-in-manufacturing-industries-in-nigeria-a-study-of-unilever-plc-lagos-branch-7-2

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