ABSTRACT
Cost volume
profit analysis is a management tool that will be employed in making plausible
decisions which have cost-volume (level of activity,.) and pro/li implications.
There is no doubt that if management will not sufficient apply cost-volume
profit analysis in their decision making process, it will result in substandard
decisions low performance and profitability. This study is set out to determine
the effect of cost-volume profit analysis in the decision making manufacturing
industries. The study combined both survey research and longitudinal research
design. Both primary and secondary data were used /r statistical analysis.
Primary data was collected from questionnaires while secondary data was
collected from the management accounts of the two selected manufacturing
industries. They were analyzed using regression and correlation techniques. The
results revealed that the sales value u/a product and the quantity the product manufactured
has a positive effect on profit made on the product, also that there is a
significant relationship between the cost of production and profit. The
re-order and economic order quantity were also determined as a base assessing decision making opportunities. Based
on the result, the researcher recommends that manufacturing industries should
always adopt cost-volume profit analysis in their decision making.
NWIGWE, C (2021). Effect Of Cost-Volume-Profit Analysts On Dec1sion Making Of Manufacturing Industries In Nigeria . Mouau.afribary.org: Retrieved Nov 02, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-cost-volume-profit-analysts-on-dec1sion-making-of-manufacturing-industries-in-nigeria-7-2
CHIMEZIE, NWIGWE. "Effect Of Cost-Volume-Profit Analysts On Dec1sion Making Of Manufacturing Industries In Nigeria " Mouau.afribary.org. Mouau.afribary.org, 30 Jul. 2021, https://repository.mouau.edu.ng/work/view/effect-of-cost-volume-profit-analysts-on-dec1sion-making-of-manufacturing-industries-in-nigeria-7-2. Accessed 02 Nov. 2024.
CHIMEZIE, NWIGWE. "Effect Of Cost-Volume-Profit Analysts On Dec1sion Making Of Manufacturing Industries In Nigeria ". Mouau.afribary.org, Mouau.afribary.org, 30 Jul. 2021. Web. 02 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-cost-volume-profit-analysts-on-dec1sion-making-of-manufacturing-industries-in-nigeria-7-2 >.
CHIMEZIE, NWIGWE. "Effect Of Cost-Volume-Profit Analysts On Dec1sion Making Of Manufacturing Industries In Nigeria " Mouau.afribary.org (2021). Accessed 02 Nov. 2024. https://repository.mouau.edu.ng/work/view/effect-of-cost-volume-profit-analysts-on-dec1sion-making-of-manufacturing-industries-in-nigeria-7-2