ABSTRACT
The main objective of the study is to examine the effect of indirect cost on the financial performance of firms in Nigeria. This study adopts ex-post facto research design which involves the ascertaining of the impact of past factors on the present happening or event and the research work adopts the secondary source of data in obtaining all the data needed for the study. The descriptive statistics is used to summarize the collected data in a clear and understandable way using numerical approach. The multiple regression technique using ordinary least square regression (OLS) method is adopted in investigating the relationship between the dependent and independent variables. In line with the first specific objective which was set to examine the effect of cost of rent on the profitability of listed firms in Nigeria, hypothesis was tested and the result revealed that cost of rent has no significant effect on the profitability of listed firms in Nigeria. In conclusion, we can see that cost of rent has a positive insignificant effect on the profitability of listed brewery firms in Nigeria and that salaries & wage has a negative significant effect on the profitability of listed brewery firms in Nigeria. I therefore recommend that listed firms in Nigeria should incorporate a cost reduction policy that enables cost efficiency and effectiveness these will enhance the profitability of the firms.
TABLE OF CONTENT
Title page i
Declaration ii
Certification iii
Dedication iv
Acknowledgements v
Table of Contents vi
Abstract ix
CHAPTER ONE: INTODUCTION
1.1
Background to the study
1
1.2
Statement of the problem
2
1.3
Objective of the study
3
1.4
Research question
4
1.5
Research hypothesis
4
1.6
Significance of the study
4
1.7
Scope of the study
5
1.8
Limitations of the study
5
CHAPTER TWO: REVIEW OF RELATED
LITERATURE
2.1
Conceptual Framework 7
2.1.1
Concept of indirect cost
8
2.1.2
Cost of classification
10
2.1.3
Cost behavior
12
2.1.4
Costing systems and costing methods
16
2.2
Theoretical Framework
18
2.2.1
Kaizen costing theory
18
2.2.2
The trade-off theory
19
2.3
Empirical review
19
CHAPTER THREE: RESEARCH METHODOLOGY
3.1
Research design
26
3.2
Population of the study
27
3.3
Sample size and sampling technique
27
3.4
Source of data
27
3.5
Data analysis technique
27
3.6
Definition of Variables
28
3.6.1
Independent variable
28
3.6.2
Dependent variable
28
3.7
Model specification
28
3.8
Limitation of the methodology
29
CHAPTER FOUR: DATA PRESENTATION AND
ANALYSIS
4.1
Data presentation
30
4.2
DATA ANALYSIS
30
4.2.1
Data validity test
30
4.2.2
Descriptive statistics
31
4.2.3
Regression of the estimated model summary
32
4.2.4
Regression results
34
4.2.5
Test for research hypotheses
35
4.2.5.1
Test for research hypothesis one
35
4.2.5.2
Test for research hypothesis two
35
4.2.5.3
Test for research hypothesis three
35
4.3
Discussion of findings 36
CHAPTER FIVE: SUMMARY, CONCLUSION
AND RECOMMENDATION
5.1
Summary of findings
38
5.2
Conclusions
38
5.3
Recommendations
39
5.4
Limitations of the study
39
5.5
Suggestions for further research
40
References
43
Appendices
AGWU, K (2021). Effect Of Indirect Cost On The Financial Performance Of Firms In Nigeria. Mouau.afribary.org: Retrieved Oct 31, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-indirect-cost-on-the-financial-performance-of-firms-in-nigeria-7-2
KALU, AGWU. "Effect Of Indirect Cost On The Financial Performance Of Firms In Nigeria" Mouau.afribary.org. Mouau.afribary.org, 19 May. 2021, https://repository.mouau.edu.ng/work/view/effect-of-indirect-cost-on-the-financial-performance-of-firms-in-nigeria-7-2. Accessed 31 Oct. 2024.
KALU, AGWU. "Effect Of Indirect Cost On The Financial Performance Of Firms In Nigeria". Mouau.afribary.org, Mouau.afribary.org, 19 May. 2021. Web. 31 Oct. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-indirect-cost-on-the-financial-performance-of-firms-in-nigeria-7-2 >.
KALU, AGWU. "Effect Of Indirect Cost On The Financial Performance Of Firms In Nigeria" Mouau.afribary.org (2021). Accessed 31 Oct. 2024. https://repository.mouau.edu.ng/work/view/effect-of-indirect-cost-on-the-financial-performance-of-firms-in-nigeria-7-2