Effect Of Standard Costing On Profitability Of A Manufacturing Companies (A Study Of Nigerian Breweries Plc)

Michael Okpara University | 94 pages (12752 words) | Projects
Accounting | Co Authors: EWULONU JULIA OLUCHI

ABSTRACT

No company that can thrive without finance and profit is one of the objectives if not the main, where most of the company's focus on. This study was to discover if standard costing has any effect on the profitability of manufacturing companies using Nigeria Breweries PLC as case study. The problem purpose and significance of the study were considered. From these research questions were pulled. These questions generated objectives from which hypothesis were formulated. There was also the necessity to carry out a review of related literatures. The study made use of responses from distributed questionnaire which served as primary data for the study. Statistical tools such as frequency and percentage were used to analyze the data collected. The chi-square statistics tools were used to test the hypothesis. A careful analysis and test of data collected revealed that there was really an effect of standard costing on the profitability of manufacturing companies. Notwithstanding, the researcher has to make recommendations and these include that companies should provide cost units to take responsibility of standard costing and that adherence to standard costing information should be practiced by top management.

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APA

MICHAEL, U (2021). Effect Of Standard Costing On Profitability Of A Manufacturing Companies (A Study Of Nigerian Breweries Plc). Mouau.afribary.org: Retrieved Nov 02, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-standard-costing-on-profitability-of-a-manufacturing-companies-a-study-of-nigerian-breweries-plc-7-2

MLA 8th

UNIVERSITY, MICHAEL. "Effect Of Standard Costing On Profitability Of A Manufacturing Companies (A Study Of Nigerian Breweries Plc)" Mouau.afribary.org. Mouau.afribary.org, 19 Jul. 2021, https://repository.mouau.edu.ng/work/view/effect-of-standard-costing-on-profitability-of-a-manufacturing-companies-a-study-of-nigerian-breweries-plc-7-2. Accessed 02 Nov. 2024.

MLA7

UNIVERSITY, MICHAEL. "Effect Of Standard Costing On Profitability Of A Manufacturing Companies (A Study Of Nigerian Breweries Plc)". Mouau.afribary.org, Mouau.afribary.org, 19 Jul. 2021. Web. 02 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-standard-costing-on-profitability-of-a-manufacturing-companies-a-study-of-nigerian-breweries-plc-7-2 >.

Chicago

UNIVERSITY, MICHAEL. "Effect Of Standard Costing On Profitability Of A Manufacturing Companies (A Study Of Nigerian Breweries Plc)" Mouau.afribary.org (2021). Accessed 02 Nov. 2024. https://repository.mouau.edu.ng/work/view/effect-of-standard-costing-on-profitability-of-a-manufacturing-companies-a-study-of-nigerian-breweries-plc-7-2

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