Increased advancement in industrialization, engineering and general commerce has thrown a great challenge to managers. There is increased competitions, and the survival of any company lies on the ability of the managers to apply the scare resources efficiently.
Efficient management of resources call for proper control of inventory and revenue therefore, effective system of costing and good pricing policy are central and pre-requisite for the survival and growth of any organization in the global economic village.
The topic “cost Accounting information and price determination’ is aimed at establishing how adequate accounting information can assist management in making sound pricing decision.
Many business organizations in Nigeria collapsed in the recent past because they could not break-even. In periods of boo, manufactuers are able to show profits notwithstanding the leakages which pass unchecked but in periods of trade competition, concealed inefficiencies have to be tracked down and rigorous control must be exercised to ensure even modest margin of profit, there is not yet an agreed best method of costing products though, it may be helpful to recognize that cost allocations are being used to obtain a mutually acceptable price and not necessarily to portray cause- and effect relationship of cost incurrence. But price determined from efficient traditional income statement approach and /or contribution margin approach will most probably approximate the price of the product to its value.
TABLE OF CONTENTS
TITLE PAGE
CERTIFICATION
DEDICATION
ACKNOLDGEEMENT
LIST OF TABLE
TABLE OF CONTENT
ABSTRACT
CHAPTER ONE
INTRODUCTION
1.1Background of the study
1.2Statement of problem
1.3Objective of study
1.4Research questions
1.5Research hypothesis
1.6Significance of the study
1.7Background of the firm studied
1.8Definition of term
CHAPTER TWO
REVIEW OF RELATED LITERATURE
2.0Costing method
2.1The flow of cost in a manufacturing firm
2.2Other theoretical work on cost and pricing
2.3Limitation of cost oriented pricing
2.4The nature of pricing problem and theories
2.5Cost based pricing theories
2.6Other variable that influence price determination
2.7Pricing to achieve corporate objectives
CHAPTER THREE
RESEARCH METHODOLOGY
3.0Research design
3.1Area of the study
3.2Population of the study
3.3Sampling procedure
3.4Instrument for data collection
3.5Validity of the instrument
3.6Reliability of the instrument
3.7Method of administration of the instrument
3.8Method of data analysis
CHAPTER FOUR
DATA PRESENTATION
4.0Test of hypothesis
4.1Analysis and interpretation of responses
CHAPTER FIVE
DISCUSSION, IMPLICATION, AND RECOMMENDATIONS
5.1Discussion of results
5.2Recommendations
5.3Conclusion
References
Bibliography
COST ACCOUNTING INFORMATION AND PRICE DETERMINATION (A CASE STUDY OF NIGERIAN BREWERIES PLC, ENUGU)
ABSTRACT Increased advancement in industrialization, engineering and general commerce has thrown a great challenge to managers. There is increased competitions, and the survival of any company lies on the ability of the managers to apply the scare resources efficiently. Efficient management of resources call for proper control of inventory and... Continue Reading
ABSTRACT Increased advancement in industrialization, engineering and general commerce has thrown a great challenge to managers. There is increased competitions, and the survival of any company lies on the ability of the managers to apply the scare resources efficiently. Efficient management of resources call for proper control of inventory and... Continue Reading
ABSTRACT The topic “Effectiveness of cost Accounting information in price determination” is looking at cost accounting when adequately treated and its use to the management of the organization in its planning and decision making. The need for cost accounting came with increased industrialization, engineering and expansion in manufacturing. It... Continue Reading
EFFECTIVENESS OF COST ACCOUNTING INFORMATION IN PRICE DETERMINATION A CASE STUDY OF NIGERIA BOTTLING LIMITED (NBL) 9TH MILE CORNER UDI ABSTRACT The topic “Effectiveness of cost Accounting information in price determination is looking at cost Accounting when adequately treated and it use to the management of the organization in its planning and... Continue Reading
COST ACCOUNTING INFORMATION AND PRICE DETERMINATION (A FOCUS ON LIFE BREWERIES LIMITED) ABSTRACT The need for cost accounting came with increased industrialization, engineering an expansion in manufacturing. It is therefore obvious that in efficient system of costing is essential for industrial control. The topic, “Cost Accounting Information... Continue Reading
ABSTRACT This study is designed to provide knowledge for costing information and price determination. The need for cost accounting came with increased industrialization, engineering an expansion in manufacturing. It is therefore obvious that in efficient system of costing is essential for industrial control. In period of boom, manufacturers are... Continue Reading
COST ACCOUNTING INFORMATION AND PRICE DETERMINATION (A FOCUS ON LIFE BREWERIES LIMITED ONISHA) ABSTRACT The need for cost accounting came with increased industrialization, engineering an expansion in manufacturing. It is therefore obvious that in efficient system of costing is essential for industrial control. The topic, “Cost Accounting... Continue Reading
(A FOCUS ON LIFE BREWERIES LIMITED) ABSTRACT The need for cost accounting came with increased industrialization, engineering an expansion in manufacturing. It is therefore obvious that in efficient system of costing is essential for industrial control. The topic, “Cost Accounting... Continue Reading
AN ASSESSMENT OF THE ACCOUNTING SYSTEM IN PRIVATE AND PUBLIC SECTOR ESTABLISHMENT (A CASE STUDY OF NIGERIAN BREWERIES PLC 9th MILE CORNER ENUGU AND FEDERAL MINISTRY OF SOLID MINERALS DEVELOPMENT ENUGU). PROPOSAL Accounting is the process of recording transactions and events for the purpose of proving Information for the good conduct of the... Continue Reading
CHAPTER ONE 1.1 BACKGROUND OF THE STUDY According to Reece, (1975), the accounting profession essentially involves the supply of information to decision makers. Hence, it is not surprise that accountants have always been involved in many information related problems. The need for this involvement is underscored by the avowed... Continue Reading