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 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, manufacturers 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.
LIST OF TABLES
2.0.1A simple cost statement showing profit
2.0.2A summary of cost in the brewing house
2.0.3A summary of cost in the celiar
2.0.4A summary of cost in the Filtration
2.0.5A summary of cost in the Bottling center
2.0.6A summary of cost in engineering cost center
2.0.7Total cost for production department
3.0.1Estimated cost of brewing star lager bee
4.0.1The pricing policy of the company personnel
4.0.2The Relationship between marginal costing and costing method
4.0.3Cost method adopted
4.0.4Application to full absorption costing
4.0.5Other considerable factors
4.0.6Effect of competitors price of bee
4.0.7Basis of pricing decision
4.0.8Effect of government legislation on their pricing policy
4.0.9Fixed or Determined selling price of the products
4.1.0 Effect of market forces on pricing decision
4.1.1 Contingency table (function of costing information).
TABLE OF CONTENTS
Title page
Certification
Dedication
Acknowledgement
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
2.1Costing method
2.2The flow of cost in a manufacturing firm
2.3Other theoretical work on cost and pricing
2.4Limitation of cost oriented pricing
2.5The nature of pricing problem and theories
2.6Cost based pricing theories
2.7Other variable that influence price determination
2.8Pricing to achieve corporate objectives
CHAPTER THREE
RESEARCH METHODOLOGY
3.1Research design
3.2Area of the study
3.3Population of the study
3.4Sampling procedure
3.5Instrument for data collection
3.6Validity of the instrument
3.7Reliability of the instrument
3.8Method of administration of the instrument
3.9Method of data analysis
CHAPTER FOUR
DATA PRESENTATION
4.1Test of hypothesis
4.2Analysis and interpretation of responses
CHAPTER FIVE
DISCUSSION, IMPLICATION, AND RECOMMENDATIONS
5.1Discussion of results
5.2Recommendations
5.3Conclusion
References
Bibliography