EFFECTIVENESS OF COST ACCOUNTING INFORMATION IN PRICE DETERMINATION A CASE STUDY OF PHINOMAR NIGERIA LIMITED ENUGU

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 is therefore obvious that an efficient system of costing system is essential for industrial control.

In period of boon, manufacturers are able show profit not with standing the leakages which pass unchecked, but in period of trade competition concealed inefficiencies have to be backed down and vigorous control must be exercise to ensure even modest main of profit.

There is not yet an agreed best method of costing products though it may be helpful to recognize that cost allocation are being used to obtain a mutually acceptable price and necessary to portray cause effect relationship of cost incidence.  

But price determination form under efficient operation through efficient costing system will most problem approximate the price of the product to its value.
 
LIST OF TABLE
(1)Analysis of Result
(2)Questionnaires Distributed to Various Department and their Responses.
(3)To know the Department in Phinmmar Nigeria limited Enugu.
(4)To know if Phinomar Nigeria limited have an east accounting unit.
(5)To know whether they have a qualified cost accountant.
(6)If they keep cost accounting records
(7)To know if they use cost accounting information in price determination
(8)To know if form do pay exercise duty on goods manufactured.
(9)To know if the form summarize their cost in poultry house
(10)To know the standard quantity of sorghum and hope used in the production of one crate of eggs 
(11)To know if the cost insured during promotion affects directly on the unit price of their product.
(12)To know the kilowatts of electricity attributed to a crate of eggs in engineering cost center.
(13)To know if the turn prepare cost statement
(14)To know the method used in preparing cost statement.
(15)If they know that absence of cost accounting information affect the quantity of their product
 
TABLE OF CONTENT
Title page
Approve page/ certification-----
Dedication--------
Acknowledgement-------
List of tables--------

CHAPTER ONE
INTRODUCTION
1.1Statement of problem-----
1.2Research questions------
1.3Research Hypothesis------
1.4Purpose of study------
1.5Significant of the study------
1.6Scope of the study------
1.7Definition of terms------

CHAPTER TWO
2.1Literature Review------
2.2Cost Determination------
2.3Fixed and Variable cost-----
2.4Natural and Function Classification
of costs--------
2.5The Flow of cost in Poultry----
2.6Transfer of finished of finished Good in
poultry firm-------
2.7Determining the cost structure of A form for 
Pricing purposes------
2.8Other  theoretical work or cost and pricing-
2.9The Nature of Pricing Problem----
2.10Summary of Literature Review----

CHAPTER THREE
3.1Research Methodology-----
3.2Research Design------
3.3Area of the Study------
3.4Population for the Study-----
3.5Instrument for data collection----
3.6Validity of Instrument-----
3.7Reliability of Instrument-----
3.8Method of Data Collection----
3.9Method of Data Analysis-----

CHAPTER FOUR
4.1Questionnaire Distribution to Various 
Department and their response----
4.2Response to Questions-----
4.3Summary of Findings-----

CHAPTER FIVE:
DISCUSSION SUMMARY AND CONCLUSION
5.1Discussion of Findings-----
5.2Summary of the Findings-----
5.3Recommendation------
5.4Limitation of the study-----
5.5Suggestion for further study----
5.6Conclusion-------
Reference-------
Appendices-------
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APA

Kings, S. (2018). EFFECTIVENESS OF COST ACCOUNTING INFORMATION IN PRICE DETERMINATION A CASE STUDY OF PHINOMAR NIGERIA LIMITED ENUGU. Afribary. Retrieved from https://afribary.com/works/effectiveness-of-cost-accounting-information-in-price-determination-a-case-study-of-phinomar-nigeria-limited-enugu-36

MLA 8th

Kings, Solomon "EFFECTIVENESS OF COST ACCOUNTING INFORMATION IN PRICE DETERMINATION A CASE STUDY OF PHINOMAR NIGERIA LIMITED ENUGU" Afribary. Afribary, 29 Jan. 2018, https://afribary.com/works/effectiveness-of-cost-accounting-information-in-price-determination-a-case-study-of-phinomar-nigeria-limited-enugu-36. Accessed 24 May. 2024.

MLA7

Kings, Solomon . "EFFECTIVENESS OF COST ACCOUNTING INFORMATION IN PRICE DETERMINATION A CASE STUDY OF PHINOMAR NIGERIA LIMITED ENUGU". Afribary, Afribary, 29 Jan. 2018. Web. 24 May. 2024. < https://afribary.com/works/effectiveness-of-cost-accounting-information-in-price-determination-a-case-study-of-phinomar-nigeria-limited-enugu-36 >.

Chicago

Kings, Solomon . "EFFECTIVENESS OF COST ACCOUNTING INFORMATION IN PRICE DETERMINATION A CASE STUDY OF PHINOMAR NIGERIA LIMITED ENUGU" Afribary (2018). Accessed May 24, 2024. https://afribary.com/works/effectiveness-of-cost-accounting-information-in-price-determination-a-case-study-of-phinomar-nigeria-limited-enugu-36

Document Details
Field: Accounting Type: Project 124 PAGES (12149 WORDS) (doc)