ATTENTION:
BEFORE YOU READ THE ABSTRACT OR CHAPTER ONE OF THE PROJECT TOPIC BELOW, PLEASE READ THE INFORMATION BELOW.THANK YOU!
INFORMATION:
YOU CAN GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL PROJECT COSTS N5,000 ONLY. THE FULL INFORMATION ON HOW TO PAY AND GET THE COMPLETE PROJECT IS AT THE BOTTOM OF THIS PAGE. OR YOU CAN CALL: 08068231953, 08168759420
WHATSAPP US ON 08137701720
STANDARD COSTING AND PROFITABILITY OF MANUFACTURING COMPANY (A CASE STUDY OF CHAMPION BREWERIES PLC.)
TABLE OF CONTENTS
PAGE
Title Page – – – – – – – – i
Certification – – – – – – – – – ii
Dedication – – – – – – – – – iii
Acknowledgements – – – – – – – iv
Table of Contents – – – – – – – v-viii
List of Table – – – – – – – ix
Abstract – – – – – – – – – x
CHAPTER ONE: INTRODUCTION
Background of the Study – – – – – 1-4
Statement of the Problem – – – – – 4-5
Objectives of the Study – – – – – 6
Research Questions – – – – – – 6-7
Significance of the Study – – – – – 7-8
Scope and Limitations of the Study – – – 8
Organization of the Study – – – – – 8-9
Definition of Terms – – – – – – 9-11
CHAPTER TWO
LITERATURE REVIEW
2.1 Introduction – – – – – – – 12
2.2 Concept, Definition and Meaning of Standard Costing 12-14
2.2.1 Objectives of Standard Costing – – – – 14
2.3 Features of Standard Costing – – – – 15
2.3.1 Types of Standard – – – – – – 15-16
2.3.2 Setting Standards – – – – – – 16-17
2.3.3 Standard Cost Card – – – – – – 17-18
2.3.4 Accounting Variances – – – – – – 18-19
2.3.5 Variance Analysis – – – – – – 19-20
2.4 Advantages and Disadvantages of Standard Costing – 20-23
2.5 Concept of Profitability – – – – – 23-24
2.6 Profit and Profitability – – – – – – 24-25
2.7 Measurement of Profit – – – – – – 26-27
2.8 Areas where Standard Costing Improve Profitability 27
2.8.1 Cost Reduction and Cost Control – – – – 27
2.8.2 Pricing – – – – – – – – 28
2.8.3 Inventory Valuation – – – – – – 28
2.8.4 Cost Estimation – – – – – – – 28
2.8.5 Business Planning – – – – – – 29
2.9 Limitations of Standard Costing Technique – – 29
End Notes
CHAPTER THREE
RESEARCH METHODOLOGY
3.1 Introduction – – – – – – – 31
3.2 Re-Statement of Research Questions – – – – 31
3.3 Design of the Study – – – – – – 32
3.4 Area of Study – – – – – – – 32
3.5 Population of the Study – – – – – 32
3.6 Sample Size and Sampling Technique – – – 33
3.7 Instrument and Method for Data Collection – – 34
3.8 Method of Data Analysis – – – – – 34
CHAPTER FOUR
DATA PRESENTATION, ANALYSIS AND INTERPRETATION
4.1 Introduction – – – – – – – 35
4.2 Data Presentation – – – – – – 35-44
CHAPTER FIVE
SUMMARY, RECOMMENDATIONS AND CONCLUSION
5.1 Introduction – – – – – – – 45
5.2 Findings – – – – – – – – 45
5.3 Conclusion – – – – – – – – 46
5.4 Recommendations – – – – – – 46-47
References
Appendix
ABSTRACT
The purpose of this study was to discover if the application of standard costing techniques have any effect on profitability, and also to determine whether standard costing technique and principles are being adopted and practiced in Nigerian manufacturing company (Champion Breweries, Uyo, Akwa Ibom State). The design of this study is descriptive and exploratory research survey and the study was conducted at Champion Breweries Uyo. Descriptive statistic involving simple frequency and percentage was used to analyze the data. The findings revealed that the application of standard costing technique are being adopted and practiced in the company. That the company benefit in a significant way through the use of standard costing especially in the improvement of profitability. The researcher comes to a conclusion that standard costing enhances adequate planning. That application of standard costing aids manufacturing company in the elimination of unprofitable products, provision of costing information and cost control. It was recommended that manufacturing company should set up cost centres.a
HOW TO RECEIVE PROJECT MATERIAL(S)
After paying the appropriate amount (#5,000) into our bank Account below, send the following information to
08068231953 or 08168759420
(1) Your project topics
(2) Email Address
(3) Payment Name
(4) Teller Number
We will send your material(s) after we receive bank alert
BANK ACCOUNTS
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 0046579864
Bank: GTBank.
OR
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 3139283609
Bank: FIRST BANK
FOR MORE INFORMATION, CALL:
08068231953 or 08168759420