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MARGINAL COSTING TECHNIQUES: IT’S EFFECTIVENESS AS MANAGERIAL TOOL FOR PROFIT PLANNING AND DECISION-MAKING IN MANUFACTURING COMPANIES. (A Case Study of Selected Manufacturing Company in Ilorin, Kwara State.

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Download the complete accounting project topic and material (chapter 1-5) titled MARGINAL COSTING TECHNIQUES: IT’S EFFECTIVENESS AS MANAGERIAL TOOL FOR PROFIT PLANNING AND DECISION-MAKING IN MANUFACTURING COMPANIES. See below for the abstract, table of contents, list of figures, list of tables, list of appendices, list of abbreviations and chapter one. Click the DOWNLOAD NOW button to get the complete project work instantly.

 

PROJECT TOPIC AND MATERIAL ON MARGINAL COSTING TECHNIQUES: IT’S EFFECTIVENESS AS MANAGERIAL TOOL FOR PROFIT PLANNING AND DECISION-MAKING IN MANUFACTURING COMPANIES

The Project File Details

  • Name: MARGINAL COSTING TECHNIQUES: IT’S EFFECTIVENESS AS MANAGERIAL TOOL FOR PROFIT PLANNING AND DECISION-MAKING IN MANUFACTURING COMPANIES
  • Type: PDF and MS Word (DOC)
  • Size: 141KB
  • Length: 102 Pages

 

TABLE OF CONTENT

Title Page

Certification

Dedication

Acknowledgement

Table of Content

Abstract

CHAPTER ONE: INTRODUCTION

  • Introduction
  • Background of the Study
  • Statement of Research
  • Justification of the Study
  • Objective of the Study
  • Statement of Hypothesis
  • Scope of the Study
  • Definition of Term
  • Plan of the Study

CHAPTER TWO: LITERATURE REVIEW

2.1 Introduction

2.1.1 Stock Valuation and Operating Under Marginal Costing

2.1.2 The Difference between Marginal Costing and Other Related Concept. Absorption Costing.

2.2 Development of the Basic technique Used in Marginal Costing Approach

2.2.2 Integration of Cost Accounting and Financial Accounting

2.3 Cost Volume-Profit (C.V.P) Analysis; An application of marginal Costing.

2.3.1 Approaches To Cost-Volume Profit Analysis

2.3.2.1 Equation/Mathematical Approach

2.3.2.2 Contribution Margin/Unit Approach

2.3.2.3 Contribution Margin for the Approach

2.3.2.4 Graphical Approach

2.3.3 Criticism and Limitation of Cost-Volume Profit Analysis

2.3.4 Importance and Application of Cost Volume Profit Analysis

2.4 Conclusion

CHAPTER THREE: RESEARCH METHODOLOGY

3.1 Introduction

3.2 Research design

3.3 Population of the study

3.4 Source of Data

3.5 Sampling Method

3.6 Data Collection

3.7 Data Analysis Procedures

CHAPTER FOUR: ANALYSIS AND INTERPRETATION OF DATA

4.1 Introduction

4.2 Regression Analysis

4.2.1 International Tobacco Company Plc; Manufacturing Cost Progression Analysis

4.2.2 (a) International Tobacco Company Plc; Operating Profit Progression Analysis

4.2.3 (b) 7up Bottling Company, Ilorin Operating Profit Regression Analysis.

4.3 Test of Hypothesis and Interpretation of Result

4.3.1 Hypothesis One

4.3.2 Hypothesis Two

4.4 Summary of the Result Finding

CHAPTER FIVE: SUMMARY, CONCLUSION AND POLICY RECOMMENDATION

5.1 Introduction

5.2 Summary

5.3 Conclusion

5.4 Recommendation

References

       Appendix

 

 

ABSTRACT

All over the world, business are set up ultimately to make and maximize profit. Effective planning is sino-qua-non to the attainment of this objective. Since profit is the “Life Wire” of any organization, it becomes expedient that such profits be planned for and by doing, decisions capable of affecting the long term efficiency of the business are made.

This study is carried out to test the effectiveness of marginal costing techniques as a management tool for profit planning and decision making in manufacturing companies. Two hypothesis were tested on the effectiveness or otherwise of marginal costing technique and the relationship between three significant valuable (cost, volume and profit) in profit planning and decision making

The finding of the analysis carried out suggested that marginal costing is a vital tool in the area of profit) planning and solid decision making.

However, marginal costing technique is not totally independent and therefore should not isolated from other techniques. The combination of the techniques with other powerful techniques such as budgetary system, overhead absorption costing e.t.c. will produce a better result.

Finally, for marginal costing techniques to serve its purpose there are a number of limiting assumption upon which it is based and these must be fully recognized.

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