ABSTRACT

The research project work examines the impact of cost accounting in a manufacturing organisation.  For any manufacturing organisation to survive quality cost control measure must be put in place. The study reviewed the works of auditors on the subject matter primary and secondary data were used for study.  The simple average percentage was the statistical tool that was used to analyze the data that was gathered for the study.  The study observed that through costing techniques, competitive price can be fixed for the business.  The study recommended among other things that costing possess should be reviewed from time so that organisational goals can be achieved effectively and efficiently.

TABLE OF CONTENTS

Title page i

Certification ii

Dedication iii

Acknowledgement iv

Abstract v

Table of content vi

CHAPTER ONE: Introduction

1.1 Background of the study 1

1.2 Statement of the problem 3

1.3 Objective of the study 3

1.4 Research question 4

1.5 Justification of the study 5

1.6 Scope of the study 5

1.7 Limitation of the study 5

1.8  Research Methodology 6

1.9 Plan of the Study 6

1.10 Definition of terms 6

CHAPTER TWO: LITERATURES REVIEW

2.1 Introduction 9

2.2 The Impact of Cost Accounting in a Manufacturing Organisation 9

2.3 Costing System and Cost Control 11

2.4 Cost Control Application 12

2.5 Steps in Cost Control 13

2.6 Merit of Cost Control 13

2.7 Problems/Constraints Faced by Entrepreneurs/Managers for 

Applying Cost Accounting 14

2.8 Definition of Cost Accounting 17

2.9 Costing Techniques and Method 19

2.10The Importance of Cost Accounting System and Techniques 20

2.11 Specific Order Costing 21

2.12 Operational Costing 22

2.13 Super Imposed Techniques and Principles 23

2.14 Classification of Cost 26

2.15 Classification by Nature 26

2.15 The Scope of Cost Accounting 29

2.16 Financial Accounting Vs Cost Accounting 31

2.17 Application of Cost Accounting 32

2.18 The Role of Cost Accounting 33

2.19 Purpose of Cost Accounting 33

CHAPTER THREE: RESEARCH METHODOLOGY

3.0 Introduction 35

3.1 Research Design 35

3.2 Population of the Study 35

3.3 Sample Size/Sampling Technique 35

3.4 Method of data collection 35

3.5 Questionnaire Service 36

3.6 Validity of Instrument 36

3.7 Method of Data Analysis 36

CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS

4.1 Introduction 37

4.2 Data presentation and Analysis 37

CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATION

5.1 Summary of Findings 49

5.2 Conclusion 50

5.3 Recommendation 50

5.4 Suggestion for further study 51

Reference 52

Appendix I (Research Questionnaire) 53