THE IMPORTANCE OF COST ACCOUNTING SYSTEM IN MANUFACTURING INDUSTRIES IN NIGERIA ( A CASE STUDY OF EMZOR, ENUGU)

Cost


TABLE OF CONTENT

Title page
Declaration
Approval page
Acknowledgement
Abstract.

Chapter one

Introduction

Statement of general problem
Objective of the study
Statement of Hypothesis
Significance of the study
Limitation of the study
An overview of the organization

Chapter two

Literature review

Definition of cost accounting
Standard costi introduction
Variance analysis and classification
Budget and budgetary control
Marginal cost
Break even point analysis

Chapter three

Research methodology

Interview
Population and sample size
Sampling technique
Personal observation
Justification of choice

Chapter four

Data analysis and presentation

Costi accounting department
Financial department
Production department
Output come of hypothesis

Chapter five

Summary, findings, conclusion and recommendationSummary
Findings
Conclusion
Recommendation
Appendix
Bibliography
Reference

INTRODUCTION 
Costi accounting is considered as the managerial planning and control activities furnishing management with the necessary accounting tools to plan, control and evaluate operation. The term cost accounting as however published by the institute of costi and management accountant is define as “the application of costing and cosit accounting principles, methods and techniques to the science art and practice of costi control and the ascertainment of profit”. It includes the presentation of information derived for the purpose of management decision making.
The basic difference between a merchandized business and a manufacture is that merchant purchases merchandise in a ready – to sell condition whereas the manufacturer produce the good it sells. In a merchandising business the costi of goods available for sale is based upon the cost of purchase in a manufacturing business on the other hand the costi of manufacturing the finished goods, as a result of this, there is the needs for every manufacturing business to be cost conscious in the course of manufacturing goods.