THE RELEVANCE AND APPLICATION OF STANDARD COSTING IN A MANUFACTURING INDUSTRY
(A CASE STUDY OF GEOLIS CABLE LTD NNEWI)
By
OKOYE VIRGINIA NNEKA
Presented To
Department of Accountancy
ABSTRACT
This project is exclusively undertaken to establish the relevant and application of standard costing in a manufacturing industry a case study focused on Geolis cable LTD Nnewi.
The application of standard costing in a manufacturing industry is relevant because it will help to reduce the cost of manufacturing and increase the profitability of the company.
TABLE OF CONTENT
Title page
Approval page
Dedication
Acknowledgement
Abstract
Table of content
CHAPTER ONE
Introduction
1.1 Background of study
1.2 Statement of problem
1.3 Objective of study
1.4 Significance of the study
1.5 Scope and limitation of the study
1.6 Statement of hypothesis
Reference
CHAPTER TWO
Literature review
2.1 Definition and features of standard costing
2.2 The standard cost unit
2.3 The application and element of standard costing
2.4 Setting standard
2.5 The relationship between standard costing and budgeting control
2.6 The relevance of standard costing in a manufacturing industry
Reference
CHAPTER THREE
Summary of finding
3.1 Conclusion
3.2 Recommendation
3.3 Bibliography
Appendix
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