TABLE OF CONTENT:
Declaration..................................................................................i
Certification................................................................................................ii
Dedication..................................................................................................iii
Acknowledgement........................................................................................iv
TABLE OF CONTENT:
1
LIST OF TABLES
3
LIST OF FIGURES
4
ABSTRACT:
5
CHAPTER ONE:
6
INTRODUCTION
6
I. BACKGROUND
INFORMATION
6
II. STATEMENT OF
PROBLEM AND RESEARCH QUESTIONS
9
III. OBJECTIVES OF
THE STUDY
10
IV. RESEARCH
HYPOTHESES
10
V. SIGNIFICANCE OF
THE STUDY
10
CHAPTER TWO:
11
LITTERATURE REVIEW
11
I. DEFINITION OF
IMPORTANT CONCEPTS
12
A. COST TERMS, CONCEPTS AND
CLASSIFICATION.
12
1. Cost
12
2. Cost Objective or cost object.
13
3. Cost Centre
13
4. Cost allocation and apportionment
13
5. Cost drivers
14
6. Cost classifications
14
COSTS CLASSIFIED ACCORDING TO THEIR NATURE
15
b) COST CLASSIFICATIONS ACCORDING TO THEIR
FUNCTION
18
c) COSTS CLASSIFICATION ACCORDING TO THEIR
BEHAVIOUR
21
II. THEORY OF
COSTING: METHODS AND TECHNIQUES
25
A. COSTING METHODS
25
1. Specific order costing:
26
2. Continuous operation or process
costing:
26
a) Job costing
26
b) Batch costing.
26
c) Process costing.
26
B. COSTING TECHNIQUES
27
1. ABSORPTION COSTING
27
2. VARIABLE COSTING
28
III. PRICING
DECISIONS BASED ON COST INFORMATION
30
1. Pricing objectives
30
a) Survival:
30
b) Profit maximisation
30
c) Turn over maximisation
31
d) Growth maximisation
31
e) Goodwill and image preservation
31
2. Pricing techniques
31
a) Total cost-plus pricing
31
b) Manufacturing cost-plus method
31
c) Decision-relevant cost-plus method
32
Limitations of cost based pricing
32
IV. THE THEORY OF
JOB COSTING
33
V. EMPIRICAL STUDIES
ON JOB COSTING
34
VI. THE MECHANICS OF
JOB COSTING
34
1. Purchases of raw materials
35
2. Issue of raw materials
35
3. Labour costs
35
4. Manufacturing overheads
36
5. Non-manufacturing overhead costs.
37
6. Jobs completed.
37
CHAPTER THREE:
37
METHODOLOGY
37
I.
INTRODUCTION
37
II. BACKGROUND
INFORMATION ON THE STUDY AREA
38
OBJECTIVES OF SOPECAM AT ITS CREATION
39
THE SOURCES OF FUNDS OF SOPECAM
39
STRUCTURE OF SOPECAM
39
III. SAMPLING
PLAN
40
a) Sampling technique
40
b) Data collection
40
c) Variables of the study:
40
d) Data analysis
40
e) Model specification
40
CHAPTER FOUR:
42
PRESENTATION AND ANALYSIS OF THE RESULTS
42
I.
INTRODUCTION
42
II. SOPECAM'S COST
STRUCTURE
43
III. DETERMINATION
OF THE UNIT COST
48
A. ABSORPTION COSTING
48
B. MARGINAL COSTING
55
VII. ANALYSIS OF THE
DATA
63
CHAPTER FIVE:
66
SUMMARY OF FINDINGS, CONCLUSION AND
RECOMMENDATIONS
66
I. SUMMARY OF FINDINGS
66
II.
CONLUSIONS
66
III.
RECOMMENDATIONS
69
IV. LIMITATIONS OF
THE STUDY
70
V. PROPOSITIONS FOR
FURTHER STUDIES
70
BIBLIOGRAPHY
71
| 
