EFFECTIVE APPLICATION OF BREAKEVEN ANALYSIS IN MANAGEMENTS FIRMS

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ABSTRACT

This research work is an appraisal of the “EFFECTIVE APPLICATION OF BREAKEVE ANALYSIS IN MANUFACTURING FIRMS”

This work is firmly directed towards, the need and usage of breakeven analysis by managers and accountants in manufacturing firms. Breakeven analysis is a management tool that could be used in making vital decisions when a firms is faced with problems having lost, volume and profit implication However, breakeven analysis can be a valuable and reliable decision making tool if it is exhaustively conducted and applied.

Based on the findings, some recommendation on two to revert the situation towards effective application were made which include:

That seminar, symposia and workshops on application breakeven analysis should be organized by bodies like the Institute of Chartered Accountants of Nigeria (ICAN), Nigeria Institute of Social Economic Researcher (NISER) Nigerian Institute of Management.

That the Institute of Chartered Accountants of Nigeria should start the publication of a new professional journals in Nigeria devoted solely to the development of the theory and application of management accounting principles and techniques.

Hence, we therefore conduce that if the above mentioned recommendations are understood, accepted and implemented. Our manufacturing firms will be able to make better cost-volume-profits decisions, which will result is increased efficiency of the manufacting sector or industry.

TABLE OF CONTENTS

Title page

Approval page

Dedication

Acknowledgement

Abstract

Table of content

CHAPTER ONE

1.0Introduction

1.1Objective/ purpose of the study

1.2Significances of the Study

1.3Scope of the Study

1.4Limitation of the Study

1.5Definition of Terms.

CHAPTER TWO

2.0Definition

2.1Functions

2.2Ways of Regulations

CHAPTER THREE

3.0Summary of Findings

3.1Conclusion

3.2Recommendation

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EFFECTIVE APPLICATION OF BREAKEVEN ANALYSIS IN MANAGEMENTS FIRMS

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