TABLE OF CONTENTS
Title Page i
Certification ii
Dedication iii
Acknowledgement iv
Table of Contents vi
CHAPTER ONE:
1.1 Introduction 1
1.2 The Statement of the Problem 3
1.3 The Objective of the Study 3
1.4 Significance of the Study 4
1.5 Methodology of the Study 4
1.6 Scope and Limitation 4
1.7 Plan of the Study 5
CHAPTER TWO:
2.1 Literature Review 7
2.2 Management Accounting 7
2.3 Type of Accounting 8
2.4 Nature of Manufacturing Concern 12
2.5 Production Control 13
2.6 Material Costing 14
2.7 Labour Costing 17
2.8 Overhead Costing 25
2.9 Cost Reduction Scheme 26
2.10 Value Analysis 28
2.11 Management Accounting Behaviours 29
2.12 Difference between Management Accounting and Financial Accounting. 31
2.13 Full cost Management Accounting 33
2.14 Differential Management Accounting 34
2.15 Responsibility Management Accounting 35
CHAPTER THREE:
3.1 Brief History of Guinness Plc 37
3.2 Type of Management Accounting Information and their Uses 38
3.3 Research and Methodology 40
3.4 Population Sample Plan 40
3.5 Data Collection 41
3.6 Primary Collection 41
3.7 Secondary Collection 41
3.8 Conduct of Field Work 41
CHAPTER FOUR:
4.1 Data Analysis 44
4.2 Hypothesis 51
CHAPTER FIVE:
5.1 Summary 54
5.2 Recommendation 54
5.3 Conclusion 55
References 56
Bibliography 57
Questionnaire 58
CHAPTER ONE
1.1 INTRODUCTION:
Management Accounting is the application of professional knowledge and skill in the preparation and presentation of accounting information, in such a way as to assist management in the formulation of policies and in the planning and control of the operation of the undertaking.
Cost accounting is the application of accounting and costing principles, methods and techniques in the ascertainment of cost and the analysis of saving and /or excesses as compared with previous experience or with standards. It is this link i.e., the subject matter of this project. Costing and costing method supply the basis of factual information on which the management accountant can built up his presentation of planning and control. In this project, I will first look into the following cost items:
a) Expenditure on material, wages, and overhead is recorded, classified and allocated so that the cost of product may be accurately ascertained.
b) This cost may be related to sales values.
c) Profitability may be determined.
The accounting system collates and coordinates all the activities of the organization that is the total cost incurred, by adding the cost incurred in factory floor or overhead cost from other section of the organization used in pre-determined rate. The industry operates through branches or product unit as they are better known, with such products unit reporting to the head quarters.
HASSANAT, A (2021). The Role of Management Accountant in Manufacturing Company {A Case Study of Guinness Nigeria Plc}. Afribary. Retrieved from https://tracking.afribary.com/works/the-role-of-management-accountant-in-manufacturing-company-a-case-study-of-guinness-nigeria-plc-2
HASSANAT, ABDULAHI "The Role of Management Accountant in Manufacturing Company {A Case Study of Guinness Nigeria Plc}" Afribary. Afribary, 17 Dec. 2021, https://tracking.afribary.com/works/the-role-of-management-accountant-in-manufacturing-company-a-case-study-of-guinness-nigeria-plc-2. Accessed 09 Nov. 2024.
HASSANAT, ABDULAHI . "The Role of Management Accountant in Manufacturing Company {A Case Study of Guinness Nigeria Plc}". Afribary, Afribary, 17 Dec. 2021. Web. 09 Nov. 2024. < https://tracking.afribary.com/works/the-role-of-management-accountant-in-manufacturing-company-a-case-study-of-guinness-nigeria-plc-2 >.
HASSANAT, ABDULAHI . "The Role of Management Accountant in Manufacturing Company {A Case Study of Guinness Nigeria Plc}" Afribary (2021). Accessed November 09, 2024. https://tracking.afribary.com/works/the-role-of-management-accountant-in-manufacturing-company-a-case-study-of-guinness-nigeria-plc-2