IMPACT OF COST ACCOUNTING INFORMATION ON PRICE DETERMINATION. A Case study of some Nigerian manufacturing companies

IMPACT OF COST ACCOUNTING INFORMATION ON PRICE DETERMINATION. A Case study of some Nigerian manufacturing companies

 

ABSTRACT

This research study was conducted to determine the impact of cost accounting information on price determination in some manufacturing companies in Nigeria. The objectives of the study were to determine the components of manufacturing cost information and also to identify the lapses therein. Literature review on the topic was aimed at cost determination, cost control concept, cost performance evaluation, direct and indirect cost and fixed/variable cost. Data collected were analysed using frequency table and chi-square. The result of data analysed showed that cost accounting information contribute a lot on price determination of products.