Nigerian Brewery Plc Cvp
PROJECT PROPOSAL
The research investigation will be focused on the use of cost-volume-profit analysis as a management tool for decision making using Nigerian Breweries Plc as a case study. Cost-Volume-Profit (CVP) analysis narrowly called break-even analysis, is the application of marginal costing and seeks to study the relationship between costs, volume and profits at differing activity levels and can be a useful guide for short-term planning and decision making. There are series of relationship between costs, volume of production and profit. An understanding of these relationship are useful to management. Cost-volume-profit relationship as a decision making device that considers the inherent relationship between cost, volume of production and the profit that is made. This research study is divided into five chapters. Chapter one is introduction which includes background of the study, statement of the problem, objectives of the study, significance of the study, research questions, hypothesis, scope and limitation of the study and definition of terms. Chapter two deals with review of related literatures on cost-volume-profit analysis as a management tool for decision making. Chapter three deals with research design and methodology. Chapter four involves presentation, analysis and interpretation of data and finally chapter five will entail summary of findings, conclusion and recommendations as well as Bibliography.
TABLE OF CONTENTS
Title page
Dedication
Acknowledgement
Abstract
Table of contents
CHAPTER ONE 1. Introduction
1.1 Background of study 2. Statement of the problem 3. Objectives of the study 4. Significance of the study 5. Research Questions 6. Research Hypothesis 7. Scope and Limitation of the study 8. Definition of terms
CHAPTER TWO 2. Literature Review
2.1 An Overview of Cost-Volume-Profit Analysis 2. Cost-Volume-Profit Limitations
3. Break-Even
The research investigation will be focused on the use of cost-volume-profit analysis as a management tool for decision making using Nigerian Breweries Plc as a case study. Cost-Volume-Profit (CVP) analysis narrowly called break-even analysis, is the application of marginal costing and seeks to study the relationship between costs, volume and profits at differing activity levels and can be a useful guide for short-term planning and decision making. There are series of relationship between costs, volume of production and profit. An understanding of these relationship are useful to management. Cost-volume-profit relationship as a decision making device that considers the inherent relationship between cost, volume of production and the profit that is made. This research study is divided into five chapters. Chapter one is introduction which includes background of the study, statement of the problem, objectives of the study, significance of the study, research questions, hypothesis, scope and limitation of the study and definition of terms. Chapter two deals with review of related literatures on cost-volume-profit analysis as a management tool for decision making. Chapter three deals with research design and methodology. Chapter four involves presentation, analysis and interpretation of data and finally chapter five will entail summary of findings, conclusion and recommendations as well as Bibliography.
TABLE OF CONTENTS
Title page
Dedication
Acknowledgement
Abstract
Table of contents
CHAPTER ONE 1. Introduction
1.1 Background of study 2. Statement of the problem 3. Objectives of the study 4. Significance of the study 5. Research Questions 6. Research Hypothesis 7. Scope and Limitation of the study 8. Definition of terms
CHAPTER TWO 2. Literature Review
2.1 An Overview of Cost-Volume-Profit Analysis 2. Cost-Volume-Profit Limitations
3. Break-Even
Bibliography: 8. DEFINITION OF TERMS: COST: Nweze (2000) defined cost as “a measurement in monetary terms, of the amount of resources used for specific purpose. PROFIT PLANNING: According to Orjih (2000), “profit planning refers to the operating decisions in the areas of pricing costs, volume of output and the firm’s selection of product line”. COST CONTROL: Strahlem (1977) defined cost control as “the regulation, limitation or confinement of cost”. DECISION MAKING: Barfied et al (1994) defined decision making as “the process of choosing among the alternative solutions available to a course of action or a problem situation.