ABSTRACT

In this work, efforts were made to know how the inefficient application of cost accounting will affect the whole organization, performance using Nigeria Breweries (NB) PLC as a case study. Data collected through the use of personal interviews and questionnaires administered to the staff of the company were compiled and analyzed in tables using percentage which will be easily understood by the user so as to enable them appreciate its significance. The following were made 1. the cost accounting information provides for managers to work with is inadequate. 2. there were inaccuracy of recording transaction. 3. the cost accounting section is neither adequately and efficiently applied. 4. service department inefficiency in handling the costs incurred by service departments, the cost these departments incur as part of the total manufacturing costs are not efficiently and adequately charged to the processing departments. It was recommended that the organization should make sure that. a. There are cost accounting information provided for managers to work with. b. Data should be recorded accurately c. A good Cost accounting techniques or a combination of such should be applied adequately, and the costing section / department has to be fully equipped and staffed to operate the costing system. d. Cost incurred by service departments should be appropriately charged to the production to build up total costs.