Standard Costing As An Aid To Management Planning And Control (A Case Study Of Nigeria Breweries, Aba)

ABSTRACT

 The study investigated the effect of standard costing on management planning and control, The major objectives of the study are to determine f the application of standard costing techniques has any effect on the quality of management planning and control of manufacturing companies and to examine the relationship between standard costing and efficiency in management planning and control. To achieve the objectives of the study, survey research design was adopted. The researcher adopted primary and secondary data in getting the required information. In testing the hypothesis Analysis of Variance was used. The findings in chapter four reviewed that the application of standard .costing techniques has significant effect on management Planning and control of manufacturing companies. The findings also reviewed that there is a sign fIcant relationship between standard costing and efficiency in management planning and control in manufacturing companies. Researcher recommends that the company should provide a cost unit to take the responsibility of standard costing. The findings also reviewed that the cost unit should exclusively be responsible for providing standard costing information in the company.