EFFECTIVENESS OF COST ACCOUNTING INFORMATION IN PRICE DETERMINATION

Cost is an estimation of all expenditure incurred in the exchange of goods & services. Therefore will wee cost accounting. So cost accounting is systematic analysis and recording of financial transactions in respect of material. Are these in any help in the determination of price? The aim of this research work is to find out the effectiveness of cost accounting information in price determination, how to regulate and fixed price in any existing goods. This work has only three chapters. Chapter one contains an introduction and discussion of cost accounting by different categories of people. It proceeds further to state the objective of the study, scope, and limitation, significant of the study, statement problems and finally the definition of terms. The literature review examined by other studies as it related to the effectiveness of cost accounting information in proves determination. Like cost determination cost control, fixed and variable cost, the flow of costing divable venture. Determination of processing system etc. is in chapter two. Finally, the summary of findings, conclusion, and recommendation made by the researcher are all in chapter three. If the industries put the recommendation made in the study to use, there will know how to regulate and fixed price for profit maximization.