PRACTICE OF STANDARD COSTING AND BUDGETARY CONTROL SYSTEM IN THE MANUFACTURING FIRM

The problems in THE PRACTICE OF STANDARD COSTING AND BUDGETARY CONTROL SYSTEM IN THE MANUFACTURING FIRM,. A CASE STUDY OF FLOURIER NIG border on how the cost associated with production can be minimized without reducing standard in the product manufactured or serviced rendered by the organization. The standard costing and budgetary control issue has bothered manufacturing firms in Nigeria over the years. The decision regarding to this rests with management. The study is aimed understanding how flour Nig. Plc practice their Sandra costing and budgetary control with a view to offering some suqqestians on how they can become more efficient. The research project is divided into five chapters: Chapter one covers the statement of problem, the purpose of the study the research question and the statement of hypothesis. Other that are to be discussed include the scope, the significance the organization of the study and the limitations. Chapter two covers the literature review of the subject. In the discussion, the such subheads treated are the origin, the nature and objectives and meaning of standard costing, variance analysis budgeting controls, computerized aspect of budgeting and human behavioral aspect were also discussed. Chapter three clears with the research methodology, its sampling, used was stated. In chapter four, we took care of the data collected by analyzing and presenting them in a systematic manner. Finally, chapter five clears with the discussions of finding in chapter four the conclusion and recommendations.