EVALUATION OF COST CONTROL TECHNIQUES AND PROFITABILITY IN MANUFACTURING FIRM
CENTURY BOTTLING COMPANY LIMITED
WASIKE DANIEL WAMUKOTA
SUPERVISOR: BY MR KITALE CHRIS
APROJECT REPORT SUMITED IN PARTIAL FULFILMENT OF THE REQUIREMENT FOR AWARD OF DEGREE OF BACHERLORS OF COMMERCE OF MAKERERE UNIVERSITY
I, Wasike Daniel wamukota declare that the piece of work is my original effort and never been submitted to any institution known to me for any award.
Signature…………………. Date……………………… Wasike Daniel wamukota
Reg No :07/u/15905/ext
This is to certify that this report was done under my supervision
MR KITALE CHRIS
COST CONTOL TECHNIQUES AND PROFITABILITY IN MANUFACTURING FIRMS
The purpose of this study was to evaluate the relation between cost control techniques and profitability in the Century Bottling Company. The study was guided by determining various control techniques used examining profitability and analyzing the relationship between the cost control techniques and profitability. Primary data from Century Bottling Company was used through use of questionnaires, Secondary data by doing further reading through other authors work by use of journal articles. The findings revealed that there is a relationship between cost control techniques and profitability
This book is dedicated to my late parents, jaja glades, brothers and sisters, friends for all the love, financial support and encouragement the have given me during my studies and entire life.
Many people have given me support during my entire life and time of studies. am grateful to god for gift of life I also thank my supervisor Mr.KITALE CHRIS for his guidance and assistance that without him this research would have not been successful. I thank management of coco-cola plant for information they provided to me during my research My sincere appreciation goes to my brother Julius for all the support he has provided me and entire family. Lastly I thank all my friends and all those who helped me during mi study and entire life .GOD BLESS YOU ALL
TABLE OF CONTENTS
1.1 Background to the study
1.2 Statement of the problem
1.3 Purpose of the Study
1.4 Objectives of the Study
1.5 Research Questions
1.6 Scope of the Study
1.6.2 Subject scope
1.6.3 Time scope
1.7 Significance of the Study
2.1 The concept of Cost Control
2.2 Various techniques used in Cost Control
2.2.1 Standard Costing
2.2 Budgetary control
2.2.3 Other Cost Control Techniques
2.2.5 Concept of Profitability
2.2.6 Measurement of Profitability
3.1 Research Design
3.2 Study population
3.3 Sample size
3.4 Data Type
3.5 Data Sources
3.6 Data Collection Method
3.7 Data Analysis
3.8 Data Presentation
3.9 Limitations to the Study
PRESENTATION AND INTERPRETATION OF THE FINDINGS
4.2 Costs Control Techniques Used
4.2.2 Standard Costing
4.2.3 Bench Marking
4.2.4 Inventory Management
4.2.5 Just in time s
4.2.6 Target Costing
4.2.7Total Quality Management (TQM)
CONCLUSIONS AND RECOMMENDATIONS
5.2.1Cost Control Techniques
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