COMPLETE SCHOOL PROJECT TOPICS & MATERIALS :
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The direction towards on efficient production of good and services curled be as a result of an effective control of cost of production. The study of standard cresting as an aid is production cost control is very imperative expected in an economy with high rate of inflation and where prices of grads and service are constantly increasing with no hope of reduction with the effect that the real value of may in the consumer hand is lower than its face value.
This being the case the consumers only have little to spend there fore what ill be uppermost in their minds is to buy product: of cheaper rate when compared wish other products of the same quality.So this research hoke into ho effective standard costing is in the control of production cost and performance appraisal with reference to the Anambra motor manufacturing company (ANAMMCO) Enugu. It is the believe of the researcher that for the company to meet one of its goals of producing at reduced cost but consistent quality for customers satisfaction. It have to establish measure to effectively monitor and control production cost standard costing is one of the measures of achieving this.In order to achieve this purpose background of the study statement of problem objective of the study significance study was shown in chapter one.
Civilization sincerely is a welcome phenomenon. The business world is not left out in its resultant effect. Thus, the degree of complexity and sophistication of situations obtainable in the present days business has called for not just experience but effective and formidable managers. The practicality commitment and inefficiency of every manager could be measured based on his ability to plan organize, direct, control, co-ordinate meteorite and evaluate his business activities these function centers on the resultant checksum makings the process of which are route which have no close substitute as far as the profit making and progress of any business is concerned.
Hence it is early detached that the profit making to cover the cost and the survival o every industry has informatively become an increasingly difficult task therefore mangers are faced with entire managerial decision making crises. Sequel to that the ability of every management to have the managerial decision making process . under control become pertinent as such industry strive to push and present its product is a position it could be preferred to the products of other firms in the same line of business. This gave rise to management accounting which improved from the old quantitative approach to accounting to encompass the quantitative approach to accounting practices.
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