Target Costing and Performance of Manufacturing Industry in South-Western Nigeria

Target Costing and Performance of Manufacturing Industry in South-Western Nigeria

Lawrence Imeokparia

Contact

1 Redeemers University

GJMBR Volume 14 Issue D4

Target Costing and Performance of Manufacturing Industry in South-Western Nigeria

Article Fingerprint

ReserarchID

N4C4R

Target Costing and Performance of Manufacturing Industry in South-Western Nigeria Banner

This research work seeks to explore the extent of Target Costing system adoption and implementation by manufacturing industry in South-Western Nigeria and the impact on their performance. In the research work, performance was defined in terms of profitability, Return on Capital Employed and reduction in the cost of production. The study adopted the survey research method, using structured questionnaire to collect data from the sample data group which represents all manufacturing firms in South Western Nigeria listed on the Nigerian Stock Exchange as at 31st December 2013. A total of 282 firms were included in the study. Reliability test with Cronbach’s Alpha of 0.88 was obtained using the ordinary least square and t-test methods. The results showed that the level of adoption and application of target costing by manufacturing industry in South Western Nigeria is low. However, the findings also showed that there is a strong positive relationship between adoption of Target costing and of improvement in Return on Investment and reduction of cost.

17 Cites in Articles

References

A Ahmed,T Berry,J Cullen,A Dunlop (1997). The consequences of inter-firm supply chains for management accounting.
C Ax,J Greeve,U Nilsson (2008). The Impact of Competition and Uncertainty on the Adoption of Target Costing.
E Bonzemba,H Okano (1998). The Effects of Target Costing Implementation on an organizational culture in France.
L Ellram (2000). Purchasing and supply management's participation in the target costingprocess.
G Fridh,H Borgernas (2003). The use of target costing in Swedish manufacturing firms.
K Hamada,Y Monden (1991). Target costing and Kaizen costing in Japanese Automobile companies.
M Helms,L Ettkin,J Baxter,M Gordon (2005). Managerial Implications of Target Costing.
H Jalaee (2012). Advantages of Target Costing in Organization.
M Kaur (2014). Poising between price and quality using target costing.
A Kumar (2014). Association of Quality function deployment and target costing for competitive market.
Archie Lockamy,Wilbur Smith (2000). Target costing for supply chain management: criteria and selection.
H Okano (2005). Japanese Management Accounting and Recent Changes of target costing at Toyota.
B Pierce (2002). Target costing: market-driven cost management Peter Kajüter.
Alinezhad Sarokolaei,A Rahimi Poor (2013). Studying the obstacles of applying a target costing system in firms accepted in Tehran Stock Exchange.
J Shank,J Fisher (1999). Case Study: Target costing as a strategic tool.
T Tani (1995). Interactive control in target cost management.
C.-L Wu,P.-H Huang,D Brown (2013). Target costing activity-based.

Download References

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

Lawrence Imeokparia. 2014. \u201cTarget Costing and Performance of Manufacturing Industry in South-Western Nigeria\u201d. Global Journal of Management and Business Research - D: Accounting & Auditing GJMBR-D Volume 14 (GJMBR Volume 14 Issue D4): .

More Citation Formats

Select Citation Style:

Download Citation

Download Article

GJMBR Volume 14 Issue D4
Pg. 51- 58

Explore Journals Explore Volume Read This Issue

Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords

Competition performance and profitability target costing

Classification

Not Found

Submission ReceivedDecember 7, 2013
Peer Review Double Blind
Handling Editor
Accepted January 2, 2014
Published January 15, 2014

Version of record

v1.2

Issue date

October 27, 2014

Language

English

Experiance in AR

The methods for personal identification and authentication are no exception.

Read in 3D

The methods for personal identification and authentication are no exception.

View in 3D

Article Matrices

Total Score: 101

Country: Nigeria

Subject: Global Journal of Management and Business Research - D: Accounting & Auditing

Authors: Lawrence Imeokparia (PhD/Dr. count: 0)

View Count (all-time): 148

Total Views (Real + Logic): 4402

Total Downloads (simulated): 2386

Publish Date: 2014 10, Mon

Monthly Totals (Real + Logic):

Month 1: 54 views
Month 2: 62 views
Month 3: 42 views
Month 4: 37 views
Month 5: 38 views
Month 6: 49 views
Month 7: 41 views
Month 8: 29 views
Month 9: 30 views
Month 10: 50 views
Month 11: 43 views
Month 12: 25 views
Month 13: 23 views
Month 14: 29 views
Month 15: 22 views
Month 16: 33 views
Month 17: 15 views
Month 18: 36 views
Month 19: 24 views
Month 20: 40 views
Month 21: 28 views
Month 22: 35 views
Month 23: 23 views
Month 24: 28 views
Month 25: 31 views
Month 26: 38 views
Month 27: 30 views
Month 28: 15 views
Month 29: 15 views
Month 30: 26 views
Month 31: 28 views
Month 32: 28 views
Month 33: 41 views
Month 34: 31 views
Month 35: 20 views
Month 36: 43 views
Month 37: 40 views
Month 38: 36 views
Month 39: 34 views
Month 40: 18 views
Month 41: 26 views
Month 42: 28 views
Month 43: 25 views
Month 44: 31 views
Month 45: 36 views
Month 46: 41 views
Month 47: 32 views
Month 48: 39 views
Month 49: 36 views
Month 50: 24 views
Month 51: 26 views
Month 52: 49 views
Month 53: 26 views
Month 54: 41 views
Month 55: 31 views
Month 56: 30 views
Month 57: 26 views
Month 58: 18 views
Month 59: 43 views
Month 60: 27 views
Month 61: 24 views
Month 62: 38 views
Month 63: 33 views
Month 64: 37 views
Month 65: 17 views
Month 66: 26 views
Month 67: 40 views
Month 68: 18 views
Month 69: 22 views
Month 70: 30 views
Month 71: 11 views
Month 72: 34 views
Month 73: 27 views
Month 74: 25 views
Month 75: 37 views
Month 76: 25 views
Month 77: 25 views
Month 78: 40 views
Month 79: 24 views
Month 80: 31 views
Month 81: 26 views
Month 82: 37 views
Month 83: 23 views
Month 84: 30 views
Month 85: 24 views
Month 86: 37 views
Month 87: 21 views
Month 88: 37 views
Month 89: 42 views
Month 90: 29 views
Month 91: 25 views
Month 92: 24 views
Month 93: 34 views
Month 94: 41 views
Month 95: 29 views
Month 96: 14 views
Month 97: 22 views
Month 98: 20 views
Month 99: 27 views
Month 100: 41 views
Month 101: 36 views
Month 102: 27 views
Month 103: 13 views
Month 104: 28 views
Month 105: 30 views
Month 106: 41 views
Month 107: 36 views
Month 108: 16 views
Month 109: 24 views
Month 110: 23 views
Month 111: 37 views
Month 112: 35 views
Month 113: 23 views
Month 114: 32 views
Month 115: 31 views
Month 116: 21 views
Month 117: 44 views
Month 118: 32 views
Month 119: 45 views
Month 120: 44 views
Month 121: 38 views
Month 122: 33 views
Month 123: 19 views
Month 124: 33 views
Month 125: 26 views
Month 126: 38 views
Month 127: 30 views
Month 128: 39 views
Month 129: 30 views
Month 130: 19 views
Month 131: 27 views
Month 132: 43 views
Month 133: 48 views
Month 134: 36 views
Month 135: 29 views
Month 136: 32 views
Month 137: 36 views
Month 138: 35 views

Total Views: 4402

Total Downloads: 2386

2026 Trends

Published Article

Our website is actively being updated, and changes may occur frequently. Please clear your browser cache if needed. For feedback or error reporting, please email [email protected]

This Page is Under Development

We are currently updating this article page for a better experience.