Brief Introduction

Goals set by the organization will only be in vain if much attention is not paid to employees’ effort or performance for successful accomplishment. (Neely, Adams and Kennerly, 2002). In order to achieve set goals and objectives successfully, there is a need to focus on performance for most organizations and manufacturing firms is delivering products and services that meet or exceed customers’ expectations, thereby creating a competitive advantage so that customers are retained and market share is increased. (Sasson, Alvero and Austin, 2006).

Once, effective performance evaluation is established by managers and even business organizations employees are motivated to strike hard to be recognized and even their performance would reflect on productivity (Neely et al, 2002).

Therefore, cost accounting techniques play a vital role in evaluating the performance of employees by managers and even business organizations. According to previous research, as stated by Nguyen (2011), different costing techniques have different core competitive advantages to organizations.

Table of Contents

Title page ……………………………………………………. i
Declaration page ………………………………………. ……. ii
Approval page ………………………………………………… iii
Dedication page ………………………………………………. iv
Acknowledgment page …………………………………….… v
Abstract page ……………………………………………….… vi
Table of contents …………………………………………….… vii

CHAPTER ONE
1.0 INTRODUCTION …………………………………………..1
1.1 Background of the study………………………………….1
1.2 Statement of the problem…………………………………2
1.3 Objectives of the Study……………………………………3
1.4 Research Questions………………………………………..3
1.5 Significance of the Study………………………………….4
1.6. Scope of the Study…………………………………………4
1.7. Definition of Terms……………………………………….5

CHAPTER TWO
2.0 LITERATURE REVIEW
2.1. Introduction…………………………………………………7
2.2. Concept of Cost Accounting……………………………….7
2.3 Relevance of Cost Accounting……………………………8
2.4 Concept of Cost ….………………………………………9
2.5 Classification of cost ……………………………………..10
2.6 Concept of Cost Accounting Techniques………………..11
2.7 Types of Cost Accounting Techniques…………………..12
2.7.1 Marginal Costing Technique……………………………..13
2.7.2 Absorption Costing Technique….………………………..14
2.7.3 Standard Costing Technique……………………………..15
2.8. Concept of Performance Evaluation……………………..16
2.9 Determinants of Performance Evaluation………………..17
2.10 Criteria for Performance Evaluation………………………18
2.11 Application of Cost Accounting Techniques on Performance
Evaluation………………………………………………..20

CHAPTER THREE
3.0 RESEARCH METHODOLOGY
3.1 Introduction……………………………………………….22
3.2 Research Design…………………………………………..22
3.3 Population of the Study…………………………………..23
3.4 Sample size and Sampling Techniques…………………..24
3.5 Method of Data Collection………………………………26
3.6 Techniques of Data Analysis……………………………27
CHAPTER FOUR
4.0 DATA PRESENTATION, ANALYSIS, AND FINDINGS
4.1 Introduction………………………………………………29
4.2 Presentation and Analysis of Data……………………….29
4.3 Summary of findings…………………………………….41
CHAPTER FIVE
5.0 SUMMARY, CONCLUSION AND RECOMMENDATION
5.1 Summary…………………………………………………42
5.2 Conclusions………………………………………………43
5.3 Recommendations…………..……………………………43
References……………..………………………………44
Appendix A: Letter of Introduction……………………51
Appendix B……………………………………………52