Browsing by Author "Dikki, A. C"

Now showing 1 - 1 of 1
  • Item
    Implementation of Activity-based costing and accurate cost information in selected Nigerian manufacturing firms
    (Centre for Social and Economic Research, Federal University, Dutse -Ma., 2021-12) Adigbole, Ezekiel; Dikki, A. C; Abogun, S.; Olaoye, C. O; Fakile, O.G.
    The continued use of traditional costing for processing cost information in manufacturing firms in Nigeria has led to the reportage of distorted cost information and consequently wrong decisions making and performance measurement. It is imperative that firms use cost information that is complete for decision making. Activity based costing is required for generating complete and undistorted cost information. Hence, the objectives of this study were to: examine the effect of technology growth on the implementation of Activity- Based Costing (ABC); evaluate the influence of ABC on accurate cost information; and; and examine the impact of technology growth on accurate cost information. Survey research design was employed. The population of the study consisted of three hundred and eighty - five respondents in seventy - seven listed manufacturing firms in Lagos and Ogun States. The sample of the study consisted of three hundred and twenty- five respondents in sixty - five randomly selected manufacturing firms. Primary data used were collected through questionnaire administration. Data analysis was done using Partial Least Squares Structural Equation Modeling (PLS -SEM). The study found that: technology growth has positive significanteffect on ABC implementation (β = 0.538, p < 0.01); ABC has positive significant influence on accurate cost information (β = 0.634, p < 0.01); and Technology growth has positive significant impact on accuracy of cost information (β = 0.224, p < 0.01). It was concluded that ABC is relevant for generating accurate cost information. The study recommended among others that Nigerian manufacturing firms should implement ABC to achieve accuracy of cost information.