COMPARATIVE ANALYSIS OF COST AND PRICING SYSTEM; (CASE STUDY ON WOW AND EDEN WATER MANUFACTURING COMPANAY)
Date
2019-06
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
WOLKITE UNIVERSITY
Abstract
cost and pricing is one of the most important thing that designed to have a good cost management and setting appropriate selling price of the product that have been able to generate a reasonable percentage of profit by covering its expenses. This study entitled as the comparative analysis of cost and pricing system in case of wow and Eden water manufacturing company. The general objective of the study tried to assess the cost and pricing system. The study used primary data sources. The primary data the researchers used is interview of accounting staff and other cost related professions. The information was analyzed by applying descriptive way using statically tools like, table, and percentiles. In this regard, the result of the study indicated that the company recording of cost data, type of applied costing system and base of company setting price. The study suggests a series of measures which could be taken by the company using computerized system to record and adopt mixed (cost +market) as well as the company identified their weakness and strength in order to achieve their goal