The purpose of this topic or study inventory valuation as aid to manufacturing industry with reference to Tea Time bread industry Enugu. This is to highlight on the importance that our industries can perform effectively and efficiently as it concern’s inventory or stock valuation.

To quite this study four research question were formulated a review of literature was done to ensure solid and more elaboration for the study. A structural questionnaire was densely and administered, the research distribute to questionnaire to the employees of tea- Time Bread industry while 35inene natural collected.

Based on the above some of the above some of the major finding include presentation of data and them analysis. The analyses were done on two categories the general questionnaires sent and structural personnel inter views. And finally, chapter fine discussed all the finding of the result made by the researcher and recommendation as well as conclusion.

However, the research will as a matter of fact add the importance of inventory valuation in an industry of Tea-time Bread.

TABLE OF CONTENTS

Title page

Approval page

Dedication

Acknowledgement

Abstract

Table of contents

CHAPTER ONE

INTRODUCTION

1.0 Background to the Study

1.2 Statement of Problem

1.3 Objective/ Purpose of Study

1.4 Significance of the Study

1.5 Research Question

1.6 Definition of Terms

1.7 Scope of Study

CHAPTER TWO

Literature reveal method of valuation

Summary of related literature

CHAPTER THREE

3.0 Research methodology

3.1 Design of the study

3.2 Area of study

3.3 Population of the study

3.4 Sample and sampling procedure

3.5 Instrument for date collection

3.6 Validation of the research instrument

3.7 Reliability of the research instrument

3.8 Method of data analysis

CHAPTER FOUR

Presentation and Analysis of Data or Results

CHAPTER FIVE

5.0 Discussion of the Result

5.2 Conclusion

5.3 Implication of the Research

5.4 Recommendations

5.5 Suggestion for Further Research

5.6 Limitation of the Study

Reference

Appendix

CHAPTER ONE

INTRODUCTION

BACKGROUND TO STUDY

Numerous routine planning and control activities formerly performed by clerks have developed into sophisticated functions with far reaching effects on corporate objectives and profits. Inventory valuation, as a vital element is one of such functions.

Inventory otherwise returned to as stock can be defined as items of value held for use or sale by an enterprise and usually comprise of raw material supplied used for production work in progress and finished goods at the end of an accounting period. Valuation on the other hand may be defined as “an element of management and estimation of financial values such like values of property, land, stock etc.

Therefore, inventory valuation is simply the means by which merchandise materials goods in process, finished goods supplies

On hand are values by accounting method of valuation, it is the means by which the store ledger accounts of goods is debited with the value or amount of goods received or acquired and credited with the value of the goods disposal off or sole during the accounting period where as by physical method of valuation, it is the means by which the pans set for buying, storing, handling, issuing, supplies and stock ledger is made more effective by constant physical measures.

It will be more relevant to note that the value of inventory may be substantial, surpassing or only second to that of property plant and equipment depending valuation involves the calculation of items to be held, in stock, decision on the