Cost control system of garments businesses in Taytay, Rizal calendar year 2015 Angelica N. Mostaza, Danica V. Ogena ,Crisell D. Pedegloria, Lady Rose R. Vital

Thesis BSBA- FM University of Rizal System, Binangonan 2017

includes bibliographical references

This study aimed to determine the Cost Control System of Garment Businesses in Taytay, Rizal Calendar Year 2015 in terms of Administrative Expenditure, Sales Expenditure and Production Expenditure. This study used descriptive method to describe the cost control of 60 registered garments in Taytay, Rizal. The respondents used questionnaire checklist in collecting data from the owners of garments and such data were tested with different statistician tools such as Frequency, Percent and Rank Distribution, Arithmetic mean and Rank Distribution and One-Way ANOVA. Based on the summary of findings, the researchers drawn the conclusions that most of the respondents were middle adult, female, married and high School graduate.With respect to the business profile, most of the respondents were sole proprietorship with below 15 number of employees and have a 6-15 Year of existence, and most of them have initial capital of ₱20 001-₱45 000. With regards to the perception of the respondents on Cost Control System of Garment Businesses in terms of Administrative Expenditure, paying utility bills on or before due date obtained the highest mean of 4.07 which verbally interpreted as "Often". In Sales Expenditure, estimating the expected volume of sales and selling expense obtained the highest mean of 4.33 which verbally interpreted as "Always". In Production Expenditure, improving quality control to cut rejection rates and reworking cost obtained the highest mean of 4.23 which verbally interpreted as "Always". With respect to the tested null hypothesis, data revealed that there was a significant difference in the respondent's perception with respect to Administrative Expenditure in terms of gender, number of employees and initial capital. There is also a significant difference in respondent's perception with respect to Production Expenditure in terms of age. Based on the summary of findings and conclusions, the researchers recommended that the owner may consult accounting personnel to check and balance their financial statement to make sure that the statement was correct and reliable. The owner may use social media/flyers or posters to advertise their garments in order to recognize by the other people who may not know the quality of their garments. The owner may engage themselves in Production processes for them to know a flow of the operation and how to improve it if necessary.