S/N | Skill Statement | Perceived Importance | Expressed Possession | F-Ratio | F-Critical | H0 | Post Hoc Test (scheffe) | ||
X1 | SD1 | X2 | SD2 | ||||||
1 | Calculate cost per unit of item | 4.35 | 0.66 | 2.48 | 0.9 | 6.37 | 3 | s | HND/B.Sc |
2 | Calculate the total cost of product or service | 4.34 | 0.68 | 2.5 | 0.85 | 10.39 | 3 | s | HND/B.Sc |
3 | Compute prime cost by adding direct costs | 4.23 | 0.87 | 3.79 | 0.68 | 3.51 | 3 | s | ND/NCE |
4 | Calculate overheads by subtracting the sum of factory, administrative, selling and distribution expenses from total cost | 4.35 | 0.63 | 2.36 | 0.73 | 0.91 | 3 | Ns | |
5 | Add direct wages to determine prime cost | 4.04 | 0.5 | 2.89 | 0.82 | 4.24 | 3 | s | HND/B.Sc |
6 | Calculate profit or loss by subtracting the cost of sale from total sales | 4.33 | 0.71 | 2.51 | 0.85 | 0.39 | 3 | Ns | |
7 | Identify and allocate direct cost by adding direct and indirect materials, wages indirect expenses | 4.52 | 0.5 | 2.61 | 0.91 | 9.19 | 3 | s | HND/B.Sc |
8 | Aggregate direct material cost, direct wages and direct expenses to arrive at prime cost | 4.28 | 0.69 | 2.18 | 1.05 | 3.22 | 3 | s | HND/B.Sc |
9 | Aggregate indirect material cost, indirect wages and indirect expenses to arrive at overhead cost | 4.17 | 0.5 | 3.96 | 1.14 | 12.07 | 3 | s | HND/B.Sc |
10 | Calculate the selling price using mark-up system | 4.52 | 0.5 | 2.2 | 1.03 | 3.21 | 3 | s | HND/B.Sc |
11 | Calculate the selling price by deducting the discount allowed to arrive at agreed invoice price | 4.62 | 0.57 | 2.42 | 0.96 | 1.01 | 3 | Ns | HND/B.Sc |
12 | Subtract selling expenses from gross profit to arrive at net profit | 4.57 | 0.66 | 2.44 | 0.7 | 4.24 | 3 | s | HND/B.Sc |