Advantages and disadvantages of uniform costing, Cost Accounting

Advantages and Disadvantages of Uniform Costing

Advantages

1. It enables costs to be compared simply

2. It makes it easier to computerize the accounting system of different organizations in the industry.

3. It leads to easier cost transferability among organizations.

Disadvantages

1. It may not be suitable or proper to an individual organization in the industry if there is a difference in structure and size.

2. It is slow to adopt changing demands and conditions.

Posted Date: 2/7/2013 3:05:26 AM | Location : United States







Related Discussions:- Advantages and disadvantages of uniform costing, Assignment Help, Ask Question on Advantages and disadvantages of uniform costing, Get Answer, Expert's Help, Advantages and disadvantages of uniform costing Discussions

Write discussion on Advantages and disadvantages of uniform costing
Your posts are moderated
Related Questions
Ed Mettway was concerned about his firm''s ability to acquire the necessary property, plant, and equipment to take advantage of steadily increasing sales. Touring Enterprises, esta

describe the procedures involved in payroll labour cost accounting

The following information relates to Araceli Manufacturing Company: total estimated manufacturing overhead cost at beginning of year $864,000 predetermined overhead rate (based

A family in Cambridge received their Christmas presents from friends in Paris this week – 50 days after their parcel was posted. French posties sent it to Cambodia, and the near-20

Purchase of office supplies.

Place a prepared slide of Giardia first under tlie low power and then under the high power of the microscope and observe tlie followilig characters. i) Bilaterally symmetrical

Savage Distribution markets CDs of performing artist Little Sister.  At the beginning of October, Savage had in beginning inventory 1,200 Little Sister's CDs with a unit cost of $5

1. A company is considering a project that requires an initial investment of $100 million and will pay $20 million of each of the next 10 years, and nothing thereafter. The company

formula for economic order quantity

A Government issued a number of index-linked bonds on 1 June 2000 which were redeemed on 1 June 2002.  Each bond had a nominal coupon rate of 3% per annum, payable half yearly in a