What are the areas where uniform costing can be implemented?

What are the areas where uniform costing can be implemented?


The following are the areas where uniform costing can be implemented:

- In method of pricing the issues

- In method of cost accounting

- In costing techniques

- In methods which are used for valuation of inventories.

- Methods of remunerating workers.

- Methods used for inventory control

- Methods used for valuation of inventories

- Methods used for charging depreciation

- Methods for apportionment and absorption of overheads

- Treatment given to research and development costs, material scrap, wastes and defectives.
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