Uniform Costing Interview Question:

Do you know what are the areas where uniform costing can be implemented?

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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.
Submitted by: Administrator