Uniform Costing Question:
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What is uniform cost manual?


Uniform cost manual is a document which lays down the general accounting principles, methods and procedures for the ascertainment and control of cost. The circulations of this manual provide the guidelines to the organisation to formulate their system of accounting in such a way that the principles of uniform costing can be uniformly and correctly applied.

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Do you know any disadvantages of implementing Uniform Costing?Explain what are its various contents?