Uniform Costing Question:
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What is uniform costing?


Uniform costing is the application of the same accounting and costing principles, methods or procedures uniformly by various undertakings in the same industry. It is a particular technique which applies the usual accounting methods like standard costing, marginal costing, and budgetary control.

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Can you please explain what are the per-requisites for successful implementation of uniform costing?Explain what is the scope of uniform costing?