Uniform costing benefits
The uniform costing executed? It is beneficial for an organization?
Expert
Uniform costing method is executed due to the following merits:
- A helpful instrument for management manages as the individual performance is evaluated against norms set up for the industry as a entire.
- It keeps away from cut-throat competition.
- Weaker units can take the benefit of the well-organized techniques of production so as to raise their own effectiveness.
- The accomplishments in development and research programmers might be distributed through the superior units with the lesser units.
- Provides the most excellent cost control system or cost appearance in the whole industry.
- It helps out in enlightening the fewer informed units concerning the cost accounting techniques.
- It allows a proportional appraisal between the two sectors.
- It assists the government in changeable prices of vital and imperative items.
- It assists in price fixation.
- It makes simpler the work of wage boards to fix least amount and fare salaries for a firm.
- It assists trade organization in consulting the government in the trade issues.
Normal 0
The process of allocating the arrears of estate assets to the distributions. Distributions from the estate proceed in a particular order starting with specific legacies, effusive legacies, general legacies, and finally residuary legacies. If legacies assets are not capable to meet the will's prov
Explain why most of the international bonds have high Moody’s or Standard & Poor’s credit ratings?
Assume that your firm is operating in the segmented capital market. State some of the actions that you would recommend to diminish the negative effects?
Define status and role, explain the difference between the two, provide illustrations.
Explain the term Contingent Liabilities?
Explain three important trends which have prevailed in the international business during last two decades.
Define Sole Trade in brief?
Describe the term Holding Period?
Describe the trend of Gross profit of Company?
18,76,764
1940707 Asked
3,689
Active Tutors
1434718
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!